Scrapblog

Some of the Science (and common sense) Behind Vehicle Routing Solutions

Published by: ScrapWare    On: January 25th, 2017    In: Blog, Truck Dispatch and Containers

From an article in http://theconversation.com/us.

This is an interesting article that provides some of the basic science and common sense behind vehicle routing solutions.

Our ScrapQuest™ tool uses similar mathematics and game theory in order to create more efficient routes for our ScrapWare customers.

You can read the full article here:

http://theconversation.com/why-ups-drivers-dont-turn-left-and-you-probably-shouldnt-either-71432

 

    

Self-Driving Roll-Off Trucks – The Way of the Future?

Published by: ScrapWare    On: November 21st, 2016    In: Blog, Truck Dispatch and Containers

From a Bloomberg.com article.

Could this be the way of the future for domestic scrap metal shipments that are made by truck?

It’s anyone’s guess as to whether or not the cost savings will be lower.

While it’s one thing to autonomously transport cases of beer in a semi-truck, it’s another to operate a self-driving roll-off truck.

It does make you wonder if automated roll-off trucks will be on the road in the not-to-distant-future.  Once their initial costs have been overcome, that could be a huge savings for recycling businesses that operate their own truck fleets.

In the meantime, recycling businesses should be making every effort to to run their truck fleets as efficiently as possible.

You can read the full article here:

https://www.bloomberg.com/news/articles/2016-10-25/uber-self-driving-truck-packed-with-budweiser-makes-first-delivery-in-colorado

 

    

‘Nuclear’ Verdicts Have Insurers Running From Trucks – From Wall Street Journal

Published by: ScrapWare    On: November 20th, 2016    In: Blog, Truck Dispatch and Containers

This is a great article to read for anyone that operates their own truck fleets.

Especially true for those in the recycling business that operate several different types of rolling stock – including rolloff trucks, luggers, semis, etc.

To summarize the article from The Wall Street Journal:

Unwilling to bear the risk of large settlements and verdicts, Zurich Insurance Group AG and American International Group Inc. dropped coverage of most for-hire fleets earlier this year. Both insurers still cover trucks operated directly by retailers and manufacturers, brokers say. They had been two of the biggest underwriters for the business. Other insurers hiked premiums anywhere from 10% to 30%.

AIG stopped covering trucking fleets via its Lexington Insurance Co. unit as part of a wider effort to improve profits in its commercial insurance division, the company said in a statement. Other AIG units continue to cover truckers, the statement said.

Federal law requires trucking companies to cover drivers up to $750,000 per accident. Many self-insure up to around $1 million, then buy tiers of outside insurance to cover additional costs.

Surging_Premiums

 

The cost of that extra coverage is putting fresh pressure on the trucking industry, which already is mired in its worst slump since the recession. The average U.S. trucking company spent about 9.2 cents per mile on premiums in 2015, a figure that is up 44% in two years and doesn’t include this year’s hikes, according to the American Transportation Research Institute, an industry group. The figure is dwarfed by the 40 cents per mile spent on fuel and 50 cents per mile paid out to drivers. But diesel prices have fallen and salaries have edged up slightly, making the jump in premiums stand out.

Large accident settlements and verdicts became more common starting around 2011, although settlement amounts tend to be private and aren’t easily tracked. Aon counts at least six cases topping $20 million this year, the most since 2012. Part of the reason is a tactical shift among plaintiffs’ attorneys.

 

 

If you are a subscriber to The Wall Street Journal, you can read the full article here:

http://www.wsj.com/articles/nuclear-verdicts-have-insurers-running-from-trucks-1476437401

 

 

 

 

 

 

 

 

 

    

ISRI 2014 vs. You

Published by: ScrapWare    On: March 20th, 2014    In: Uncategorized

This year, ScrapWare Corporation needed to make a tough business decision: attend ISRI 2014 or dedicate our time and resources to putting the finishing touches on a game-changing new technology for the recycling industry.  We chose the industry.

Over the last several years, we’ve heard countless troubling stories about the theft issues the recycling industry is facing on a daily basis — both internally within companies and externally with the public.  We decided to do something about it.

In Spring 2014, ScrapWare Corporation will be introducing new technology that will provide the recycling industry with an affordable solution that will make common theft issues a thing of the past.  This is all we can say about it for now but stay tuned because more is to come… very soon.

In the meantime, we will miss you at ISRI 2014 but we think you’ll thank us for putting the industry’s ultimate needs first.

    

The “Peak Car” Era and Scrap Metal Implications…

Published by: ScrapWare    On: February 28th, 2014    In: Blog, Ferrous Scrap Metal

Lately, this subject has gotten a lot of media attention.

One of the best articles was recently published by Bloomberg.com.

Some of points covered in the article include car-induced pollution, traffic gridlock, driverless cars, mass-transit, car-sharing fleets, and a lack of desire by young people to get a driver’s license.  Another point of the article is that newer cars stay on the road longer.

The image below was excerpted from the Bloomberg.com story.  It projects reduced auto production basis the above points.

2-28-2014 10-00-31 AM

All of the above translates into fewer cars being manufactured.  This also implies fewer cars being scrapped.

There are hundreds of automobile shredders in the U.S.  Many are using our ScrapWare software in order to make them more efficient, anti-theft compliant and gain inventory awareness.

Shredded scrap is used as feedstock for electric arc furnaces by steel mills.  The steel mills produce the steel used to make new cars.  Cars also have a great deal of aluminum and copper.  That supply chain is not too different than that  of steel.  This is a great oversimplification, but you get the picture.

There is a global overcapacity of steel mills.  Decrease the annual production of cars by 25-30 million and the problem gets worse.  It will also trickle down to the entire steel supply chain, as well as the non-ferrous supply chain.

If we have truly arrived at “Peak Car”, the scrap metal recycling industry should begin discussing how to adjust accordingly.

 

 

    

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