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This week in The Enterprise
Monday, May 14, 2018
Starks: Jazz's economic boon evident, but many incalculables
By Brice Wallace For all of the obvious economic activity tied to the Utah Jazz — player and staff salaries, ticket and merchandise sales, advertising — the most prominent professional sports team in the state offers other benefits that are difficult to quantify.Steve...
Utah national park tourists spent $1.1 billion last year
The United States celebrated National Park Week in April and in conjunction with the celebration, the Interior Department released data about the economic impact the nation’s parks have on the communities near the sanctuaries. And no place is that impact more apparent ...
Speaker Ryan to keynote S.L. Chamber event
The Salt Lake Chamber has announced that U.S. House of Representatives Speaker Paul Ryan will be the keynote speaker at the organization’s Giant in Our City event scheduled for June 9 at the Grand America Hotel in Salt Lake City. The chamber had previously announced th...
Byrne reshuffles his Overstock executives
In a letter to shareholders, Patrick Byrne, founder and CEO of Salt Lake City-based online retailer Overstock.com, announced a significant management shuffle of executives at both tZero and Overstock. Byrne described the changes as intending to accelerate growth at tZero, Oversto...
Gail Miller to head board at Intermountain Healthcare
Gail Miller, owner and chair of the Larry H. Miller Group of Companies, has been chosen as chair of the board of trustees of Intermountain Healthcare. She succeeds Scott Anderson, who remains on the board as chair emeritus and who has stepped down at the completion of his six-yea...
Brewer to buy 800 Nikola trucks
Anheuser-Busch, America’s largest brewing company, has placed an order with Nikola Motor Co. that could amount to up to 800 of the company’s hydrogen-electric powered semi-trucks. The zero-emission trucks are expected to be integrated into Anheuser-Busch’s dedic...
UofU named part of Schmidt Futures middle-class project
The University of Utah has been selected by Schmidt Futures to solicit and develop ideas for ensuring a vibrant middle class in America, according to a release from the office of UofU President Ruth V. Watkins. Schmidt Futures works to advance society through technology, inspire ...
UAMMI gets grant for composite parts development
The Utah Advanced Materials and Manufacturing Initiative (UAMMI) has been awarded nearly $1 million in federal funds to produce carbon composite additive manufactured parts for the U.S. Air Force. This technology will give UAMMI the ability to 3D-print carbon-based replaceme...
Intermountain partners with Minnesota firm to launch elder care service
Salt Lake City-based Intermountain Healthcare has entered into a partnership with Minneapolis-based Lifesprk to launch a new life-care model for seniors. Known as Homespire, the service is designed to keep seniors healthy and living fuller, more independent li...
CORPORATE FINANCIAL REPORTS - 5-14-18
The following are recent financial reports as posted by selected Utah corporations: Nu SkinNu Skin Enterprises Inc., based in Provo, reported net income of $35.5 million, or 64 cents per share, for the first quarter ended March 31. That compares with $27.5 million, or 51 cen...
Trucking & Transportation
STATE OF THE TRUCKING INDUSTRY: High freight volume and strong rates signal good year ahead
By Eric Myers We are well into 2018 now and starting to see a more-clear picture of the state of trucking. I talk with small and large carriers every day and listen to some of the experts in trucking. This article will explore some of the top issues that have the truck...
BEYOND FA&P: How three shippers saved millions in freight costs
By Harold B. FriedmanNo matter what industry you’re in, you know that cost pressures are never far behind. Your customers demand faster deliveries at lower prices, carriers raise their rates every year and the price of oil remains volatile.Indeed, shippers from ar...
Technology's impact on some of trucking's concerns
By Bahar Ferguson In October, the American Transportation Research Institute released its “Critical Issues in the Trucking Industry” report. Of the top 10 issues, many had an aspect where technology impacted the problem or played a role in a positive result:&bull...
Are ELDs the cause of rising freight rates?
By AJ Baadsgaard How good can you forecast the weather? Does your knee start to hurt? Can you feel it in your bones? For most people that is a “no.” It’s been like that lately with rates for moving freight throughout the nation. A select few truly have thei...
Calendar Highlights
Calendar listings are provided as a free service to our readers. Information about upcoming events may be sent to brice@slenterprise.com. The submission deadline is one week before publication. See the full calendar.
2018 Governor’s Energy Summit - May 14
With the theme “Crossroads of Global Innovation.” May 14 features a 3-5 p.m. lecture series titled “The Climate of Action.” May 15 features a trade show, keynote presentations and panel discussions, eight breakout sessions, networking and a closing reception. Keynote speakers are Steve Zaffron, founder and leader of Vanto Group and author of Three Laws of Performance; and Olga Loffredi, chief executive officer of Vanto Group. Location is Grand America Hotel, 555 S. Main St., Salt Lake City. Early-bird registration is $129. May 14 lecture series only is $49. Details are at http://www.governorsenergysummit.com.
“Power Women Summit: Clarity, Productivity & Influence” - May 15
A first-ever event featuring general sessions and panel discussions. Location is Mountain America Exposition Center, 9575 S. State St., Sandy. Cost is $299. Registration can be completed at http://www.Eventbrite.com.
Fourth Annual UTWNG/Sandy Chamber Women’s Group Charity Golf Tournament - May 16
Presented by the Utah Women’s Networking Group (UTWNG) along with the Sandy Chamber Women’s Group and benefiting the Junior League of Salt Lake City. Shotgun start is at 8 a.m. Location is Old Mill Golf Course, 6080 S. Wasatch Blvd., Holladay. Cost is $99, $350 for a foursome, $25 for lunch only. Sponsorships are available. Details are available at (801) 824-2600.
2018 Western Pathways Conference - May 30
Organized and hosted by the Global Pathways Institute at Arizona State University, in partnership with the Utah Governor’s Office of Economic Development, Business-Higher Education Forum, Education Commission of the States, and the Colorado Business Roundtable. Conference is focused on an issue central to the future of our economy and society: how to build an education and workforce development system that will prepare all young adults for careers leading to economic independence. Location is Hilton Salt Lake City Center, 255 S. West Temple, Salt Lake City. General registration cost is $495. Details are at https://www.westernpathways.com/.
“Giant in Our City 2018” - June 9
A Salt Lake Chamber black-tie, invited event honoring U.S. Sen. Orrin Hatch, R-Utah. Keynote speaker is House Speaker Paul Ryan. Reception is at 6 p.m. Dinner and program begin at 7 p.m. Location is the Grand America Hotel, 555 S. Main St., Salt Lake City. Cost is $250. Sponsorships are available. Details are at www.slchamber.com/giant.
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