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NAEDA

Newsletter Government News, Legislative & Regulatory News
Bloomberg reports that “Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting offshore may take eight weeks to clear. The five-year contract reached Friday after U.S. Labor Secretary Tom Perez imposed a deadline for a deal, averted a shutdown of 29 ports that would have cost the U.S. economy $2 billion a day. The strife had reduced productivity at West Coast ports by as much as half since November, with California citrus fruit bound for Asia spoiling on the docks, while carmakers flew in components at more than 10 times the cost of sending them by sea. The West Coast ports, responsible for 43.5 percent of U.S. trade, have been operating at reduced capacity since late October as dockworkers slowed cargo and employers cut shifts.” Read More...
Newsletter Government News, Legislative & Regulatory News

The Hill reports that, “Three groups on Thursday released reports bolstering their case that new global deals include higher standards than previous pacts like the oft-cited 1994 North America Free Trade Agreement, which has been blamed for U.S. job and wage losses. In the Chamber’s data, the U.S. has a trade surplus with its 20 free-trade agreement partners, including large surpluses in manufactured goods, services and agricultural products. ‘The benefits of these agreements for American workers, farmers, and companies are hidden in plain sight,’ said Myron Brilliant, executive vice president and head of international affairs at the U.S. Chamber.” Read More...

Industry & Manufacturing News

TORRANCE, Calif. - February 5, 2015 - As Kubota Tractor Corporation continues to enter new markets and experience steady growth in the United States, it is expanding the roles of several of its senior leaders. The changes are effective immediately and reflect the company’s vision of strategic, customer-focused product and market expansion. Read More...

NAEDA & Association News, Newsletter NAEDA News
  NAEDA and Federated will again host a 2 ½ day Designated Risk Management Seminar on July 13-15 at Federated HQs in Owatonna, MN.  Companies most successful at controlling losses have designated a key person as their risk manager. This person is supported by top management and is both responsible and accountable for identifying loss exposures and implementing risk management solutions.  This popular seminar is developed to target specific risk management concerns for the equipment industry. It is a valuable training tool for all risk managers, regardless of their experience in the position.  See attached Flyer.
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NAEDA & Association News

Federated Insurance is excited to announce a partnership with leading transportation, safety, and compliance professionals J.J. Keller & Associates Inc.® to offer Federated clients another source of employee risk management training for any type or size of business. Read More...

Legislative & Regulatory News, Dealer News

The Tax Increase Prevention Act of 2014 (TIPA), signed by the President on December 19, 2014, retroactively extends through 2014 certain business tax benefits that had expired at the end of 2013.  This article describes two of the key provisions that affect equipment dealers and their customers. Read More...

NAEDA & Association News

NAEDA is pleased to provide you with a list of State and Federal specific legislation and regulatory changes that may impact your workforce management and Human Resources programs for 2015.  This information has been compiled and is provided by KPA, NAEDA’s endorsed resource and provider of Environmental, Regulatory and HR related information. Read More...

NAEDA & Association News
The North American Equipment Dealers Association has conducted and compiled the most comprehensive Compensation & Benefits Report to date.  The complete 60-page report has been distributed to the nearly 500 Agricultural, Industrial and Outdoor Power Equipment dealers who participated in the survey and provided their dealership data.  For their efforts each has received a complimentary copy of the 2014 Dealership Compensation Report.
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Legislative & Regulatory News

The Internal Revenue Service issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be 57.5 cents per mile for business miles driven (up from 56 cents in 2014), 23 cents per mile driven for medical or moving purposes (down half a cent from 2014), and 14 cents per mile driven in service of charitable organizations (unchanged). Read More...

Industry & Manufacturing News

DULUTH, Ga.--(BUSINESS WIRE)--Dec. 12, 2014-- AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, announces that Robert Crain, Senior Vice President and General Manager, North America, will take over responsibility for AGCO’s South America region from André Carioba, Senior Vice President and General Manager, South America, effective January 1, 2015. Read More...

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