Summer 2020 Newsletter

Page 2

A MESSAGE FROM THE CEO Greetings all JCT associates and stakeholders, To say this has been an extraordinary year would be an understatement, and it’s just early August! From a company standpoint, we’re holding up as well as can be expected and better than most. COVID cases and the ensuing policies have impacted everyone in the country in varying degrees and we are not exempt. Several non-driving employees and some drivers have tested positive, but most with little to no symptoms. The few that have gotten sick have recovered with no lasting complications. As for business, being firmly situated in the food space for over three decades has boded well for our model and we’ve experienced little to no downturn in load volumes or miles, in fact we’re trending up in several areas. While our drivers like the benefit of fixed mileage pay on ALL miles, the rapidly changing market conditions in Q2 and Q3 compelled us to implement a $0.05/mile market premium surcharge on August 1st. Looking back to March when we revised our Fuel Surcharge program, many of you offset that bottom line impact by improving driving MPG, reducing idle time and eliminating out of route miles. The price per gallon is down almost $0.50/mile from a year ago, so the actual effect on take home pay is now very minimal.


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