GLG News by Intermodal Logistics Experts

In rounding out thoughts regarding the previously noted Caterpillar-Navistar deal, Volvo and their Mack subsidiary are the easiest to summarize. They are not greatly affected in the US, but may be in overseas markets after the joint venture gets going. Also separately, the Volvo chief is confirming...

Paccar’s US brands of Peterbilt and Kenworth are losing their long-time Caterpillar big bore premium image-partner in 2010. Their engine strategy has been one that has included outsourced engines for Class 7-8 from Cummins and Caterpillar, along with a Paccar-branded Cummins 7 & 8 Liter engines...

FedEx Corp.'s reported $241 million loss in its fiscal fourth quarter ending May 31 compares with a year-ago profit of $610 million. The huge swing is attributed to a $696 million after-tax asset-impairment charge connected with its  disastrous acquisition of Kinko's, higher fuel costs and a weak...

Daimler Truck North America (DTNA)’s US brands of Freightliner, Sterling and Western Star are losing the long-time Caterpillar big bore option and replacing it with Cummins. While those numbers are small, it seems to have firmed up Daimler’s US engine strategy with Detroit Diesel, Mercedes and Cummins...

The Caterpillar / Navistar rumors were finally put to rest last week. There will be few short-term implications and surprises, but the longer-term stage for truck and engine makers is much clearer now. Cat will not totally exit the on-highway market as some thought, but will only be offered in a different...

Many in business and fellow consumers around the world look to their governments to help ease the impact of the record high fuel prices. Many try to pinpoint and then demonize the culprit in the system or process, but like many things it’s a combination of issues. Others are doing something about it...

Overlooking the author’s tendency for hyperbole and his greatly distorted timeline of history, his conclusion that demand for new coal cars will soon return is right on target. He is also right in highlighting the current danger to those builders who might be exposed to fixed price contracts and escalating...

The auto hauling segment has been on a rough road. It will continue, especially on the new vehicle side. Used (cheaper) car sales are not hit as badly. The excess hauling capacity will be slow in recovering for a number of reasons. My colleague Mr. Schultz offers a good prognosis of Performance Transportation...

A significant percentage of the dry bulk fleet continues to trade past the normal retirement age of 25 years due to robust rates.  This will be corrected in 2010, when new vessels will push down rates and push out vintage tonnage.

The International Brotherhood of Teamsters called a strike affecting 1,250 workers at car hauler Performance Transportation Services. The walkout covers 24 plant sites, ports and rail heads in 15 states. The job action was called after the company imposed an emergency 15 percent pay cut granted by a...