Heavy Duty Trucking

AUG 2014

The Fleet Business Authority

Issue link: https://heavydutytrucking.epubxp.com/i/364502

Contents of this Issue

Navigation

Page 21 of 109

ttttt AUGUST 2014 Trucking's Most Respected Business Report Shell focuses on global energy future – Bill Chamblee Trucking attorney, Chamblee, Ryan, Kershaw & Anderson, Dallas Trucking's Most Respected Business Report hotline "E nergy powers human progress in the world," says Selda Gunsel, Shell's vice president of downstream global commercial technology. "We believe technology and innovation play a critical role in meeting energy require- ments today and in the future." Gunsel's comments illustrate the theme of a global media event Shell hosted in late June in Shanghai, China, to show off its newest global center dedicated to research and development for lubricants and oils. (The other two are in Houston and Germany.) China is the fastest-growing and second-largest lubricants market in the world. Research shows it will overtake the U.S. as the world's No. 1 market in the near future. And the world market overall is growing fast. The world population today is 7 billion and it's expected to rise to 9 billion by the middle of this century. Those people need energy. "We see many people rising out of what we call energy poverty, demand- ing more energy for vehicles, consumer electronics, etc.," said Richard Tucker, GM, Commercial and Industry Fuels and Lubricants Technology at Shell. "One of the drivers of that is demand for personal mobility." By 2050, he said, the number of vehicles globally will rise from 800 mil- lion today to 2 billion. The number of commercial vehicles will double. "The effect of all this is we could see energy demand double from its level in 2000. But we know there are concerns about greenhouse gases. The net effect is we need to be twice as efficient – use half as much energy to produce each dollar of wealth." View photos of the Shell technology center, as well as a typical Chinese truckstop, at www.truckinginfo.com/ShellChina2014. Keep up with the latest news each day at www.truckinginfo.com Read the full interview, including the impact of trucking technology and steps to take after an accident, at www.truckinginfo.com/Chamblee U.S. economy in Q2 surprised many economists with 4% GDP growth, following a negative Q1 number. Consumer confidence increased for third month in a row and is now at highest level since October 2007. New orders for manufactured durable goods increased 0.7% in June following 1% drop in May, fourth increase out of last five months. Sales of new single-family houses in June were at seasonally adjusted annual rate of 406,000, 8.1% below revised May rate of 442,000 and 11.5% below last year. However, existing-home sales rose 2.6%. Truckload linehaul rates paid by North American shippers in June were 5.2% higher than a year ago. New home sales U.S. Commerce Department Durable goods orders U.S. Commerce Department Consumer Confidence Index The Conference Board ttttt 5.2 % Q: What common things do you see in trucking lawsuits? A: I've found the vast, vast majority of all cases against a transportation company for a personal injury really do not involve the negligence of the company or the driver, and if correctly handled, the driver and company should be successful in 90% of them. They are brought simply because there is an injured person on the other side and be- cause a trucking company is an attractive target in litigation. Q: What advice do you have for trucking companies? A: The first thing you do to avoid a lawsuit: You must have a good safety program. The safer your program, the more conscientious your drivers and safety directors and risk managers, the less incidences and accidents you have, the less litigation, plain and simple. It sounds rhetorical but it's abundantly true. GDP growth U.S. Commerce Dept. Economic Indicators hotline – Bill Chamblee A Q & Green: Positive Yellow: Concern Re d: Negative Linehaul rates Cass Truckload Linehaul Index ttttt 4 % ttttt 90.9 % ttttt 0.7 % ttttt –8.1 % 20 HDT • AUGUST 2014 www.truckinginfo.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Heavy Duty Trucking - AUG 2014