Universal Express -USXP CEO Lobbies for Luggage Security Measures on Capitol Hill Today; Plan Saves Taxpayers $550 Million to $1.4 Bil Yearly in Baggage Screening Costs
Homeland Security
-- A reduction in on-board passenger luggage correlates to a direct reduction in the ability for terrorists to bring threatening devices onboard aircraft, buses and trains therefore reducing the possibility of future attacks.
-- Without advance notice regarding the transportation mode of pre-shipped luggage, the likelihood of attacks on Americans is further reduced.
-- The plan provides resources for assigning security guards at Amtrak train stations and bus terminals, which currently present wide-open targets for terrorists.
Financial
-- The USXP plan saves taxpayers from $550 million to $1.4 billion per year in costs associated with baggage screening.
-- Airlines will save between $1.6 billion and $4 billion in labor costs due to the reduced need for baggage handlers, processing damage claims and tracing of lost baggage.
-- Numerous supplementary jobs will be realized at major parcel carriers as a result of increased demand for services.
-- Airlines will generate about $16 billion in additional revenue from the transporting of bags for passengers, which can be used to restore financial health for the industry and reduce passenger airfares encouraging more affordable travel.
Travelers
-- Passengers will have greater confidence in the overall security of the travel industry.
-- Travelers will not endure long lines and the unpleasant experience of security guards going through their luggage.
-- Passengers will waste less time moving through America's airports. The economic cost associated to saving an hour of time per traveler per trip exceeds $52 billion annually.
Transportation Industry
-- With the creation of a new $22 billion industry segment, parcel carriers will enhance revenues, generate 250k new jobs and establish a hassle free, safer way for Americans to
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