Q4-2011 – President’s Message
2011 is now in our mirrors and as we roll forward into 2012, I reflect on the year and the opportunities afforded us. We rolled out a new operations system that was a challenge but not without its rewards and benefits for us all. In the end, it was a great decision by our management team as we are more streamlined and can more effectively manage our business. Thank you all for your patience during this process.
2011 was one of our best years in safety. We recorded our lowest numbers ever in Loss Time Claims (LTC) and Total Reported Injuries (TRI). Also our Gross Claims to Revenue was also under 1% which is “best in class”. Congratulations to you all on doing it right… doing it safely!
2011 was also one of our best years for profitability. This can easily be contributed to our aforementioned improved safety results… It isn’t a coincidence! Looking back I see it also correlated in a lot of you having a great year financially as well. Congratulations again. Lets aim to improve on our 2011 Key Performance Indicators (KPI’s), such as our LTC’s and TRI’s and I’m certain we will all have another good year. Remember, safety counts!
I would like to make note that we have ordered 50 new dry vans for delivery in April. These trailers are well equipped including disc brakes! It is now Payne Transportation Policy to order all new equipment with Disc Brakes. Please keep this in mind when ordering your next truck. Results are conclusive… Disc brakes stop faster and in less distance… Notably less distance! There is also a considerable savings in maintenance, so please give this technology your consideration. Ask yourself, would you order your next car or pick-up without disc brakes? I wouldn’t!
We are introducing “Ask the President” on February 1st. There will be a picture icon on the bottom of the home page of our web site, www.paynetransportation.com where you can ask me questions related to our business. I will reply directly to your inquiries via email or satellite message. This will be an excellent forum for those of you who have questions but are unable to catch me during working hours due to the nature of our business.
Regards,
Tom Payne
President
