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The DAB Digest is IAM’s monthly newsletter with an exclusive focus on news for U.S. asset-based movers, including independents and van line agents.
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This month’s topics include:
- Updated COVID-19 vaccination requirement for federal contractors
- Recent OPEC cuts
- Upcoming changes to the DP3 international fuel surcharge (IT-23)
- Part II of our feature on diversifying your moving business
- Recent trends in Employment Practices Liability Insurance (EPLI).
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By Chris Lantz
Welcome to May! I hope your company’s peak season is off to a great start. The past few years have been different, and I’m looking forward to some great things this summer.
As you may know, DAB Chair and Vice Chair elections are coming up soon, and Lake and I will not be opting for a second term. Have you thought about serving the industry by taking a leadership role in IAM’s Domestic Asset Based Mover Group?
Here are some reasons to consider becoming DAB Chair or Vice Chair:
- It’s a great way to get to know more of your fellow movers and the DAB Allies.
- It strengthens your network and will help build your business.
- You’ll be part of the team that charts the future of the industry.
- You’ll represent the DAB Members on IAM’s Executive Committee and be the voice for domestic movers.
- Leading sessions and determining content for the DAB at IAM’s Annual Meeting.
- Providing valuable education and information for fellow members in the DAB Digest and for DAB Hour Webcasts.
As you know, I’m passionate about the industry and making it better for all of us and our customers. If you share my passion, and I know a lot of you do, take a leadership role in your association!
You’ll be so glad you did. It has been a rewarding experience for me, and I know it will be for you, too.
Look for more information and further guidance soon once the DMB opens the nomination process. In the meantime, please reach out to me or Daniel Bradley with any questions.
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COVID-19 Vaccine Requirement Update for Federal Contractors
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On May 1, the Biden Administration announced its plans to end certain Federal COVID-19 vaccination requirements, including those for Federal employees and Federal contractors, at the end of the day on May 11. In the coming days, President Biden will be issuing an Executive Order rescinding the vaccination requirement for Federal employees and COVID-19 safety protocols for Federal contractors, effective at 12:01 am on May 12.
Read More
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Early Bird Rates Set to Fly Away
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OPEC+ cuts, China demand will steer oil towards $90 by year-end: Reuters poll
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By Lakelan Fennell
The worries over a recession are keeping the price of crude lower than expected, even given the OPEC cuts. However, if a recession does not materialize and Chinese demand rises as expected, that coupled with the OPEC cuts could put crude as high as $95/barrel, which is a 27 percent increase. How that would correspond to the pump price of fuel is anyone’s guess, but it certainly will not be lower than the current price. It would likely surpass $4 per gallon.
Articles to Consider:
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Big Changes Coming to the DP3 International Fuel Surcharge for the 2023 Cycle
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By Paula Alder
There’s a significant change in the Department of Defense’s Personal Property Program (DP3) in terms of how fuel surcharge is calculated in the International Tender for 2023 (IT-23). The IT-23 has several changes to Item 513 for the applicable fuel surcharge (FSC) for the transportation that occurs in CONUS, Hawaii, and Alaska on international shipments. Effective May 15, 2023, the amount TSPs can bill for fuel surcharge will be significantly less, the item code used to bill the charge has changed, and the fuel surcharge mileage may not match the mileage for the related transportation charge due to changes in the locations used to calculate fuel.
Read More
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Tips for Diversifying Your Moving Business, Part Two
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By Emily Kozubwski
At the 2022 IAM Annual Meeting, the DAB hosted a panel on diversification that included Jimbo Loftin, SVP of Operations for Coleman Worldwide Moving; Jon Minor, President & CEO of Apple Moving, LLC; and Mark Chesser, President of Conser Moving. The panel included a spirited conversation which provided a lot of great tips for diversifying your business model. They generously summarized their responses to the top questions about the ins and outs of diversifying a household goods moving company into new lines of business. In part two of a three-part series, they answer questions about warehouse equipment and training.
Read More
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Employment Practices Liability Insurance (EPLI) Trends
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By Casey Myers
Employment practices liability insurance (EPLI) covers claims for sexual harassment, discrimination, wrongful termination and more. The average cost of employment-related claims is rising, along with the length of time it takes to resolve them. In 2020, retaliation and sexual harassment claims, gig worker classification, the gender pay gap and medical marijuana usage were among the top trending employment practices litigation cases.
Here are some of the latest EPLI claims trends and steps your organization can take to reduce them.
Read More
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In every issue of the Portal, we invite our authors to share their experiences, success stories, learning experiences, and vision with others in the moving and forwarding industry. In addition to our regular columns, feature articles for each issue are united by a central theme.
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Webcasts and Upcoming Events
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Paula Alder is the Vice President at Daycos and has been in the moving industry for 19 years. She is knowledgeable about the DOD HHG and GSA tariffs, the military and agency invoicing processes, and industry trends that affect the invoicing and payment process for TSPs, agents, and the JPPSO partners involved in the invoicing process.
In her free time, Paula enjoys spending time with her friends and family, taking road trips, and having new adventures or experiences.
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Emily Kozubowski, Training & Implementation Manager, has been with Apple Moving LLC for four years and a member of the relocation industry for 27 years. Emily spent almost a decade of her career as the owner of company managing an international TSP. Emily has constant interactions in all aspects of the daily operations of the organization to ensure that Apple Moving LLC employees and systems are functioning in the most efficient manner while utilizing current technology and providing the highest level of customer service. She also assists with Project Management and Acquisitions. Apple Moving LLC has 10 moving and storage locations across Texas, Virginia, Florida, North Carolina, Missouri, and Colorado that service COD, DOD, GSA, National Account, O/I relocations.
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Casey Myers, Senior Vice President, Champion Risk & Insurance Services, is an insurance industry veteran with more than 18 years of experience. She specializes in providing insurance coverage and advice for moving and storage clients. She is well-versed in industry trends, challenges and changes facing the household goods industry and serves as the associate board member for the California Moving & Storage Association (CMSA). When she isn’t working, Casey enjoys cycling, running and spending time with her husband Diego and their dog Chance.
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