GLG News by Intermodal Logistics Experts
Analysis of:
Orders stunted (www.tradewinds.no)
Perhaps a bit too late, we are seeing signs of a cut off in new vessel orders for the offshore service sector.
Analysis of:
Slow speed ahead (www.tradewinds.no)
The article highlights the limitations to slow-steaming and why this will result in diminishing returns as a mechanism for absorbing excess container ship capacity.
June 6, 2008
Leasing companies order and/or buy railcars, not railroad companies; and therein lays the problem
Analysis of:
Where Have All The Railcars Gone? (www.forbes.com)
Leasing companies order and/or buy railcars, not railroad companies; and therein lays the problem
The in Forbes article about the large number of surplus railcars, the author incorrectly blames the railroad companies for stocking up on ethanol cars until the “ethanol bubble burst” and they realized they had built too many cars. In truth, railcar leasing companies ordered the cars after hearing requests...
Analysis of:
Diesel risks mostly hot air? (washingtontimes.com)
There will be winners and losers the Los Angeles / Long Beach ports emission rules. A couple potential winning segments that do seem clear are forward-thinking financiers of compliant trucks or fleets offering lease-financing programs with the same. Also, watch how others look for ways to keep fixed...
Analysis of:
The Fading Of The Mirage Economy (seattletimes.nwsource.com)
The merging of Delta Airlines and Northwest Airlines, along with other future mergers, will have implications for the transportation of freight as well as passengers. For the past fifteen years US legacy combination carriers have not been major players in the air freight industry, consolidation may...
Analysis of:
UPS Could See Windfall in DHL Deal (www.ajc.com)
UPS's decision to haul domestic air shipments for rival DHL between airports in North America is another strategic move by the world's largest package delivery company to consolidate air lifts from what once were major competitors. UPS has a similar agreement in place with the U.S. Postal...
Analysis of:
Pricey diesel fuel drives up trucking companies' costs (www.signonsandiego.com)
Trucking company failures have accelerated to a point where year-over-year bankruptcy numbers have doubled. We then must add in those who have shut down or just parked their equipment. The primary issues are freight rates plus fuel surcharge versus real fuel costs. That problem continues with both the...
Analysis of:
Soft international container demand drives down total Q1 intermodal volume, IANA says (www.progressiverailroading.com)
IANA (Intermodal Association of North America) reported that the first quarter intermodal volume was down 2.4%, almost identical to the decline reported by the AAR several weeks ago. Not surprisingly, the decline in imports was cited as the main reason for the decline, although the losses were partially...
Analysis of:
Slower-steaming trend sparks rush to fix post-panamaxes (www.tradewinds.no)
The charter market for post-panamax tonnage is hot as owners jump on the bandwagon of slowing vessels to save fuel cost.
Analysis of:
Bunker surcharge floats (www.tradewinds.no)
Reports from the TSA indicate that their primary goal of the 2008 contracting season, floating fuel surcharges, has largely been accepted by shippers. Their secondary goal, increases in the base freight rate, has largely failed.
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