Fastest-growing companies in S.C. named for 2019
SC Biz News has announced the 40 fastest-growing companies in South Carolina for 2019.
Each year, the Roaring Twenties awards recognize the 20 fastest-growing large companies and 20 fastest-growing small companies in the state. Those winners have been invited to a statewide event in Columbia honoring them and counting down to the top company in each category. (more…)Read more
IMC Companies Selected Top 100 Trucker
Inbound Logistics named IMC Companies as a top 100 trucking company in the country. The award acknowledges IMC Companies’ recent growth and expansion into every major port and rail in the United States. The publication’s editors selected this year’s list […]Read more
Savannah’s port volumes mean strong drayage demand
Year-to-date inbound volumes into Savannah are up close to 10% through August, making it the fastest-growing import gateway into the U.S.
Savannah is expanding along the water to handle larger vessels and is over the half-way mark on its $220 million intermodal rail project, the Mason Mega terminal. Along with those moves, Savannah is adding another eight lanes to its truck gates, bringing the total number of gates to 56.
Jeff Banton, president of Atlantic Intermodal Service (AIS), said the gates are important for keeping up with truck volumes. He said Savannah saw a record-breaking 12,000 gate moves in one day in August. (more…)Read more
No easy fix for chassis conundrum: speakers
Issues involving chassis interoperability, shortages, and dislocation continue to hamper productivity at US ports and inland rail ramps, and there is no single solution on the horizon that will make those problems go away, speakers at the Intermodal Association of North America (IANA) conference in Long Beach said this week.
In fact, with each stakeholder in the supply chain — ocean carrier, trucker, railroad, and intermodal equipment provider (IEP) — doing what best serves their own interests, the industry may eventually be forced into the unwanted condition where it has to choose between regulation and free markets before a solution is found, the speakers said.Read more
Virginia Trucking Association elects officers
Ward Best, Vice President of Atlantic Bulk Carriers of Providence Forge, has been re-elected Chairman of the Virginia Trucking Association (VTA), the statewide trade association of Virginia’s trucking industry.
Best has worked for Atlantic Bulk Carrier since 1996. Best has served on the VTA Safety & Human Resources Council and was elected to the VTA Executive Committee last year. He has actively served on a number of other industry and safety-related organizations and associations.Read more
IMC COMPANIES TO LAUNCH NEW WEST COAST COMPANY: PACIFIC DRAYAGE SERVICES
IMC Companies, a Memphis-based leader in nationwide intermodal logistics, recently added another company to its family of brands. On August 19th, IMC Companies launched Pacific Drayage Services (PDS) to provide drayage and warehousing services to customers in the Seattle and Tacoma markets. The PDS fleet is made up entirely of company-owned trucks and employee drivers. IMC Companies has ordered 150 new company trucks to bolster their presence on the West Coast. The new fleet of Mack trucks was a $20 million capital expense.
“We’re committed to expanding our presence on the West Coast,” said Mark H. George, Chairman of IMC Companies. “This strategic growth means that we are able to serve our valued customers via every major rail and port facility in the United States.” (more…)Read more
FMC to gauge detention/demurrage fairness on flow merits
The top United States maritime regulatory agency on Friday unanimously approved interpretive rulemaking recommendations aimed at helping it gauge whether levied demurrage and detention fees truly incentivize the retrieval of cargo and return of containers.
The Federal Maritime Commission agreed to the recommendations stemming from a year-and-a-half effort led by commissioner Rebecca Dye to address complaints from cargo owners and drayage drivers over what they considered unfair fees for failing to pick up cargo and return equipment in a timely manner. (more…)Read more
Port Report: Sourcing shifts for U.S. imports boosting Southeast Ports
The trade war with China is forcing U.S. Shippers to look for new sources of low-cost consumer goods. Southeast seaports are benefitting from those switches as shippers opt for lower cost and more accessible gateways.
The value of China’s exports to the U.S. are down 12.3 percent through the first half of 2019 to $219 billion. The drop stems from President Donald Trump’s escalation of tariffs against China with another 10 percent tariff slated to take effect this coming September 1 and December 15 on $300 billion worth of imports coming from China.Read more
Port of Virginia’s massive expansion project is done, but not everyone is happy
After about two years, the Port of Virginia has finally been able to put a bow on one of its major expansion projects.
Virginia International Gateway, one of the two main terminals, is now 800 feet longer. It can accommodate three ultra-large container ships at once and features more than a dozen new stacking yards to pack in more containers to be whisked away by truck or by rail. (more…)Read more
GIS President Discusses Industry Related Topics
Gulf Intermodal President, Will Connell, recently interviewed with Alessandra Barrett, Editor of the Journal of Commerce, during the 2019 Gulf Shipping Conference in Houston, Texas. Will discussed industry topics such as chassis availability. the resin boom, and the driver shortage. “At IMC Companies and Gulf Intermodal, we’ve increased our (driver) compensation in the last couple of years over 30% and we offer an excellent benefits package to try to make sure we can have the drivers we need to make sure we can provide (our) customers great service.” (more…)Read more