GLG News by Rail Shipping Service Experts

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...

The Green movement toward smaller and lighter packaging and products is hurting trucking companies as they try to recover from the economic downturn. The industry's chief economist is predicting that trucking company failures could exceed those from the last recession in 2000-2001.

As US importers and manufacturers reexamine their outsourcing strategies in China and Southeast Asia they must consider closely the ever-changing landscape related to international shipping prior to taking any significant action. Obviously product characteristics, raw material requirements,...

    The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal.  The discussion that follows includes items to consider regarding the refined coal tax credit.

In every story about railroad traffic and railroad profits in this, and indeed in all of the last few years, commentators have used revenue growth as a surrogate for traffic increases, neglecting to inform the reader that traffic levels have been uncharacteristically stagnant in the recent  economic...

As per the referenced article, new truck orders worldwide (not just in the US) are falling - signaling a global slowdown. The forecasting models are being updated because the financing wildcard was not traditionally seen as a big factor - but with what? Freight, Fuel and Financing are the intertwined...

Con-way announced a significant falloff in earnings expectations for the third quarter and the rest of 2009 because of what it called "a challenging business environment." Con-way perennially is one of the market leaders in per-share profitability. But it says the "battered" U.S. economy is causing...

The contentious LA / Long Beach Emissions programs have started without disruption. My colleague Mr. Schultz gives a good overview of the program, litigation, etc, so I’ll offer some numbers and a few comments and about what is happening on the ground today.

  The ports of Los Angeles and Long Beach are implementing the nation's stiffest commitment to clean the air in the port area by banning all pre-1989 trucks from the ports' grounds, effective Oct. 1.   It is estimated the nation's first clean truck plan will cut truck pollution by 80 percent...

A major industry supplier is back in trouble - and is an indicator of things to come. Accuride CEO John Murphy has resigned after 11 months at the helm. It shows how one plans for swings and also shows the importance of parts and service sales in smoothing them out.