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Follow on Google News | Trucking, Logistics Seminar Discussing Mergers, Acquisitions and Capital Markets in TransportationComplimentary conference features panel experts who will tackle the tough issues facing today’s trucking and logistics companies and provide practical solutions to help them prosper in 2010; To be held May 25, 2010 at the Ritz Carlton, Phoenix.
By: Red Spot Marketing Topics slated for discussion include the following: • Independent contractors under siege • How to create more market value for a trucking and logistics company and what opportunities lie out there for acquirers • How to fix a company that is currently not making any money • Fixing a trucking or logistics company that is broken; and if not possible, surviving a Ch. 11 • Transportation mergers and acquisitions • Preparing a company for sale • Company valuation and bringing your company to market • Proper representation of your trucking or logistics company • Planning a proper exit strategy Perhaps the most controversial of the topics to be discussed is the IRS’ plan to audit some 6,000 independent trucking contractors and possibly convert them to employee status in order to generate additional tax revenue. Already successful in gaining permission to do so according to a recent ruling in the State of Arkansas which was upheld by their Supreme Court, this impending regulation may prove to be detrimental to the industry and could provide the impetus for an unprecedented number of Chapter 11 filings in 2010. Additionally, Benesch and Ahern will be discussing their upcoming forecast for freight demand for the balance of 2010 and 2011. There will be many renowned speakers from private equity firms, publicly traded trucking and logistics companies, past presidents of public trucking companies, as well as Benesch and Ahern’s own experts. Andy Ahern, CEO of Ahern & Associates as well as Jim Hill, Executive Chairman of Benesch comments on the upcoming seminar: “We would invite owners and management of transportation and logistics companies who want to maximize their sales value, and understand the capital markets in transportation today or those who do not wish to become a statistic of today’s economy and increasing government regulations to take a hard look at their company and determine if the path they are on will lead them to prosperity or demise--bottom line, if you fit the bill, then you need to attend.” Those who wish to RSVP for this landmark event are urged to contact: Claudia Balderas Manager/Executive Assistant Ahern & Associates, Ltd. (602) 242-1030 Email: Claudia@ahern- Megan Thomas Client Services Manager Benesch, Friedlander (216) 363-4639 Email: Mthomas@beneschlaw.com About Benesh: Benesch's Transportation and Logistics Group was specifically created to address the needs of users and providers of logistics services. Benesch lawyers are uniquely qualified to represent companies nationally and internationally that are either sponsored or owned by private equity firms. Attorneys leading these efforts are James M. Hill, Executive Chairman of Benesch (jhill@beneschlaw.com or 216.363.4444) About Ahern & Associates, Ltd.: Ahern and Associates is North America’s leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability. For more information, please call 602-242-1030 or visit http://www.Ahern- . XXX Business contact at Ahern & Associates: Andy Ahern 602-242-1030 Business contact at Benesch, Friedlander: James M. Hill 216-363-4500 Media contact: Jason W. Jantzen Red Spot Marketing 602-282-0202 End
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