NEWS AND EVENTS

Women In Trucking Association & Expediter Services Announce Program Aimed At Developing 150 Women-Owned Businesses Over Next 12 Months

Women In Trucking President & CEO Ellen Voie, in her annual presentation during the organization’s Accelerate! Conference & Expo, announced an innovative new program that will serve as a platform to assist in establishing 150 new women-owned small businesses within in the transportation sector over the next 12 months. The program – developed as part of a strategic partnership with Expediter Services, one of the industry's leading providers of capacity – will offer accessible financing as well as operational and business support for women interested in entering the trucking industry.

The goal of the new program from Women In Trucking (WIT), as Voie noted in her presentation at the conference, is focused on key areas of need within the trucking industry. The program, in utilizing infrastructure developed through the expertise of Expediter Services, offers a proven platform for women who are interested in learning about and growing within the trucking industry. The women in the program will be on a path to establishing their own small businesses as owner-operators and fleet owners in a market that now has a driver shortage approaching 50,000, according to the latest industry estimates.

WIT’s new program also offers a strong solution in a challenging driver market for carriers seeking capacity growth to meet the increasing shipping needs of customers. As part of her presentation at Accelerate!, Voie issued a challenge to the carriers attending the annual WIT conference and to carriers across the industry. In considering the number of small businesses and owner-operators WIT’s new program seeks to develop over the next year, Voie challenged carriers to help create opportunities for these women entrepreneurs by utilizing their services as a way to address capacity needs.

Expediter Services President Jason Williams, a WIT Board of Directors Member and a participant in a panel discussion following Voie’s presentation, announced on Tuesday that Panther Premium Logistics and Forward Air had become the first carriers to pledge their support in welcoming the capacity that will be generated by the small businesses produced through WIT’s new program.

“One of the goals of Women In Trucking Association is to address obstacles a woman might face in her career. For drivers, this is often about obtaining funding, which our partnership with Expediter Services will eliminate. Not only will she receive financial support, she will learn how to become a small business owner in the process. We are so excited to be able to provide this service to our members," said Voie.

In addition to becoming the leading source of capacity to the expedited transportation market during the past decade, Expediter Services has developed a highly effective platform offering strong entrepreneurial opportunities in general trucking through https://successintrucking.com, a website dedicated to prospective owner-operators and fleet owners. https://successintrucking.com also features programs designed to address the needs of carriers seeking capacity.

“We value the partnership that Expediter Services has built with Women In Trucking, and, through our experience in developing our scope of services, we know that women are a very important and growing part of a changing marketplace in trucking. We have been working for some time now to put the financing, operational support and infrastructure in place that can serve as a strong springboard for the launch and growth of 150 new women-owned small businesses over the next year,” said Williams. “Everything is now in place, and the industry is responding. We are proud to have Panther Premium Logistics and Forward Air as the first carriers on board to provide the participants in the program a great freight environment to work within. We could not have asked for better support to ensure the success of a program that is the first of its kind in the industry. Expediter Services is committed to helping the women entrepreneurs entering this program find their path to success in the trucking industry.”

Those interested in learning more details about the program are encouraged to contact Expediter Services with a phone call or email. The toll-free number for Expediter Services is 877-349-9303, while the email address is recruting2@expediterservices.com.

TruckDriver.com
Carrier of the Month
Werner Enterprises

Werner Enterprises’ Executive Chairman C. L. Werner began a humble business in 1956 with one truck. Werner, 19, went to Omaha to work in a factory before deciding he would rather drive a truck. He sold his car to buy a gas-powered Ford F800 truck and started hauling cargo for other trucking companies. He hauled cargo that was exempt from regulatory restrictions, such as grain, watermelon and fence posts. C. L. built the company one truck at a time, hauling in regional areas.

Today, Werner Enterprises, Inc. is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico, China and Australia. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated van, temperature-controlled and flatbed; medium-to-long-haul, regional and local van; and expedited services. Werner Logistics' portfolio includes freight management, truck brokerage, intermodal and international services. International services are provided through Werner's domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.

Beyond dedication and ambition, innovation and technology set the pace for the Werner Enterprises success story. The firm was the first carrier with DOT approval to use the Paperless Log System.

Werner Enterprises is a driver company, operates a fleet of 7,300 trucks and almost 24,000 trailers throughout the U.S., Mexico and Canada. Such diversity allows their drivers flexibility to drive for services that suit their lifestyles, with the added benefit of living in any area of the country they prefer. As a Werner Enterprises driver, you receive personal attention and your fleet manager knows you by name.

Werner Enterprises offers many opportunities for drivers, nationally and regionally within the various Van, Flatbed and Temperature Controlled services. Experienced drivers and owner-operators should click here to start on the road to a better driving career.

Trucking Futures Exchange to Launch in Late 2018

DAT Solutions and TransRisk have signed a deal to launch a trucking freight futures market through Nodal Exchange in late 2018, a project first announced earlier this year.

The futures market would work a lot like commodities trading on the New York Mercantile Exchange, financially settling contracts on major freight lanes using the DAT Truckload Rate Index, the companies announced on Oct. 27.

TransRisk said the exchange will allow trucking companies, investors and shippers to hedge against the wild swings in spot market prices due to conditions such as hurricanes, wildfires and other natural disasters, seasonality, regulation and macroeconomics.

DAT is a leading operator in the spot freight marketplace in North America.

“DAT and Nodal Exchange are ideal TransRisk partners to launch the first futures contracts for the trucking industry. DAT is considered the de facto industry standard, well established for its benchmark supply, demand and rate data for the truckload freight market,” said Craig Fuller, CEO of TransRisk, a data intelligence and financial products company serving the freight industry.

“We were highly selective in picking an exchange and clearing partner and wanted a firm that understood how to build a futures contract in a new market and had the internal resources to execute.” Fuller added.

Nodal Exchange is a regulated derivatives exchange providing price, credit and liquidity risk management solutions. Currently it offers more than 1,000 electric power and natural gas contracts. (Read more)

Women In Trucking Association & Expediter Services Announce Program Aimed At Developing 150 Women-Owned Businesses Over Next 12 Months

TruckDriver.com Carrier of the Month Werner Enterprises

Trucking Futures Exchange to Launch in Late 2018

TruckDriver.com
Carrier of the Month
Werner Enterprises