Episode 41 Show Notes
BELIEVE IT OR NOT
MAN RISES FROM THE DEAD
A Texas man rises from the dead so we have been told. Charlie Three Finger Jackson was drinking very heavily one weekend where he had passed out and his friends thought he had died. He had no pulse or any breathing. The EMS was called and they showed up to no avail; they couldn’t get any vitals, he was rushed to the local hospital where he was pronounced dead. He was sent to the morgue to be processed and while he was there he awoke and started screaming. He brought attention to himself from the mortician, who was dumbfounded he was alive. Charlie had drunk so much alcohol he had put his body into a comatose state which had slowed his heart and breathing down to nothing. In fact this has a technical term called PAC, which stands for Petrol Assist Coma.
The Texas man is presumed to make a full recovery.
DOG TRAVELS 2900 MILES TO GET HOME
Drax a 3 year old Golden Retriever, had been on vacation with his family in Boca Raton Florida, when became separated from his family. His family searched for 5 days with no luck in finding Drax. They talked to authorities and locals, leaving their information to be contacted if he was found. The family returned home to Eugene Oregon, 2900 miles away. They never forgot about their beloved dog Drax. One day they got a call from an animal shelter in Boise, Idaho asking if they had a missing dog? Drax was microchipped and picked up by a local in Boise who took him to the shelter where he was scanned with his info and who to contact.
It’s amazing an animal could find their way home that far away, and make it that far before anyone picked them up to see who they belonged to. It had taken almost 16 months for the animal to make the trip home. Everyone is safe and sound and back home. Truly an amazing story.
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Show Notes #41
Alkon Corporation | Keeping the world moving and working.
We Talk about Air System on Trailers dollies and Air Ride Suspension
Warren Buffett’s Berkshire Hathaway quietly made a $8.2 billion acquisition that taps into the electric-vehicle boom YAHOO NEWS, Theron Mohamed March 1, 2023·2 min read
Warren Buffett.Kevork Djansezian / Getty Images
- Warren Buffett’s Berkshire Hathaway paid $8.2 billion to acquire Pilot Travel Centers in January.
- The investor’s company raised its stake in the truck-stop chain from 38.6% to 80%.
- Pilot has partnered with GM and Volvo to develop charging networks for electric vehicles.
Warren Buffett’s Berkshire Hathaway quietly made a multibillion-dollar acquisition in January, the company’s annual report shows. The deal promises to boost its exposure to the booming electric-vehicle industry.
The famed investor’s conglomerate purchased 41.4% of Pilot Travel Centers for about $8.2 billion on January 31. The transaction lifted Berkshire’s ownership of the business to 80%, as it originally bought a 38.6% stake in 2017.
Pilot is the largest operator of travel centers in North America, with more than 650 locations. Under the Pilot Flying J, Pilot Travel Centers, and Mr. Fuel brands, it offers gas, restrooms, parking, fast-food restaurants, and amenities such as laundry and showers to truck drivers and other motorists.
The truck-stop group grew its revenues from $20 billion in 2017 to $45 billion in 2021, and now generates more than $1 billion in yearly pre-tax earnings.
Moreover, Pilot partnered with General Motors last year to establish a national network of 2,000 EV charging stations by 2026. It also intends to work with Volvo to develop a similar network for battery-powered trucks. Berkshire’s controlling stake in the company should mean it benefits from those infrastructure buildouts.
Berkshire already owns a significant stake in BYD, a Chinese EV company and key rival to Elon Musk’s Tesla. However, it has been cashing out profits from the lucrative wager in recent months.
Buffett built Berkshire into one of the world’s biggest companies by investing in public companies such as Apple and Coca-Cola, and acquiring scores of businesses including Geico and Duracell.
However, Buffett and his team have struggled to find bargains in recent years, as stocks have soared and both private equity firms and special-purpose acquisition companies (SPACs) have bid up the price of acquisitions.
Their luck seemed to change last year. Berkshire, a net seller of stocks in both 2020 and 2021, bought a net $34 billion of stocks in 2022. It also acquired insurer Alleghany for about $12 billion, and repurchased $8 billion worth of Berkshire shares.
“Berkshire put over $53 billion to work in 2022, more than during the prior two years combined,” James Shanahan, a senior equity research analyst at Edward Jones, told Insider in an email.
“Q1 2023 is off to a strong start,” he added, pointing to Berkshire acquiring Pilot and spending about $700 million on buybacks in the first six weeks of this year.
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Peterbilt builds 100,000th Model 389 as production end nears
by. Today’s Trucking news
September 8, 2023
Peterbilt has manufactured the 100,000th Model 389 truck at its plant in Denton, Texas, reaching the milestone on Sept. 7.
The Model 389 was introduced in 2006 and ends its production run at the end of this year, when it will be replaced by the Model 589.
Massey Motor Freight, based in Nacogdoches, Texas, was handed the keys to the truck, outfitted with a limited-release Model 389X special edition package. Just 1,389 of those trucks will be made.
“Troy Massey is a longtime Peterbilt customer who recognizes the craftmanship, performance and durability of the Model 389 and is the perfect customer to receive this milestone truck,” Peterbilt general manager and Paccar vice-president Jason Skoog said in a press release.
The fleet operates 325 units.
“It is a great honor to receive the 100,000th Model 389 and celebrate this milestone with Peterbilt,” said Troy Massey. “Massey Motor Freight’s long-standing relationship with Peterbilt is based on the common values our companies represent and our commitment to exceed customer expectations.”
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RENO Truck Show
Events – 2023 ATHS National Convention & Truck Show – Trucking …
WebJun 8, 2023 · The 2023 ATHS National Convention & Truck Show will take place in Reno, Nevada, June 8-10 and is open to the public. Daily gate admittance is $15 per adult and …
