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Archive for October, 2015

Truck Driver Shortage – Article
Posted on October 28, 2015

Click the “link” for a succinct article describing this shortage.  

Oil Production Strategy
Posted on October 26, 2015

Interesting article analyzing the oil production strategy in the Middle East and making the statement: “Not even the mighty Middle East can survive cheap oil forever. If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International

Top 10 Issues Facing Trucking Industry
Posted on October 26, 2015

Following is an article recently posted by the MTA showing the top ten issues as reported by the American Transportation Research Institute: “American Transportation Research Institute (ATRI) found that hours-of-service (HOS) is again at the top of the list of most critical issues facing the trucking industry. The group said the economy is the only

Factoring Example – Manufacturing
Posted on October 14, 2015

We had been in discussion with a small manufacturer and they had determined that the time was right, recently, to look at factoring.  They are on the verge of growing rapidly and this is an unsolicited comment we had received, referencing the advantages they have experienced associated with factoring with Partners Funding: “By the way, I wanted to

Great Plains Transportation 20th Anniversary Party
Posted on October 14, 2015

Great Plains Transportation, Inc. celebrated it’s 20th anniversary with all employee’s gathered together in a great downtown Minneapolis venue.  Teddy Bridgewater stopped in as well!

MN Trucking Association October Publication
Posted on October 14, 2015

In reviewing the magazine, there were some key points of interest: “Truck parking has been a long standing problem in our nation-we need new approaches to fix it” as quoted by US Deputy Transportation Secretary Victor Mendez. American factory exporting had slowed in August due to lower demand and the increase in the dollars value.

Cash Flow & Invoice Financing
Posted on October 13, 2015

In a recently published poll, cash flow was a top concern for businesses with 11 to 50 employees. Every business surveyed said increasing profit was a top business challenge for 2015. The small businesses surveyed are all looking for ways to make their business as profitable and lean as possible, which means managing cash. Imagine

Transportation – Railroad Slowdown?
Posted on October 12, 2015

Interesting article with respect to potential impacts to the transportation industry: http://www.bizjournals.com/twincities/morning_roundup/2015/10/railroads-say-more-slowdowns-looming-theyre-not.html?ana=e_twin_rdup&s=newsletter&ed=2015-10-12&u=zh3deVt2%2B3Jg0ObDhzDEIQ0820f2dc&t=1444654492

MN Manufacturers Summit – 2
Posted on October 6, 2015

I’ve come across my notes with respect to the talk given by keynote speaker Victoria Holt (CEO) of Proto Labs. Per previous post, her topic was the confluence of hardware and software in the manufacturing environment.   She saw this happening in 4 major categories: Automation of Front End processes (i.e. inbound sales process being more

2015 MN Manufacturers Summit
Posted on October 6, 2015

I had the chance to attend this summit that was held yesterday, in St Paul, in honor of kicking off Manufacturers week. In addition to hearing Ms. Victoria Holt (CEO) of Proto Labs speak of the “confluence” of software and hardware in the manufacturing process, Mr. Doug Loon (MN Chamber President) spoke concerning a few highlights