3 steps help prevent stretch wrap failure - freight...

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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: FMI NEWS!! 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 marketing product manager for Lantech suggests that it may not be the wrap; instead, it may be the wrap’s application. 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 standards, Jones suggests three steps. film,” 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. Lantech’s systems 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 something and compromise the wrapped load’s integrity. First, ensure that the minimum amount of containment force, or wrap tightness, is applied 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 Operang raos represent operang expenses as a percentage of revenue. An operang rao 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

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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.