Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Wal-Mart Stores    WMT

News SummaryMost relevantAll newsSector newsTweets

Wal Mart Stores : MCAT has already reduced frequency on one bus route. Now the county looks for a more long-term solution

share with twitter share with LinkedIn share with facebook
share via e-mail
05/19/2017 | 08:05pm CEST

May 19--A critical staff shortage at Manatee County Area Transit has on average two operators working double shifts every day to keep the routes in service.

"Over the last several years, the operational staffing levels for the Transit Division are consistently insufficient to cover all scheduled and daily work assignments," a county document states. "This is, simply put, no longer sustainable as it creates ongoing issues with staff burnout, illness and jeopardizes operational safety."

Earlier this month, Manatee County reduced the frequency of the Route 3, which runs between Manatee County Public Beach on Anna Maria Island and Walmart on State Road 64, due to a shortage of bus drivers.

On Tuesday, county officials will ask the county commission to approve a long-term solution: the addition of 16 full-time transit bus operator positions and a full-time transit attendant to serve as the "Extra Board" for the division.

"At this point, the Transit Division is at a critical point where simply put, operational staff can no longer sustain fixed-route and Handy Bus service levels by working overtime and double shifts," the county document states. "The operations staff is burned out and resignations and retirement are on the rise."

The "Extra Board," which is common among public transportation service providers throughout the county, would cover all open work assignments to maintain service delivery, according to the document.

"The 'Extra Board' will relieve the continual stress on the Transit Division workforce," according to the document. "The additional service attendant will help to create balance work assignments and work shifts."

But the additional bus operators will come at a cost. For the remainder of this fiscal year, it will cost $180,316 and the staff addition in the upcoming fiscal year will cost $769,348.

"Funds will be budgeted in a reserve in the FY 2018 budget and an independent study will be done to evaluate scheduling, staffing and compensation for transit operators prior to October 1 of this year," according to a county document.

If approved by the commission Tuesday, the county hopes to have the additional operators hired, trained and placed into service by the fall.

Manatee County Administrator Ed Hunzeker mentioned the transit staffing shortage during a luncheon last week.

"The biggest challenge that we have is in our workforce," he said. "Training to recruit and retain employees in this environment is difficult. We lost about every profession we have. It's a tough sell. We are seeing a lot of turnover."

If somebody's waiting at the bus stop to get work and the bus doesn't show up, Hunzeker said they aren't going to get to work.

"It's getting real close because we just can't recruit them at the salaries that we offer," he said.

Claire Aronson: 941-745-7024, @Claire_Aronson


(c)2017 The Bradenton Herald (Bradenton, Fla.)

Visit The Bradenton Herald (Bradenton, Fla.) at www.bradenton.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on WAL-MART STORES
02:10a WAL MART STORES : Putting a face to a natural disaster
02:09a WAL MART STORES : Wayne County parents can now pay child support at Walmart, CVS
02:08a WAL MART STORES : Walmart offers health screenings at Baltimore stores
09/22 WAL MART STORES : 5 ways FIs can create 'remarkable experiences'
09/22 ST JOE : clears land for Topsail West
09/22 WAL MART STORES : Outdoor recreational retailer Moosejaw now knows the full stor..
09/22 WAL MART STORES : Target expands next-day delivery to Baltimore stores
09/22 WAL MART STORES : Not home? Walmart wants to walk in and stock your fridge
09/22 WAL MART STORES : Board Announces Donation of Bowman Family Property
09/22 WAL MART STORES : Board Game Designer Shares the Grit and Glee of the Creative P..
More news
News from SeekingAlpha
09/22 KROGER : Addressing The Implosion
09/22 Bed Bath & Beyond's Profitable Place In The Future Of Retail
09/22 Wal-Mart partners with August Home
09/21 Wal-Mart Not Expensive At $80
09/21 HOLIDAY HIRING : Wal-Mart Insults Target
Financials ($)
Sales 2018 496 B
EBIT 2018 22 734 M
Net income 2018 13 002 M
Debt 2018 39 671 M
Yield 2018 2,56%
P/E ratio 2018 18,69
P/E ratio 2019 17,29
EV / Sales 2018 0,56x
EV / Sales 2019 0,55x
Capitalization 239 B
Duration : Period :
Wal-Mart Stores Technical Analysis Chart | WMT | US9311421039 | 4-Traders
Technical analysis trends WAL-MART STORES
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 33
Average target price 82,2 $
Spread / Average Target 2,8%
EPS Revisions
C. Douglas McMillon Chief Executive Officer & Director
John Furner President
Gregory B. Penner Non-Executive Chairman
Brett M. Biggs Chief Financial Officer & Executive Vice President
Jeremy King Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
WAL-MART STORES16.46%239 006
CARREFOUR-27.83%15 308