GLG News by Rail Shipping Service Experts
Analysis of:
STB Forces CSX to Drop "Unreasonably High" Rail Rates (www.purchasing.com)
The Surface Transportation Board's decision to declare rate relief for chemical maker DuPont in a captive shipper rate case is not unprecedented, but it is stunning. DuPont is eligible for rate relief up to $3 million over a five-year period. Not a deal-breaker for the Class 1's,...
Analysis of:
Averaging Has Given Engine Makers Flexibility to Meet Emission Targets (www.ttnews.com)
The referenced article explains better than most on how Exhaust Gas Recirculation (EGR) can work in 2010 through emissions’ credit averaging, banking and trading. Several of us in the past in these missives have addressed this. One can’t technically get to 2010 levels on individual engines with EGR...
July 2, 2008
Railroad Pricing Power successfully challenged again, but not enough to end rate increases
Analysis of:
Sector Snap: Rate ruling seen hurting railroads (biz.yahoo.com)
Railroad Pricing Power successfully challenged again, but not enough to end rate increases
On June 30, 2008, the STB ruled that CSX was charging excessively high rates to Dupont for several movements of chemical products and ordered the railroad to reduce them and pay reparations to Dupont . Several weeks ago, the STB ruled that UP had overcharged a Kansas Utility and ordered them to reduce...
Analysis of:
US rail shipments fall 5.7 percent amid floods (biz.yahoo.com)
The Association of American Railroads (AAR) reported that the Midwest Floods “continued to negatively impact rail freight traffic” during last week, a statement easily verified by a quick check of the weekly carloads of the UP RR which showed at 10% drop in carload for the week ending June 21. However,...
Analysis of:
Alvan Motor Freight Closes its Doors (www.thealpenanews.com)
After 67 years of service, Michigan-based Alvan Motor Freight is ceasing operations and will file for Chapter 11 bankruptcy protection. A Teamsters-covered carrier, Alvan is the latest victim of the brutal operating and cost environment facing all U.S. trucking companies. Alvan President...
Analysis of:
ATA Truck Tonnage Index Rose 0.5 Percent in May (www.etrucker.com)
The seasonally adjusted ATA Truck Tonnage Index rose a scant 0.5 percent in may, compared with a revised 0.6 percent drop in April. This is the first month-over-month increase in four months. The seasonally adjusted index was 3.3 percent higher compared with May of 2007. That marks the...
Analysis of:
UPS Lobbyist Outed FedEx in Tax Case (www.dispatch.com)
FedEx is fighting a major threat to its FedEx Ground business model by opposing any changes to its independent contractor status for thousands of its FedEx Ground workers. The issue strikes at the heart of the business model of FedEx Ground, which at $5 billion is the lone major competitor to $50 billion-a-year...
June 26, 2008
Refrigerated Hauler Trying To Formalize Extra Fuel Surcharge - It Will Help Those Who Make It Work But…
Analysis of:
FFE Begins Temperature-Controlled Charge (www.truckinginfo.com)
Refrigerated Hauler Trying To Formalize Extra Fuel Surcharge - It Will Help Those Who Make It Work But…
Frozen Foods Express has announced that they will be implementing a Temperature-Controlled Surcharge that will be added to their truck fuel surcharge. While it will probably be slower in getting implemented throughout the industry than many wish, it should be a positive for the segment (and for other...
Analysis of:
Oil consumers and producers to meet over the weekend in Saudi Arabia (www.iht.com)
OPEC only has 3 levers. More oil. Less Oil. And talk regarding the future. The meteoric rise in oil prices stem from present supply and demand market forces and..... EXPECTATIONS OF WHAT THE FUTURE HOLDS!
Analysis of:
Rapid-Rising Fuel Costs Force Power Price Increase (www.chipleypaper.com)
The input costs for utilities to generate electricity are up. These costs include coal, transportation, natural gas, and power purchases. There are no guarantees, however, that a regulated utility may pass along these costs as discussed in the commentary section.
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