GLG News by Rail Shipping Service Experts

Trade magazines are usually constrained to write only positive comments about the companies in the industries they cover, since subscriptions and ad revenues are more dependent on goodwill rather than good investigative reporting. In the article reviewed below however, the writer/editor finally fesses...

The profit-loss math is pretty simple. When fuel was $1.20 per gallon where most fuel surcharge kicked in, the cost per mile was $0.20 at 6 miles per gallon. Today at about $4.20 as noted in the article, the cost is $0.70 per mile. The difference is $0.50 per mile. Add that to a $1.25 per mile base...

  UPS and FedEx, the two dominant players in the U.S. parcel business, are facing sharply higher fuel costs, as well as increases in labor. All this comes at a time when shippers are "downgrading" from more costly same- and next-day services to cheaper, deferred services. ...

 Sen. Barack Obama has won the support of the 1.4 million-member Teamsters union in exchange for the likely Democratic presidential nominee's support to end 19 years of federal oversight of the union. While neither side calls it a quid pro quo, it's obvious that the Teamsters union would benefit...

“growth capital” may really be the result of a railroad’s failure to actively manage their physical plant in a way the ensures capital investment  and disinvestment closely maps to changes in traffic volumes from year to year and from corridor to corridor.

One reason a railroad's replacement cost is higher than its book value is that the company has been harvesting the infrastructure by deferring normal replacement cycles such that the average quality and life remaining of the installed base is much less than what would be expected under...

The Ryder numbers and discussion thereof shows their strengths - and also shows those who focus on equipment financing, maintenance and dedicated trucking are positioned well for today and for the future. My friend Mr. Mc Williams covered the overview well, so I’ll just offer comments on these area...

  Trucking leaders are mulling installing governors on trucks that would limit speeds to around 62 miles per hour. Already, one major trucking company (Con-way Inc.) has done exactly that in an attempt at fuel conservation.   Trucking will spend in excess of $130 billion on diesel fuel this...

CEO’s never like to go into lengthy explanations on the dynamics of their industry in explaining a dismal financial performance, but with year to date coal volumes up 4.6%, according to the most recent AAR report, blaming the economy for the problems besetting the company seems more like dodging the...

 Diesel fuel theft is a growth industry these days. As truckers spend as much as $1,200 to fill their twin 150-gallon fuel tanks, thieves are often waiting in the wings.   The heists come in many forms, but siphoning out 300 gallons of fuel is not usually the way. Sometimes the truck is hijacked....