DNJ Intermodal Purchases Indianapolis Container Depot

St. Louis Post-Dispatch
March 10, 2015

DNJ Intermodal has reached an agreement with M&M Transport to purchase the company’s first container depot in Indianapolis, Indiana.  The depot spans 11 acres, is lighted, highly secure and includes two lifts.  M&M Transport is a maintenance and repair company and will continue to remain on site to provide quality equipment repairs.

DNJ has also opened a 3-acre lot in Wausau, Wisconsin, which is about 300 miles from Chicago.  This lot is used to drop and store containers for delivery by local drivers.

To read more, visit the St. Louis Post-Dispatch.

Potential Chicago drayage shortage awaits LA-LB shippers

Journal of Commerce
November 25, 2014

Shippers face another round of potential woes even after their stalled containers move from congested Los Angeles-Long Beach via intermodal rail to Chicago.

The surge of intermodal volume from Southern California to Chicago ahead of the holiday shopping season could be too much for Windy City drayage drivers, and some shippers could get hit with demurrage charges because of a lack of trucking capacity. Demurrage fees on containers and chassis range generally between $100 and $175.

To read more, visit the Journal of Commerce.

Information technology takes intermodal industry into future

When Joel Tracy was earlier this year named to the newly minted position of chief information officer at IMC Cos., he was tasked with bringing the logistics company into a new age.

Technology is becoming increasingly important in the intermodal industry, Tracy says. The industry and IMC Cos. are growing quickly, and its larger customers are expecting tracking services like when they make personal buys online.

“They want transparency, no matter what size the package,” he says. “It’s become expected. Business that satisfy that need are going to have customers who are much more loyal and satisfied with your business. They are the ones who are going to return.”

Tracy, who spent 21 years in different positions at FedEx Corp. before joining IMC Cos., says he sticks to a few rules to handle the challenges of his field.

“In my line of work, when you’re trying to run an (information technology) group, organization or whatever it is, you have to understand the times are changing,” Tracy says. “You can’t take a year to deliver a product. My philosophy is to never take on a project that takes more than six months.”

He wouldn’t go into the IT projects IMC Cos. is currently working on, but he says mobile technology for drivers is one of the big industry trends right now, as well as the ability to track engine metrics.

CFO of the Year: Michael Baker, IMC Cos. LLC

Memphis Business Journal
October 17, 2014

What company does: Provide solutions for the intermodal supply chain, including container drayage, customs house brokerage, freight forwarding, chassis provisioning and secured container storage.

Your role: Managing change, planning for and implementing new business processes, strategic planning, financial reporting, banking, acquisitions, analysis and governance of administrative services.

To read more, visit the Memphis Business Journal.

Water surrounds many seeking to recharge

Memphis Business Journal
July 4, 2014

Memphis has many unique qualities, like being the logistics capital of the U.S. and home to the world’s best barbecue. In the summertime, the city’s legendary humidity usually drives temperatures over 100 degrees in July and August.

Another unique summer quality is that a majority of business people disappear in the month of July, not only to escape the humidity but because it is known as the month of holidays.

To read more, visit the Memphis Business Journal.

Tracy Named IMC Cos.’ Chief Information Officer

The Memphis News
May 23-29

Joel Tracy has been named the first chief information officer at IMC Cos., a national logistics company focused on international shipments. In his new role, Tracy will be responsible for delivering a broad range of IT initiatives in support of IMC’s logistics businesses.

To read more, visit The Daily News.

Carnival Memphis Celebrates Memphis Trucking Industry

Memphis Daily News
May 2, 2014

Trucking industry representatives and employees packed the spacious Tennessee Ballroom at the Hilton Memphis, the gleaming glass hotel in East Memphis, for Carnival Memphis’ salute to the trucking industry.

“The trucking industry is the lifeblood of the economy,” said King of Carnival Jim McCullough of General Truck Sales and Service Inc. “Simply put, without trucks the economy stops.”

To read the entire article, visit Memphis Daily News.

Intermodal shipping gains steam as faster, cheaper alternative

Omaha World-Herald
March 11, 2014

In a typical year, Iowa Interstate Railroad’s intermodal terminal on the eastern edge of Council Bluffs transfers about 50,000 shipping containers from trucks to railcars, or vice versa.

That’s a little more than one every five minutes the facility is open, and trends across the transportation industry indicate that number is going nowhere but up.

To read the entire article, visit the Omaha World-Herald.

IMC makes ‘strategic’ buy at Virginia port

Memphis Business Journal
February 25, 2014

Continuing its expansion at the Norfolk port in Virginia, Memphis-based IMC Cos. today announced the acquisition of a short-distance, high-volume logistics company.

IMC bought the marine drayage division of Norfolk-based D.D. Jones Transfer and Warehouse Co., adding 50 professional drivers, 31 trucks and 27 trailers to IMC’s Norfolk-based Atlantic Intermodal Services company.

To read the entire article, visit the Memphis Business Journal.