GLG News by Heavy Duty Truck Experts: Consultants and Industry Specialists
Analysis of:
As Buyout Bust Turns Bitter, A Major Deal Lands in Court (www.logisticsmgmt.com)
YRC Worldwide's plan to integrate most of the operations of its Yellow and Roadway long-haul LTL units is mostly a positive. But it likely will result in a smaller overall company than the two operating companies currently are, but that's mostly because demand for long-haul LTL services is flat...
September 10, 2008
Where Do Diesel Fuel Prices Need To Be To Stabilize Trucking Company Failure Rates?
Analysis of:
Diesel prices: industry experts comment on impact of high oil prices on logistics (www.logisticsmgmt.com)
Where Do Diesel Fuel Prices Need To Be To Stabilize Trucking Company Failure Rates?
With falling diesel fuel prices, what does that mean for trucking failure rates? Additionally, at what fuel price should we see the numbers settle down?
Analysis of:
USPS Wants Your Parcel Business (multichannelmerchant.com)
The U.S. Postal Service appears to be getting serious about improving its technology and marketing efforts to better compete with the two publicly held parcel delivery giants, UPS and FedEx. Postmaster General Jack Potter recently disclosed plans that would revamp the centuries-old Postal...
Analysis of:
YRC Plans To Cut Several Hundred Non-Union Jobs (www.ttnews.com)
YRC Worldwide, which collectively has about a 30 percent market share in the $35 billion less-than-truckload sector, is laying off at least 200 back-office workers, mostly at its Overland Park, Kan., and Akron, Ohio, offices. These cutbacks can be taken two ways. The half-full view is that YRC is gaining...
Analysis of:
IdleAire Purchased (fleetowner.com)
IdleAire and its “ATE designation” has been purchased by a group including Airlie Group, Kenmont Investments Management, SV Special Situations Fund, Whitebox Advisors, Wayzata Investment Partners and Wilfrid Aubrey, LLC. Their transition to a new management team is being handled by CGR Partners. The...
September 2, 2008
Selective Catalyst Reduction Diesel Engine Fluid - Urea Availability Gets “Green” Light, So Next Issue Is…
Analysis of:
DEF infrastructure in good shape (fleetowner.com)
Selective Catalyst Reduction Diesel Engine Fluid - Urea Availability Gets “Green” Light, So Next Issue Is…
One of the often-cited risks in implementation of Selective Catalyst Reduction (SCR) technology has been Diesel Engine Fluid (DEF) - a.k.a. Urea - availability. That has been covered in past GLG articles - and continues to move along better than expected. The next major issues include whether truck-buyers...
Analysis of:
Truck Tonnage Index jumps 5.4 Percent in June (www.truckinginfo.com)
The closely watched American Trucking Associations' Truck Tonnage Index jumped by 5.4 percent in June, the eighth straight month of an increase. It's the largest monthly gain since January of 2005. But that streak suddenly ended with a 0.3 percent drop in the index in July
Analysis of:
Trucking Chief Says Government Failed Him (www.courier-journal.com)
When C.W. Johnson Xpress, a Louisville, Ky.-based truckload carrier closed in mid-August, its chairman Charlie Johnson lashed out at Louisville and federal officials for failing to aid him. Johnson's company was the beneficiary of millions of dollars in federal grants to aid underprivileged persons...
August 29, 2008
Major Fleets Can Make A Big Difference In Port Freight Flow, Take Advantage Of Truck Incentives And Enhance Their Customer Lists
Analysis of:
Two Major Fleets to Work Drayage at LA Port (www.truckinginfo.com)
Major Fleets Can Make A Big Difference In Port Freight Flow, Take Advantage Of Truck Incentives And Enhance Their Customer Lists
The keys to success in the logistics chain are relationships, information technology, operational productivity and managing costs. The dray cost structure is being pressured with not only the 25%+ ($35 container plus $15 infrastructure) surcharge to fund those programs, but also with security (TWIC)...
August 21, 2008
Trucking Company Failures & Key Indicators For The Future = Freight + Fuel + Financing + Focus
Analysis of:
Johnson Xpress Trucking To Close - BB&T sues for recovery of $8.3 million (www.courier-journal.com)
Trucking Company Failures & Key Indicators For The Future = Freight + Fuel + Financing + Focus
Smaller-sized trucking companies make up 80% of the industry. As failures continue, it exposes the primary causes experienced by all, individual ones that contribute for the specific company, how different parties are affected, and how others’ benefit. It also brings to light the key issues facing transport...
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