IMC Companies buys intermodal company, expands national footprint
IMC Companies has acquired TRANSInternational System, an intermodal company based in Worthington, Ohio, that operates intermodal freight terminals in nine U.S. cities, including Chicago, Atlanta, Cleveland and Memphis.
“I am impressed with TRANSInternational’s leadership, history, services, values and team members,” Mark H. George, chairman of Memphis-based IMC Companies, said in a release. “I look forward to welcoming their team into our family of brands.”
IMC will be merging TRANSInternational System’s operations into its companies Ohio Intermodal Services, Intermodal Cartage Company, DNJ Intermodal Services and Atlantic Intermodal Services. (more…)Read more
VP of “Logistics Powerhouse” Snaps Up HR Impact Award
Tera Jackson – Winner
Vice president of human resources, IMC Cos.
A logistics powerhouse that specializes in marine drayage, IMC is focused on creating efficient supply chains. Tera Jackson plays a critical role in the company’s success, overseeing organizational development, recruitment and staffing, employment law, performance management, employee relations, and compensation/benefits. (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
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
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
The Open Choice Chassis Model – When, or If, or Ever
After years of transition away from ocean carrier sourcing model, wherein chassis were made available by carriers at no charge for users, circumstances have evolved to the point where there are a small number of equipment providers that supply chassis to trucking companies, beneficial cargo owners and cargo carriers. (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
New chassis location to speed turn times in CP’s Chicago yard
Truck drivers picking up cargo owners’ containers in Canadian Pacific Railway’s Bensenville Terminal near Chicago’s O’Hare International Airport will have a new location to pick up chassis, which should offer quicker turn times.
The location will be inside the DNJ Intermodal Depot, which is within CP’s property and less than a mile from the ingates to the terminal. Because CP Bensenville is a grounded rail yard, truckers must pick up chassis before getting a container. This depot will hold chassis for the Consolidated Chassis Management’s (CCM’s) cooperative Chicago and Ohio pool, TRAC Intermodal-Hapag Lloyd, and the North American Chassis Pool Cooperative. (more…)Read more