Taylor Moving and Storage Wins Business Excellence Award

Rick Taylor April 9, 2018 Resources, Press Release, Events

Taylor Moving was selected for this award from approximately 90 approached firms in the City of Burlington.

According to the Chamber, award nominations are based on business excellence in leadership, community contributions, entrepeneurship, enviroment, employee welfare, innovation and market growth.

As one of the two finalists we were thrilled to be presented the award during the black tie Burlington Business Awards Gala presented by RBC on April 5th 2018.

We do thank the Chamber but most of all our team of employees for making this possible.

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Driverless trucks?

Rick Taylor March 23, 2018 Resources, Press Release, Events

Labour costs make up roughly 50% of a transportation companies total cost of operation. Coupled with a severly aging long haul driver pool ( the average age of a long haul driver will approach 50 by 2024) makes this an industry in dire need of change.

Sooner than we think,however, remote and driverless trucks are coming our way.

We were reminded of this recently when one of drivers met with Peter and Howard, owners of Sigma Intergrale while in California. (pictured in the photo, website www.sigmaintergrale.com)

The pictured truck is a fully functional remote controlled vehicle and has been tested on live roads throughout California.

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Electronic Log Devices So Far so Good

Rick Taylor March 1, 2018 Press Release, Overseas Moving, Local Moving

Our experience with ELDs so far has been positive.

The technology is fairly simple to use and our drivers seem to be adjusting well. We were fearful that it would be too strict as far as stop and start times but it actually has worked in reverse, our teams now tend to plot where they will stop in the day much more efficiently using the map features.

The technology has also prompted us to be more proactive in tracking our drivers. We connect twice a day with each out of area van foreman to make sure he is able to get the job done in the time allowed,without being over his mandated hours of service. This has seemed to enhance our customer experience as sometimes due to things our of our control (severe weather/traffic closures etc) we are able to relay to the clients delays well in advance.

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US Tax Reform and Employee Relocation

Rick Taylor February 23, 2018 Press Release, News, Oakville

With this new tax bill, relocation expenses will be deemed a taxable benefit to the employee even if the various costs are paid by the corporation.

Likewise, a person moving to a new job location who is paying for the move themselves will not be able to claim relocation expenses on their personal taxes.

These changes could have a large impact to the relocation industry as it will drive up costs as the corporation will probably "gross up" an employee's income to pay for the tax consequences of their relocation.

It will be interesting to see how this impacts the amount of employee relocations per year or if the corporation reduces other relocation benefits to reduce their costs.

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Greater Toronto Area Housing Slowing Down

Rick Taylor February 16, 2018 Press Release, Overseas Moving, Local Moving

The month of January 2018 saw 4019 residential homes sold a decrease of 22% from January 2017's 5155 homes.

Listings increased to 8558 indicating properties are not moving as quickly.

As far as prices go the condo market continues to lead the way. Detached home prices were actually down 4.1% to $736,783 while condos were up 5.2%.

It will be interesting to see how the market does for the rest of 2018.

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