Why The Trucking Industry Is The Lifeblood Of The U.s. Economy

Northouse, P. G. (2016). Leadership: Theory and practice. Thousand Oaks, CA: SAGE

Trucking serves as a barometer of the U.S. economy, representing 69.1% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 9.7 billion tons of freight in 2013. Motor carriers collected $681.7 billion, or 81.2% of total revenue earned by all transport modes.

Globalization has broadened market for all industry, from nationwide to world wide. The speed and accuracy has become the critical success factors not only for transportation and logistic company but also for their customers as well. As a result, fast and reliable service is not considered as values anymore, it becomes norm which customers expected from every transportation and logistic company. Therefore, to be competitive in this industry, companies must provide value-added-services which create great satisfaction to its customers.

It was nice to be California last week, enjoying the nice weather before summer descends upon us in the Sunny South. At the meeting, Kome Ajise, with CalTrans, provided an overview of the challenges in addressing freight by the public sector. His most striking comment was the definition of a “Freight Project” developed by their Freight Advisory Council:

According to (Economic Contributions) “building 60 million vehicles requires 9 million people directly in making the vehicles and the parts that go into them.”That’s 9 million people without including the ones who work indirectly like in steel, rubber, and other manufacturing jobs. Between and 2007 and 2009 when the recession hit there was a 7.4% decrease per year in labor productivity. The Big Three suffered a loss of 17% in the market share between 2001 and 2008. Both Chrysler and GM were obliged to file for chapter 11 bankruptcy and both received aid from the Automotive Industry Finance Program, which was created from TARP funds. The controversial bailout saved 1.5 million U.S. jobs and about

The railroad industry and railroad technology has helped the men and women make things safer and

Leadership is, and always has been, a vital aspect of social and economic constructs. It is essential to the survival of societies, industries, organizations, and virtually any group of individuals that come together for a common purpose. However, leadership is difficult to define in a single, definitive sense. As such, theories of leadership, what constitutes a great leader, and how leaders are made have evolved constantly throughout history, and still continue to change today in hopes of improving upon our understanding of leadership, its importance, and how it can be most effective in modern organizational cultures.

Growing up with a father who has worked as a truck driver for almost all of his life, I have witnessed firsthand the role that the trucking industry plays in the economic vitality of Tennessee. When I was younger, I could not understand why my father would be gone for extended periods of time or why he had such an irregular schedule; however, I now see why my father did what he had to do. Without trucking industry workers, such as my father, our state could not operate. People rely on transportation laborers to supply the goods that they need and desire. Without this industry, the lives of all would be impacted greatly. There would be no one to deliver food, resulting in scarcity. There would be no way for essential supplies and materials to

Foundational theories are the backbone of today’s application of leadership in all aspects of business in a global society. Understanding the characteristics that define successful leadership is not feasible due to application of leadership principles in diverse circumstances. This does not defray the premise that effective leadership cannot be learned. In fact, learning and understanding the many approaches to leadership allows an individual to internalize and effectively develop a leader’s mentality (Derecskei, 2016).

What happens when the economy tanks, and these companies have to find an alternative to the income they are used to seeing. There are several aspects that a company can do to keep going though these hard times. One is to limit the overall expenses they have on a daily basis. Most people do not like to hear that, but it means laying off employees to ensure they are able to maintain some profits. Additionally, the company can try and expand to other areas and find more purchasers for the items. The transportation industry will be needed for a long time. This is due to the fact items have to move, they cannot magically move from one spot to another. Another alternative to making money during a recession is to pack the equipment more economically and plan routes better. If a driver is able to make several stops on one trip they can save money by not having to go back and forth. This will allow companies to keep some more drivers and develop more plans. Even something like UPS has done, and plan their routes by only making right turns. This has saved them over two point five billion miles in one year (Rooney, 2007). The overall saving can be converted into not only the amount of fuel they saved, but also the less amount of time they have spent trying to make a left turn. Thinking outside of the box like this can save companies money and time. This is able to be accomplished when times are tough so they are capable of making it through the downturn in the

The trucking industry serves the American Society by transporting 80% of all freight, annually accounting for $671 billion worth of manufactured and retail goods within U.S. alone. Add $295 billion truck trade in Canada and $195.6 billion truck trade with Mexico. About 4.8% of the Gross domestic product

According to (Benis, 2014) the most dangerous leadership myth is that leaders are born—that there is a genetic factor to leadership. Author (John F. Kennedy) observed that Leadership learning is indispensable to each other, leader learning how to become leaders and they are continuing to learn in their own role as leaders. In fact, there are several theoretical approaches have been conducted to determine the impact of the leadership. In this essay the impact of these approaches and understanding of their main tasks will be discussed. In the end of this essay Leadership Questionnaire (Donald Clark) will be

In chapter 1-3 we have learned a lot about leadership and different roles of leadership. In Chapter one we are taught about the definitions and the significance of leadership. In chapter two we learn about global and cultural context. Global and cultural context let us know about the roles culture can play in leadership and how a leader can develop a cultural mindset. In Chapter three we learn about the early theories of the foundations of modern leadership. There are three eras of leadership, which consist of the trait era, the behavior era, and the contingency era, which is the era that we are in now.

There is a large unmet demand for truck drivers today. The transportation sector of the American economy is on the rise and many drivers in the work force are retiring. This means the trucking industry needs to fill a growing driver shortage and is willing to pay higher salaries. For the person looking for work, this is a unique opportunity. However, not everyone is a good fit for this kind of work. If you can relate to these four top reasons why people choose to become commercial or owner operator truck drivers, then this career could be for you.

In service industry, where organizations directly interact with customers, innovation becomes very important. If organizations provide same kind of service over a long period of time, then either customers will move on to a different service provider to get change or they will start availing services less.