Archive for the ‘Making Your Miles Count’ Category
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There are four major things an operator may do that can cause success or failure: fuel consumption, maintenance, carrier contract and income taxes. Blame for the failure of an operator is usually not in that order. Both maintenance and income taxes get the highest blame while fuel and carrier contract carries the lowest blame. Just…
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My closest friend attended an event that featured a senior analyst of one of the six chartered banks who presented a long term economic forecast for Canada and the USA. There are at least two banks of the six (that I know of) that are in relative agreement about the future of the economy (the…
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Deciding to be an operator is more than just a flip of the coin. I don’t want to imply that people actually make that choice by flipping a coin but in some circumstances, it would have been better to let the coin call the shots. I was talking to a couple who came to my…
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This is the time of the year when taxes are paid. Most people are still feeling the sting. Not all operators wait till the end of the year to pay. Some make installment payments or remittances during the year (voluntary or mandatory). However, all good operators evaluate their tax liability for their prior year. It’s…
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Traveling coast to coast can produce a problem for understanding income taxes in Canada. Many drivers have friends and acquaintances that live and work sometimes thousands of miles away. When the topic of income taxes comes up there can be significant differences in perception and therefore results. Canada is a big country, over three thousand…
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Trying to get a balanced opinion of President Trump in a world of extreme media bias and nearly infinite internet partiality is like wading through a septic tank looking for an edible apple. Personally, I shy away from the mainstream media as a viable source of facts. My opinions of internet sites that shout strong…
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I was giving a speech a while ago and had a short question and answer time at the end. I was asked a fairly standard question about success and what is the biggest leverage to achieving it. I have many books on the subject and there are more books written about the subject than all…
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Trump won on the campaign “Make America Great Again”. The slogan then morphed into “…safe again.” “…strong again.” “one again.” and even “…rich again.”. This “America first” ideology is more of a revolutionary statement than a political campaign slogan. It sucker punches globalization; a collective ideology that has been entrenching itself for decades. The United…