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Re: 6pack2go post# 14563

Saturday, 03/19/2016 8:37:04 AM

Saturday, March 19, 2016 8:37:04 AM

Post# of 21105
I'm sure the driving records will influence the cost but at $1.6 million for annual insurance cost, I don't see that Pro Star is paying too much.

When I look at a competitor, Patriot Transportation (PATI) I see they paid over $3 million for their 4th quarter 2015 insurance cost. They had roughly the same revenues that Pro Star had for that quarter compared to our annual. I believe Patriot hauls flammable liquids so their insurance would be more expensive than ours.

Someone posted that Roger said the 2015 mileage on the fmsca website was for one month (maybe December?). That makes sense but should be corrected.

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