AMC Names Executive Director
The Agricultural Manufacturers of Canada Board of Directors has selected a new executive director.
Read moreFarmers Indicate Greater Willingness to Invest in Equipment
The Ag Economy Barometer rebounded in October to a reading of 136a 22-point increase in the index compared to September and a level nearly equal to a year ago. Producers views with respect to making farm investments improved in October, but they remain cautious.
Read morePrepare for New Postage Rates in 2019
The USPS has proposed new postage rates beginning January 27, subject to approval by the Postal Regulatory Commission.
Read moreAssociation Thanks Pellegrom for His Service
Greg Pellegrom from Sentry Insurance will retire at year’s end. He has been with Sentry for 37 years and a standout adviser and resource to the Association and its member companies for 30 years.
Read moreOSHA Lists Top 10 Violations
The U.S. Occupational Safety and Health Administration has released the preliminary top 10 most frequently cited workplace safety violations for 2018. Topping the list: fall prevention.
Read moreDealers Release Quarterly Earnings
Rocky Mountain Dealerships Inc. and Cervus Equipment Corp. recently released earnings reports. Garrett Ganden, president and CEO for Rocky Mountain, said the company continues to execute its growth strategy.
Read moreBig Companies Respond in Big Way to Cyber Risks
The percentage of firms that purchase cyber insurance has increased 40 percentage points since 2011, including a 10-percentage-point uptick from 2017 alone. Smaller companies are joining the moving far more slowly.
Read moreManufacturers Report Financial Results
Sales numbers among farm equipment manufacturers appear strong in a series of third-quarter earnings reports. See highlights from AGCO, Kubota, CNH, Alamo Group, and Valmont.
Read moreRocky Mountain to Sell Used Equipment in U.S.
Rocky Mountain Equipment soon will sell used farm equipment from a U.S. dealership. Rocky’s CEO said the timing is right in the industry for such a move.
Read moreRural America Experiences Modest Population Growth
After six years of consecutive population loss, rural America is growing, according to the USDA. The most significant increases are in rural communities considered scenic or located near urban areas.
Read moreAssociation Elects New Directors, Officers
NIck Jensen from Thurston Manufacturing will lead the Association in 2019. See who will join him in shaping the direction of the organization that serves as voice and advocate for shortline manufacturers.
Read moreDOL: Small Businesses Can Form Groups to Offer Employees Retirement Plans
Only 14 percent of small employers currently offer a retirement plan, according to the Government Accountability Office. A proposal from the Labor Department may make it easier for small businesses by offering a strategy in which employers can band together to offer plans.
Read moreWorkers Ratify Contract, Pick-Ups Resume for UPS Bulk
United Parcel Service Inc.s freight workers ratified a final contract offer this week, averting a work stoppage that prompted the carrier to clear its network ahead of the vote.
Read moreCountdown Begins to Eliminate Tariffs in Asia-Pacific Pact
The agreement formerly known as the Trans-Pacific Partnership becomes effective December 30. Participants begin to lift tariffs on that date among the 11 trade partners.
Read moreAssociation Celebrates New Members, Anniversaries
The Association welcomes four new member applicants and thanks the companies celebrating anniversaries for their ongoing commitment.
Read moreFarmers Seek Storage for Soybeans Amid Market Glut
Farmers are scrambling for space to store their soybeans, a crop hard hit by the trade war with China. They are storing rather than selling in hopes that the dispute will be resolved and prices will improve.
Read moreAGCO Appoints COO
AGCO Corp. has created a COO position and appointed an executive who joined the company in 2013. He will oversee regional commercial operations, global product management, engineering, manufacturing and supply chain functions.
Read moreElection Roundup: How Last Weeks Decisions Affect Ag
The mid-term elections are in our rear view mirror, yet the effect the results will have on agriculture and small business is uncertain. See what it might mean for the farm bill, trade, and California, where successful ballot measures will put more pressure on producers.
Read moreNotice of Lobbying Activity
The Association is required by the IRS to remind members that as a result of ongoing lobbying activities on behalf of our members, a portion of members dues payments are not deductible as an ordinary and necessary business expense.
Read moreAgJunction Moves Headquarters
AgJunction is moving its headquarters from Hiawatha, Kan., to Scottsdale, Ariz. In April, AgJunction created two technology Centers of Excellence, one of which was in Scottsdale.
Read moreEMDA Elects New Leadership
Jennifer Edney, vice president of Edney Distributing Co., Inc., in Lakeville, Minnesota, has been elected to a one-year term as president of the Equipment Marketing & Distribution Association. See who else will lead EMDA in 2019.
Read moreTrucking Declares $74.5 Million Cost Bump Resulting from Traffic Delays
Traffic congestion added an estimated $74.5 billion in operational costs across the trucking industry in 2016, according to a report from the American Transportation Research Institute. The group is calling for infrastructure investment to solve the problem.
Read moreRural Mainstreet Shows Growth, Ag Less Prosperous
Rural Mainstreet Index climbed above growth neutral in October for a ninth straight month, according to the monthly survey of bank CEOs in rural areas of a region dependent on agriculture and/or energy.
Read moreNote to Readers: This is An Irregular Shortliner
This is not a typical newsletter. We did not print this issue, which means everyone is receiving an email, and no one will read a PDF. We’ve strayed from our usual distribution to bring you the latest while we prepare for convention next week.
Read moreCommodities Surplus Exceeds Storage, Chokes River Traffic
Low commodity prices for soybeans and an abundant harvest have created a shortage of space in grain elevators. The shortage is causing backups in some states and intensifying traffic on the Mississippi River.
Read moreFarmers Plead Guilty to Fraud in Multimillion Dollar Grain Marketing Scheme
Three Nebraskan farmers pleaded guilty recently to fraudulently marketing non-organic corn and soybeans as certified organic. Prosecutors are seeking a $10.8 million forfeiture in connection with the fraud.
Read moreLessiter Media Releases No-Till Farming History Book
Frank Lessiter takes a look at the no-till movement since its beginning and celebrates the “early adopters and underdogs who changed the world.”
Read moreSteel Tariffs Remain Challenge Among North American Trading Partners
Leaders in Canada and Mexico say it is perhaps too soon to celebrate the new U.S.-Mexico-Canada Agreement. They first want relief from U.S. tariffs on steel and aluminum.
Read moreKuhn Intends to Acquire Artec
The Kuhn Group has agreed to purchase all outstanding shares of Artec Pulverisation.
Read moreIn Memoriam: Jack V. Parker
The founder of Haven Steel died earlier this month. He is being remembered as a man who thrived amid adversity.
Read moreMahindra North America Appoints a CEO
Mahindra North America has appointed a new president and CEO. Earlier this year, Mahindra announced plans to double its business in the U.S. market.
Read moreKIOTI Expands in North America
KIOTI Tractor has broken ground on a $13 million expansion of its North American headquarters in Wendell, N.C.
Read moreU.S. Wants to Pull Out of World Mail Union
President Donald Trump has moved to pull the United States out of the Universal Postal Union, arguing that the multilateral system gives China a competitive edge and fuels the shipment of counterfeit goods.
Read moreDealer News: Mergers/Acquisitions in Eastern U.S.
Changes are afoot among Deere dealerships in North Carolina, Virginia, New York, and Pennsylvania. Check out the latest in mergers and acquisitions.
Read moreCompanies Could Face Federal Fines in Cyber Attacks
The U.S. Securities and Exchange Commission has issued a warning to publicly held companies that they may be in violation of federal law if lax internal controls are believed to lead to cyber-related fraud.
Read moreIRS Delays Changes to W-4
In response to feedback from payroll and tax professionals, the IRS has delayed using the new Form W-4 until 2020. In the interim, the IRS encourages taxpayers to review their withholding situations.
Read moreAs Dealers Consolidate, Manufacturers Must Know Laws
As the Association works to improve relationships between shortline manufacturers and independent distribution networks, its helpful to understand the state laws that govern those relationships and how those laws may apply to contracts between dealers, their shortline manufacturers, and their major tractor suppliers.
Attorney Trent Johnson offers tips for protecting yourself during this era of dealer consolidations.
Read moreEarly Aid to Farmers Tops $130 Million
As of last week, the federal government had distributed $53 million in direct payments to farmers of tariff-hit products, with an estimated $78 million on the way.
Read moreAg, Manufacturing Welcomes New NAFTA
See how the United States-Mexico-Canada agreement will affect agriculture, manufacturing and steel.
Read moreLabor Shortage Bumps Up Pay
The National Federation of Independent Businesses says that a record number of small businesses37 percentreported raising overall compensation in September to compete in a tight labor market.
Read moreAmericas Trade Deficit Grows
The Commerce Department said Friday that the trade gap rose to $53.2 billion in August from $50 billion in July. The August reading was the highest since February.
Read moreEmployer Health Care Costs Will See More Modest Increase
A consulting firm projects the health benefit cost per employee will increase 4.1 percent in 2019. A more stable health care market and technology are contributing to this more modest increase.
Read moreNew Tax Law Tweaks What Qualifies for Business Deductions
The IRS has issued guidance on the business expense deduction for meals and entertainment in response to changes introduced in the Tax Cuts and Jobs Act. The new law eliminated the deduction for expenses related to activities considered entertainment, amusement or recreation.
Read moreSentry Invites Members to Safety Training
Association partner Sentry Insurance invites members to a safety training opportunity. Participants will develop action plans for safety management principles and topics such as regulatory compliance, leadership commitment, hazard recognition, and more. The deadline to register is Friday.
Read moreLets Start the Conversation
If you have a Facebook account, join our conversation about best (and worst) channels for online marketing.
Read moreOlson Wins ASABE Award
Brian Olson, president of Power Pin, Inc., is the recipient of the 2018 Evelyn E. Rosentreter Standards award, which recognizes outstanding contributions to ASABE standards and the safety of the agriculture industry.
Read moreAssociation Offers Online Resources, Including Job Postings
We are pleased to offer, free of charge, a forum where candidates can connect with prospective employers in the shortline industry.
Read moreWelcome and Thanks: Celebrating Membership
Nearly a dozen companies have joined the Association since the Sept. 11 issue of Shortliner. We welcome them to the Association, and we thank the 15 companies celebrating milestone anniversaries for their ongoing commitment to the industry and the Association.
Read moreSee You Soon! Tips for Making the Most of Minneapolis
If you are joining us for the 2018 Marketing & Distribution Convention at the Hilton Minneapolis, here are a few notes to help you prepare. (If you have not yet registered, theres time! Go to Meeting.FarmEquip.org.)
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