Assets on both sides of river cited by companies wanting to locate in region

ST. LOUIS – A job-ready workforce, lower cost of living, freight assets, growth potential and a lack of traffic congestion compared to other U.S. cities are among the top reasons given by several companies in the logistics industry as to why they have established businesses operations in the St. Louis region.

Representatives from Procter & Gamble, DNJ Intermodal Services, LLC, and Giltner St. Louis participated in a recent panel discussion hosted by the St. Louis Regional Freightway. In addition to transportation, trucking and manufacturing sector participation, representatives from the Missouri Department of Transportation and the St. Louis Development Corporation took part in the panel discussion on January 17 in St. Louis. To read more, visit the Illinois Business Journal.

IMC Companies celebrates longtime team members

IMC Companies LLC recently held its annual Christmas party, with staffers from the intermodal company’s family of brands gathering at the FedEx Event Center in Shelby Farms Park to recognize longtime team members.

“We strive for the highest standards of service in the intermodal industry,” said IMC chairman Mark H. George. “And, we are proud to honor those individuals who have helped us achieve that mission during their decades of service.” To read more, visit The Memphis Business Journal.

Chairman explains why his co. is expanding to NYC, Philly

With its latest acquisition, a Memphis-based intermodal logistics company is adding two more dots to its map and establishing a new regional headquarters.

IMC Cos., which coordinates intermodal drayage of international shipments, acquired Dec. 12 the marine drayage and depot operations of New Jersey-based H&M Terminal Transport.

“Our primary interest was expanding in a new market where IMC did not have a presence — the Northeast,” said Mark H. George, chairman of IMC Cos. “They had six locations, and four, we already had a dot on the map. Two, we did not: New York and Philadelphia.” To read more, visit the Memphis Business Journal.

IMC Companies Acquires H&M Terminal Transport

(Memphis, TN) – IMC Companies, a Memphis-based leader in nationwide intermodal logistics, has added another top-tier company to its family of brands. Effective December 12, IMC Companies has acquired the drayage and depot operations of H&M Terminal Transport. The company will operate under the name H&M Intermodal Services, as part of IMC Companies.

This brings the number of brands under the IMC Companies umbrella to nine including Atlantic Intermodal Services (AIS), DNJ Intermodal Services (DNJ), Gulf Intermodal Services (GIS), IMC Global Solutions (IGS), Intermodal Cartage Company (IMCG), National Drayage Services (NDS), Ohio Intermodal Services (OIS), Progressive Transportation Services (PTS) and now, H&M Intermodal Services.

With six locations and 140 drivers, this acquisition further solidifies IMC Companies’ position as the largest, privately owned marine drayage company in the United States. In addition, acquiring H&M significantly bolsters the organization’s presence in the Northeastern United States.

“Like us, the H&M team specializes in container drayage,” said Mark H. George, Chairman of IMC Companies. “What’s more, this acquisition enhances our existing national footprint that allows us to handle freight in any major rail or port facility in the United States.”

The acquisition of H&M brings the employee count for IMC Companies to more than 2,100 team members across the nation dedicated to providing exceptional international supply chain solutions.

“I am impressed with H&M’s leadership, history, services, values and team members,” said George, “and I look forward to welcoming their employees into our family.”

About IMC Companies:

IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, expedited services, customs brokerage, truck brokerage, freight forwarding, warehousing, chassis provisioning and secured container storage. To learn more about the IMC Companies family of brands, visit www.imccompanies.com.

Trucking Firms Prepare for Electronic Logging Device Mandate

The trucking industry’s controversial electronic logging device mandate goes into effect Dec. 18, and local trucking companies and drivers have been preparing for most of the year. The ELD helps measure and monitor that drivers are not on the road too many hours each day, that they take mandatory breaks at the appropriate times, and that they are not driving too many hours during a consecutive seven-day period.

Earlier this year, some truckers participated in “ELD or Me” protests in Washington, D.C., while others took to the streets in Fresno, California, to protest the implementation of the rule, which has proved controversial among small owner-operators. Read more at The Daily News.

From high heels to heirloom tomatoes, blockchain technologies will touch everything

If you live off the grid, spend only paper money, tune in AM radio for entertainment and pretty much ignore the steamroller unleashed on everyday life by the Silicon Valley, none of what comes next will make sense.

But only a few years ago someone said to be in the proximity of Beijing conjoined the words block and chain into blockchain, a term for an obscure technical feat. Its purpose: provide a digital wallet for cryptocurrency. To read more, visit the Commercial Appeal.

Immigration concerns impact logistics side

HIGH POINT — Retailers aren’t the only ones concerned about the impact of Hispanics’ concerns regarding the current environment toward immigration.

The logistics side of the industry is impacted both in terms product bottlenecks and filling available positions on the road and in warehousing. To read more, visit Furniture Today.

Hurricane Harvey cuts into transportation industry

As the rain began to pour over the Lone Star State Friday afternoon, the transportation industry was counting on blue skies come Monday morning.

However, over the weekend more than two feet of rain fell, and the National Weather Service is calling for another 18-24 inches of rain Monday, Aug. 28, with a potential for additional flash flooding. To read move, visit the Memphis Business Journal.

CSX Service Delays Vex Shippers

Shippers frustrated with CSX Corp. deterring railroad service and extended delays are choosing to move some shipments to trucks to satisfy their urgent transportation needs, according to industry insiders.

Meanwhile, federal officials and some shippers have ratcheted up the pressure on the railroad’s new CEO, Hunter Harrison, to explain why service has worsened and when the delays will be resolved. To read more, visit Transport Topics.