GLG News by Rail Shipping Service Experts

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Downsizing of YRC Worldwide Continues: Details of 41 More Terminals to Close

November 17, 2010

Analysis of:YRC Worldwide will close 40 terminals because of low freight volume | www.bizjournals.com

YRC Worldwide, reacting to a slump in its overall freight demand, will close about 40 trucking terminals, or about 12 percent of its overall network. This reduction will continue to "right-size" YRC, according to its CFO, Sheila Taylor. Outgoing Chairman and CEO Bill Zollars says there should be no more terminal closings at YRC for awhile, as its capacity and freight demand are in "pretty good balance now."

Toby KolstadPresidentRail Theory Forecasts

Greenbrier’s problems are common to all car builders, but…

November 11, 2010

Analysis of:Greenbrier Q4 loss wider than expected; sees loss in Q1 | www.reuters.com

Greenbrier’s projection that it did not see a turnaround in its near term future and that output and profits might not rebound until the second half of 2011 might be a common theme among all railcar builders. However, Greenbrier’s practice of backlogging “nonbinding” orders often distorts the outlook for the company and the “cancellation” of these orders can produce unnecessary surprises.

Jay ThompsonPresident and General ManagerTransportation Business Associates

JBS Transportation EOBR Order Is An Indicator Of Several Issues

November 9, 2010

Analysis of:FMCSA Orders JBS Carriers to Install Electronic On-Board Recorders on its Entire Fleet of Commercial Trucks for Violating Hours-of-Service and Other Federal Safety Regulations | www.fmcsa.dot.gov

The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) ruling that JBS Transportation of Greeley, Colorado must install Electronic On-Board Recorders (EOBR’s) is one of the first with a larger carrier. It offers insight into some of the issues that need to be addressed in the supply chain.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Mexico Cross-Border Trucking - A Mexican Border Perspective

November 7, 2010

Analysis of:Mexican Officials Want U.S. Action on the Cross-border Trucking Dispute | www.truckinginfo.com

The Journal of Commerce recently quoted Luis Paz Vega who is in leadership of the North American Free Trade Agreement (NAFTA) office at the DC Mexican embassy - that redoing the Mexican Truck in the US “demonstration program” won’t work. They instead want us to adhere to NAFTA and open the border up. Here’s some thoughts...

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Another Quarter, Another Quarterly Loss For YRC Worldwide

November 5, 2010

Analysis of:YRC Worldwide Achieved Significant Progress on Comprehensive Recovery Plan | finance.yahoo.com

YRC Worldwide reported a third-quarter net loss of $62 million on $1.14 billion revenue, compared with a $159 million loss on $1.2 billion revenue in the year-ago quarter. Bill Zollars, YRC's chairman, CEO and president who is leaving the company at the end of the year, said the $62 million loss meant the financially troubled LTL trucker had "achieved significant progress" despite losses in excess of $2.2 billion the last two and a-half years.

Toby KolstadPresidentRail Theory Forecasts

Uncertainty is the problem for truckers and railroad intermodal managers

November 1, 2010

Analysis of:Has intermodal container business truly turned the corner? | www.progressiverailroading.com

The weekly intermodal traffic reports from the American Association of Railroads continue to encourage rail executives that the economy will continue to rebound and that traffic will continue to grow in the future, but no one knows for sure. Unfortunately, industry statistics are not available for the commodities moving by truck and railroad intermodal shipments, and gross traffic numbers leave everyone guessing as to what is behind the growth in traffic.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

YRC Worldwide Gets More Life--Teamsters Accept More Concessions on Pay, Pensions

November 1, 2010

Analysis of:Teamsters Accept More Concessions at YRC Worldwide | www.kansascity.com

Rank-and-file Teamsters at YRC Worldwide units have accepted another round of wage and pension concessions aimed at keeping the struggling LTL carrier alive. In addition to a 15 percent wage concession through 2015, the YRC workers will continue a freeze on their pensions until mid-2011, and then get only 25 percent of previously agreed to pension contributions. The scheme is estimated to save YRC as much as $350 million annually.

Toby KolstadPresidentRail Theory Forecasts

Railcar builders are looking to better times

October 29, 2010

Analysis of:Freight car orders, backlog up sharply | www.railwayage.com

The RSI announced the third quarter results for the railcar builders and there were improvements in all categories. Orders totaled over 9,100 units and deliveries continued to increase from 2,946 in the second quarter to 3,706 in the third. Moreover, the backlog of unfilled orders increased from 14,930 to 19,267. If the trends continue, and there is no reason to believe they will not, industry output will almost double in 2011.

James AliucciCEOThe Global Group

Pacific Island Fisheries Face Collapse

October 28, 2010

Analysis of:Pacific fisheries face collapse by 2035: study | fis.com

A new report, published by the Noumea-based Secretariat of the Pacific Community warns of a Pacific Ocean fisheries collapse that would be devastating to commercial fisheries in the region and have an impact worldwide.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Technical Thoughts About SCR v. EGR - From A “Field Engineering” Perspective

October 24, 2010

Selective Catalyst Reduction (SCR) and Exhaust Gas Recirculation (EGR) issues are both hot these days where buyers are now voting with their purchase decisions. Truckers have to become more technically proficient - and fleet / field engineers are dealing daily with this new stuff. OEM’s have their sales pitches, but users are discussing it their own way. Investors and financiers benefit from the current dialogue, as we all are betting on the future.

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