3 steps help prevent stretch wrap failure - freight...
TRANSCRIPT
3 Steps Help Prevent Stretch Wrap Failure
3 steps help prevent
stretch wrap failure
1
Protecting their profits 1
Focus on The Client—
Medtronic
2
A Special Thank You 2
July & August Birthdays 2
Protecting their profits
(Cont.)
2
Me, Myself & I—
Jared Mousteiko
3
FMI Baby Boom 3
Facts About August 3
FMI Challenge Winners 4
Digging Deep for Capacity 4
Exciting FMI
Announcements 4
Happy Anniversary FMI
Employees
4
Take the FMI Challenge 4
September/October 2013
Volume 11, Issue 4
Inside this issue:
FMINEWS!!
Industry Update on all the topics
concerning freight logistics,
transportation and some fun
things too...
Mission Statement “We will be the staff our clients require to reach goals and achieve their vision.”
When a unit load fails,
stretch wrap is often
fingered as the culprit.
Derek Jones, senior
market ing product
manager for Lantech
suggests that it may not
be the wrap; instead, it
may be the wrap’s
app l i c at io n . Jones
explains that many
companies experiencing
stretch wrap failures
haven’t established a
standard of effective
wrapping practices for
each type of unit load:
each type depends on
weights, types, if there
are sharp corners. To
build proper wrapping
s t a n d a r d s , J o n e s
suggests three steps.
fi lm,” Jones says.
Second, ensure the load
is properly locked to the
pallet. Operators often
start the wrap over the
sides of the pallet—
where forks from a pallet
jack or forklift can
puncture the film.
L a n t e c h ’ s s y s t ems
automatically roll a short,
initial “cable” of film that
grips the pallet just
under the deck board,
avoiding fork damage.
Third, manually tuck the
film’s tail under the wrap.
This prevents any excess
that could snag against
s o m e t h i n g a n d
compromise the wrapped
load’s integrity.
First, ensure that the
minimum amount of
containment force, or
wrap tightness, is
appl ied the load.
“Baseline containment
force is calculated by
multiplying the wrap
force—controlled by a
knob on the stretch
wrap machine— with the
number of revolutions of
“Your present
circumstances don’t
determine where you can
go; they merely
determine where you
start.”
—Nido Qubein
Protecting their profits
Trucking companies are
struggling to balance
rising costs with uneven
demand. An anemic
economic recovery,
spending cuts driven by
the federal sequester,
and winter storms
created roadblocks for
trucking operators in
the first quarter slows
the industry’s drive
toward greater profita- bility. The Journal of
Commerce Trucking
Dashboard tracked
more than 20 public
trucking companies’
profit margins, showing
higher operating costs
coupled with weak
demand, results in
constrained earnings
growth. Profits at only
8 of the companies
declined from the first
(Continued on page 2)
OPERATING RATIOS Opera�ng ra�os represent opera�ng expenses as a
percentage of revenue. An opera�ng ra�o above 100
a company is money before taxes and other charges.
LTL 1Q 2011 4Q 2012 1Q 2013
ODFL 89.1 87.2 87.6
YRC REGIONAL 97.2 95.7 97.1
FEDEX FREIGHT 100.1 94.5 99.7
ROADRUNNER 92.9 94.9 93.2
SAIA 95.9 96.2 94.7
CON-WAY 95.8 97.4 98.1
ABF FREIGHT 105.5 103.2 105.5
YRC FREIGHT 107.1 97.3 99.7
AVERAGE 98.0 95.7 97.0
Established in 1987
Medtronic develops and
manufactures innovative
medical device technology and
therapies to treat chronic
disease worldwide.
Page 2 FMI Newsletter
Focus On The Client — Medtronic
extend life. Today,
Medtronic is the
world's largest medical
technology company,
offering an unprece-
dented breadth and
depth of innovative
therapies. Last year,
more than 9 million
p e o p l e b e n e f i t e d
from it’s medical
therapies, which treat
cardiac and vascular
diseases, diabetes, as
well as neurological and
m u s c u l o s k e l e t a l
conditions.
is to contribute to
human welfare by
applying biomedical
engineering to the
r e search , de s i gn ,
manufacture, and sale
of instruments or
appliances that alleviate
pain, restore health, and
Medtronic was founded
in 1949 as a medical
equipment repair shop.
Their first life-changing
therapy– a wearable,
b a t t e r y - p o w e r e d
cardiac pacemaker– was
the foundation for many
m o r e M e d t r o n i c
therapies that use the
electrical stimulation
expertise to improve
millions of peoples’ lives.
As of 2012, their head-
quarters is located in
Minneapolis, Minnesota .
They employ over
46,000 persons.
Their mission statement
“Health is the greatest
gift, contentment the
greatest wealth,
faithfulness the best
relationship”
—Buddha
FMI Birthdays
percent increase many
transportation analysts
forecast for truck
pricing this year.
F r e i g h t d e m a n d
measured by year-over-
year change tonnage
jumped in January but
declined in February
before rising in March
and April, according to
American Trucking
Association’s data.
Tonnage rose 3.9
percent on average in
the first quarter, flat
compared to a year
earlier.
Protecting their profits (Cont.) quarter of 2012, and
only two companies
suffered first quarter
losses: ABF Freight
System and Vitran
Express. Fedex Freight
and YRC Freight’s
return to profitability
from first quarter 2012
losses—showcases the
resiliency and fiscal
discipline trucking is
developing as the
economic recovery
slowly unfolds. The drop
in profit at other
carriers, however,
stress the difficulty
for many companies to
balance slow or uneven
demand growth with
rising expenses. Yield
gains were lower as well,
and more reliant on
pricing increases than
fuel surcharges in the
LTL segment. LTL yield
increased an average 3
percent in the quarter,
while the average
truckload revenue per
tractor per week
increased 3.5 percent
from a year earlier.
Those figures fell
within the 2 to 4
Paul Castaneda 9/09
Millie Vega 9/16
Bob Walters 10/17
Jamal Bourne 10/18
Vianey Hernandez 10/28
A Special Thank You…
“I appreciate all the effort and integrity FMI has always represented ICEE/Slush Puppies interests...”
-Rick J. Scott– Slush Puppies
Page 3 Volume 11, Issue 4
Me, Myself & I— Jared Mousteiko
I was born in raised in
Houston, TX and lived
there for 20 years
before moving to
California with my
parents to continue my
education. In 2007 I
graduated from Cal-Poly
Pomona with a double
major in International
Business and Marketing.
I worked as a server and
a bar tender while
looking for a job but
nothing interested me
right out of college. In
2013 I received my
paralegal certificate at
Pasadena City College. I
enjoyed holding an
internship for 9 months
a f te r g r ad u at i n g ;
however, after the
internship there were no
open positions, so I
returned to the bar
t e nd i n g b u s i n e s s .
Working in Montclair, I
developed a regular
crowd at the bar and
enjoyed learning about
their lives and careers.
One of my regulars said
s h e w o r k e d i n
transportation and ware-
housing. When the own-
er closed the restaurant
and I began to look for
another job. My old reg-
ular reached out to me
about a position
available at her office. I
took the offer immedi-
ately and began working
in the transporta-
tion field, enjoying it
instantly. I worked
there for 2 years until
c i r c u m s t a n c e s
warranted that I move
on in search of another
opportunity. An old
coworker mentioned he
knew Marian had an
opening at Freight
Management’s dispatch
department. I was
offered a full time
position here at FMI and
I am thoroughly enjoying
working here with the
amazing staff. I am
thankful I get to work
everyday with a group of
hard working individuals
who put the needs of
the customer above all
else and strive to do
anything and everything
possible to make them
h a p p y .
Hard work
and persis-
tence pays
off.
FMI would like to
introduce some very
special and adorable
additions to the FMI
Family.
Ina Cordo-
va, FMI
A c c o u n t
M a n a g e r ,
welcomed a
b e a u t i f u l
grandson on
June 19th.
He weighed 8lbs and was
20 inches long.
Jamal Bourne, FMI Dis-
patcher, welcomed his
handsome son Judah
FMI Baby Boom!
Bourne on
A u g u s t
8th. He
w e i g h e d
7lbs 11ozs
and was
22 inches
long.
On August
13th, Sandy
Aufdenkamp,
FMI Account
M a n a g e r ,
w e l c o m e d
her darling granddaugh-
ter Brooklyn Lea. She
weighed 8lbs and is 20
inches long.
Jackilyn Marsh, FMI
Ma i l r o om ,
w e l c o m e d
her grand-
d a u g h t e r
Jean in Au-
gust.
Last but not least Jack
Farley, FMI Dispatcher,
welcomed his second
grandson also in August.
All these high value sen-
sitive “shipments” are
being handled with spe-
cial white glove care by
our capable FMI team
members.
FMI Fun Facts
• Christopher Columbus
set sail from Palos,
Spain, on his first
voyage across the
Atlantic, August 3,
1492
• The 19th Amendment
to the U.S. Constitu-
tion, which gave wom-
en the right to vote,
was proclaimed on
August 26, 1920.
• On August 9, 1974,
Richard M. Nixon
resigned from office,
making him the first
United States
president to ever
resign from office.
• Hawaii became the
fiftieth state on Au-
gust 21, 1959
• August is: Women’s
Small Business Month
2900 E. La Palma Ave Anaheim, CA 92806
Phone: 714-632-1440
Fax: 714-632-7366
Email: [email protected]
If you have any
articles you’d like to
submit, please
contact Kim Runkle.
FMI Newsletter
The following number is the only one of its kind: 8,549,176,320. Can you figure out what is so special about it? Fax or email answers and address to 714-632-7221 or [email protected] to collect your prize. Winners will be announced monthly.
Take the FMI Challenge
FMI Challenge Winners
Answer:
They are both in the middle of
water!!
Congratulations:
Anna Tyminski– Spectrum Chemical Debbie Stutts– Spectrum Chemical
Gina Lovin- Javo Beverage
John Pace– Camelbak
Kenny Debes– Estes
Prem Jain– Spectrum Chemical
Rosalio Cabral– Creel Printing
Digging Deep for
Capacity
One bright side to a slow economic
recovery is that truck supply and
demand has been kept in rough
balance during the last four years.
Despite shrinking fleets at the
largest trucking companies, the
capacity crunch much feared in the
recession’s wake never caught up with
shippers. The largest motor carriers
are still cutting capacity. Freight
demand has increased since 2009 but
truck capacity hasn’t. With the
economy again showing signs of
weakness this summer, shippers aren’t
feeling much of a pinch, but they’re
concerned about the impact of new
driver hours-of-service rules and
higher carrier operating costs.
Happy Anniversary FMI Employees
Marian Thompson, Dispatch — 16 years
Tim Ponder, Vice President — 14 years
Kristan Peterson, Auditing — 14 years
Roy Yahiro, Dispatch — 12 years
Kim Runkle, Systems & Office Manager — 11 years
Ryan Chang, Manager of Pricing —8 years
Scott Walters, Sales — 6 years
Jamal Bourne, Dispatch— 5 years
Paul Castaneda, On-Site Coordinator— 5 years
Laura Branson, Controller —3 years
Jennylyn Gutierrez, Data Entry — 1 year
Exciting FMI Announcements
As most have witness-
es over this past year,
there have been some
significant changes
here at FMI. For this
reason alone, this has
led to our need to in-
crease our staffing as
well as redefine the
responsibilities of
some of our existing
staff.
Please join us in con-
gratulating the follow-
ing FMI team mem-
bers:
Angela Shackford has
been offered and pro-
moted to Director of Accounts, Angela will continue to oversee
and assure the suc-
cess and satisfaction
of the FMI clients.
Although her daily
duties will not change
drastically, the roles
and responsibilities
she has created and
assumed over the past
year more than justi-
fies the promotion.
Kim Runkle has added
responsibilities of
Jaguar & J Reports
this naturally comes a
new title of Systems & Office Manager. These two integrated
programs is FMI cur-
rent and future an-
swer to our TMS/
Reporting needs and
requests.
We are also thrilled
to announce the pro-
motion of Laura Bran-
son to Controller in the FMI Corporate
Accounting depart-
ment. Laura has held
and excelled at vari-
ous administrative and
customer service po-
sitions so we are ex-
cited about her new
role at the company.
Christina Lopez has
been offered and ac-
cepted an Account Manager position.
Although, Christina
has some big shoes to
fill but we are confi-
dent that she is up to
the challenge.
Additionally, we have
added 5 new team
members which reside
both in the Anaheim
Corporate locations
and our Minnesota
satellite office. As
the dust settles and
the embraces begin to
tighten we are all hit-
ting the ground run-
ning and look forward
to all the new chal-
lenges and adven-
tures that await us.