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What You Missed in the Biz Brief This Week: August 21, 2013

Posted in: Industry Trends & News

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In today’s information-overloaded business world, we often find ourselves deluged with literally hundreds of news items from dozens of sources. While it is likely impossible to read every article and remain productive, by not doing so we risk missing the one article that could change a key business practice or thought process. And that is where the NATSO Foundation’s newest publication, Biz Brief, provides assistance! The NATSO Foundation's Biz Brief is a daily collection of the most relevant business intelligence for truckstop and travel plaza operators. 

While we think the Biz Brief is a must-read every day, if you only read ten news articles this week, these ten most-clicked Biz Brief articles are the ten to read. 

    1. Shale Oil Discovery Will Dwarf Bakken and Eagle Ford
      The Spraberry Wolfcamp shale discovery could become the largest in the history of oil and gas exploration. The Midland, Texas formation has a potential of 50 billion boe (barrel of oil equivalent) compared to Eagle Ford with 27 billion boe and Bakken with 13 billion boe. Click here to read more >

    2. How to Protect Yourself Against Thousands of Dollars in Check Fraud
      In August, the FBI arrested a man for stealing at least $100,000 from truckstops with fraudulent EFS TransChecks. The suspect used a scam that has been around for years. The good news? You can stop it from happening to you. Click here to read more >

    3. Limit On Consumer Cost Delayed in Health Care Law
      The provision of the Affordable Care Act that caps out-of-pocket insurance costs, including deductibles and co-payments, will be delayed for one year, the White House Administration has announced. The one-year grace period allows insurers to set higher limits, or no limit at all on some costs, in 2014. Click here to read more >
    4. Top Ten Deadly Highways
      U.S. highways have three times the fatality rate based on population than does the United Kingdom. America's most dangerous highway is a stretch of I-10 in Arizona that experiences 85 deaths in a single year. A short stretch of I-26 in South Carolina saw 325 deaths between 2000 and 2010. Click here to read more >

    5. Truckstop Sales of Alternative Snacks Grow
      Total travel plaza and truckstop convenience purchases from McLane increased for the first half of 2013 compared with a year earlier, driven in part by a 13 percent increase in sales of healthy, alternative snacks such as nuts and seeds. Click here to read more >

    6. Love's Seeks Angola, Ind., Location
      Jenny Love Meyer of Love's Travel Stops has confirmed that the company is developing a 90-acre site in Angola, Ind. The facility will be at the intersection of U.S. 20 and Interstate 69. Click here to read more >

    7. Will Saudis Manipulate Egypt Crisis?
      Although the Kingdom of Saudi Arabia has provided financial assistance to Egypt for the purchase of wheat imports, it's possible they could take advantage of world concerns over the Egyptian crisis. Saudi Arabia has always utilized its range of discretionary oil production to move world prices, and as demand has been weak in the recent past this may be the crisis that will allow the Saudis to hold output steady and let pricing rise as crisis speculation grows. Click here to read more >

    8. Driver Appreciation To Feature Health Fairs At TA/Petro
      The Truckload Carriers Association (TCA) is planning to sponsor 18 free health fairs at TA/Petro locations across the country on Sept. 17 and 18. The events will include wellness-related activities, health screening tests and educational opportunities. Fourteen state trucking associations also will participate. Click here to read more >

    9. Could Retailers Get Repaid for Debit Fee Overcharges?
      The judge who rejected the Federal Reserve’s regulations governing debit fees under the Dodd-Frank Wall Street Reform and Consumer Protection Act gave the Fed one more week to come up with a position on interim fee reductions and a timeline for permanently installing new lower fees. He also suggested that retailers should be repaid by financial services companies for millions of dollars in overcharges. Click here to read more >

    10. Petro Founder Makes Hospital Donation
      Jack Cardwell, the founder of Petro Stopping Centers, has committed to a large donation for the Medical Center of the Americas. His contribution will aid in the construction of a $28 million biomedical research and technology center, to be named Cardwell Collaborative. Click here to read more >

I might be biased, but I think if you aren't receiving Biz Brief, you are missing out! Not a subscriber? Be sure to submit a request to be added to the email list. Already receive it and have feedback for me? Be sure to email me at editor@natso.com.

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About the Author

Roger Cole

Roger Cole

Roger Cole serves as edior of the NATSO Foundation's Biz Brief. The Biz Brief is a daily e-newsletter created to provide readers with business intelligence tailored specifically for truckstop and travel plaza owners and operators. Cole shifts through hundreds of news sources daily, selects the most relevant and timely news and then editorially distills it into a must-read briefing.