In This Issue:
Innovation in a Challenging
Economy
Shipping Shortage Threatens Holidays
FRA Addresses
Safety Concerns
Security Concerns
for Rail Cargo
Profiting from Increased Costs
Canadian
Railroads Sign Agreements
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Info@RailForce.com
RailForce, Inc.
PO Box 205
Granbury, TX 76048
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Businesses operating in today's
climate face a number of challenges. Since the terrorist attacks of
September 11th increased security, and the associated increase in
operational costs, have become standard. The costs of raw materials and
energy steeply increased during the past year, placing a strain on
manufacturers that have been unable to pass on costs to customers. In this climate, companies that
have taken an innovative approach to a shortage of resources are
positioning themselves to succeed. This seems clear in browsing through
the news this month.
Perhaps one of the greatest
shortages is labor in the trucking and railroad industries. Companies that
have been been slow to keep up with the unprecedented shipping demand
point to a lack of qualified employees as the root of the problem. With
the labor pool just not available, companies are taking other approaches
to give them a competitive edge.
Clearly, the major Canadian
railroads are working together to solve backlog problems and improve
traffic flow for both railroads, and some US routes. In other sectors, manufacturers
that have positioned themselves to take advantage of an increasing demand
for US products abroad are able to raise prices in face of rising costs,
and may be improving profits as commodities prices ease. Business sectors that once looked
to the government for answers are adjusting to the idea that government
agencies are also short on resources. Homeland Security Secretary Tom Ridge has
stated that the federal government cannot afford to pay for the increased
security needed to protect U.S. ports from terrorists.
In response to a limited pool of
inspectors (about 415 nationwide) the Federal Railroad Administration is
turning to compliance agreements, rather than relying on compliance
orders. A process that has been successful in the past, according to
Robert Johnson, Transportation Department
spokesman. He adds that safety improvements may take longer if regulators
issue a so-called compliance order (Star Telegram Nov, 2004).
Good
planning, and innovative strategies may be the key to maintaining the
competitive edge in this economy. |
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The Tech Corner
Internet Tips
"Phishing" refers to a person or a
group of cyber-criminals who create an imitation or copy of an existing
legitimate Web page to trick users into providing sensitive personal
information. Responding to "phishing" emails puts your accounts at risk.
"Phishing" cyber-criminals solicit personal data from unsuspecting victims
via the Internet - like personal IDs, passwords, card numbers and PINs -
and sell this information to other criminals who use it for financial
gain.
To increase the number of responses, cyber-criminals include upsetting or
exciting statements in their emails. They want people to react immediately
and respond with the desired information without thinking.
To protect yourself, take the time to
examine the claims made in the email. If you receive an email requesting
sensitive information, check its authenticity by contacting the company
that appears to be the originator of the email.
Check the link of any page you are submitting your login information, make
sure it is the link to your institution.
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Freight
Transportation Shortage Threatens Holiday Sales |