GLG News by Intermodal Logistics Experts

Spot rates for dry bulk shipping have dropped below variable operating costs.  Fundamentally, this should not be the case.  Rates will recover.

A major group of transportation officials has adopted recommending that Washington spend $545 billion in federal-aid highway spending, or just about double the current five-year spending plan of $286 billion. It would allow the nation to address its infrastructure needs, fix freight bottlenecks, improve...

How quick can one get in and out of a Chapter 11 filing? Pretty quickly if one has their ducks lined up. It does say something about trying to roll up a bunch of companies, carrying a lot of debt - and then being faced with a trying marketplace.

Daimler Trucks North America (DTNA) has made decision to eliminate their Sterling brand. This has some interesting implications, but it means little - in the big scheme of things.

Truck capacity is being pulled out of the truckload sector at an alarming rate. J.B. Hunt has cut more than 1,400 trucks from its fleet, a 30 percent reduction, in about 18 months. Werner Enterprises and Swift Transportation have also reduced over-the-road capacity by about 10 percent. When the economy...

The Albert Ballin consortium, led by Klaus-Michael Kuhne, admitted to Tradewinds that they paid an "extremely high" price for Hapag-Lloyd in an effort to keep the company away from NOL.  The move was based upon Nationalistic emotions, not business metrics.

The “Green” movement in the trucking industry should be an evolution, following normal equipment life-cycles. Mandates for new equipment have ended up being expensive with retrofits even moreso. The way to think about trucking companies wanting to become more green - is to think about it in terms of...

Declining demand for iron ore, the credit crisis, and gloomy economic forecasts have led to an early decline in dry bulk shipping rates.  For many speculative ship owners, the future is bleak.  This will create opportunities for owners without liquidity problems.

New logistics, load planning and other supply-chain approaches are being taken to lower cost. Those doing it the same old way are being squeezed. As our colleague Mr. Schultz notes, freight has slowed and trucking company failures continue. Load makeup is changing and some are actively addressing it....

The stock prices of all railcar builders declined after a recent prediction by a KeyBank analyst that railcar deliveries will fall in 2009. He estimated that deliveries in 2009 would fall to around 37,000 cars from the 45,000 to 50,000 cars expected this year. It is hard to argue with this forecast...