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30
Dec
Largest Memphis intermodal firm readies for Collierville move
With a 10-year tax break in hand, the largest intermodal firm in the area is moving forward with its plans to move from Memphis to Collierville.
As the Memphis Business Journal reported in November, IMC Cos. is planning to build a 75,000-square-foot headquarters office in Collierville’s Schilling Farms that it intends to occupy by summer 2021.
On Dec. 9, Collierville’s board of mayor and aldermen approved the company for a 10-year PILOT (payment-in-lieu-of-taxes), which had been approved by Shelby County Mayor Lee Harris on Nov. 18. (more…)
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20
Dec
Memphis Business Journal; Memphis-Area Trucking Companies
Memphis Business Journal; Memphis-Area Trucking Companies The Memphis Business Journal named IMC Companies as a leader in Memphis-area Trucking Companies. Companies are ranked by the number of local full-time employees. In 2018, IMC Companies employs 505 local employees (1,900 employees […]
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20
Dec
Memphis Business Journal: Top Intermodal Firms: The Memphis Business Journal
The Memphis Business Journal named IMC Companies as the top leader in Memphis-area Intermodal Firms. Companies are ranked by the number of containers moved locally. In 2018, IMC Companies moved 161,976 containers in the Memphis area including Shelby, Tipton, and […]
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20
Dec
Intermodal Trucking Sees 2020 As Year Of Tough Laws, Cost Increases
Intermodal and drayage carriers are winding down a year that for many meant only modest growth in container trucking. On the international side, the National Retail Federation projected another record year for U.S. container imports, but it would amount to only a 1% increase in volumes over 2018. Domestic rail containers, meanwhile, saw a steeper drop of 4% from 2018.
As the industry looks toward 2020, there is hope among intermodal executives that container volumes will keep growing, albeit much of the growth may be in certain regions and for specific goods. Likewise, intermodal carriers want to see more done on the maritime link in the supply chain to improve efficiency. For its own part, container trucking will have to wrestle with a slew of regulations and cost increases that will require them to be more efficient as well.
Here are some views on how 2020 will shake out for intermodal.
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20
Dec
IMC Companies Awarded “Best In Benefits” In The Mid-South
Memphis-based IMC Companies once again received the Best in Benefits Award at a recent Lipscomb & Pitts Insurance event. The award recognizes employers who offer the best benefit plans relative to their peers. Using medical plan designs, premiums, and contributions […]
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20
Dec
IMC Companies Acquires TRANSInternational System
IMC Companies, a national leader in intermodal logistics announced that, effective October 18, it acquired TRANSInternational System, an industry leader founded in 1973.
“I am impressed with TRANSInternational’s leadership, history, services, values and team members,” said Mark H. George, Chairman of IMC Companies. “I look forward to welcoming their team into our family of brands.”
IMC Companies will be merging TRANSInternational System’s operations into Ohio Intermodal Services, Intermodal Cartage Company, DNJ Intermodal Services and Atlantic Intermodal Services. (more…)
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18
Dec
BNSF’s Chicago intermodal depot regains flow after operational shift
Truck turn times have returned to normal in BNSF Railway’s Lot 16 outside of Chicago following the railroad’s transferring control of the lot in November to a private company with several locations in the market.
The lot is a depot where drivers return empty ocean containers after beneficial cargo owners (BCOs) unload the contents. It does not handle domestic containers. Although it’s not a haul that many consider, delays in returning an ocean container can lead to detention penalties and drivers completing fewer jobs per day. That eventually causes other BCOs to be billed for terminal demurrage — also called rail storage fees.
The solution was to bring in DNJ Intermodal Services to take over operations in Lot 16; the company runs chassis and container depots elsewhere in Chicago.
BNSF announced in January 2019 that empty ocean containers had to be returned to Lot 16 rather than Logistics Park Chicago (LPC), its main terminal in Elwood, Illinois. Problems started immediately, with lines extending onto adjacent streets. Drayage providers told JOC.com drivers would sometimes wait for an hour only to discover the lot wouldn’t accept the empty. Ocean carriers are supposed to remove boxes in a timely fashion, but sometimes they exceed their storage cap so the terminal refuses to take more. (more…)
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11
Dec
Container Tracking Innovations: 3PL Adoptions and Implementations
One of the challenges for North America’s intermodal industry over the years is the ability to accurately track and report a container’s status while it is in transit.
And while that has traditionally left third-party logistics companies at a disadvantage compared with other modes of transport that utilize GPS-enabled cargo and equipment-tracking sensors, intermodal has taken steps in recent years to catch up.
3PLs, in particular, have been able to greatly improve their operations and shipment visibility thanks in part to cloud-based software and database platforms, as well as the emergence of web-enabled devices that collect, send and act on data they acquire from their surrounding environments using embedded sensors, processors and communication hardware, technology commonly know as the Internet of Things, or loT.
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05
Nov
USA: truckload carrier expands its intermodal footprint
The American intermodal logistics provider IMC has acquired Ohio-based TRANSInternational Systems. The family-run intermodal transportation company has nine intermodal freight locations across the USA, including cities like Chicago, Atlanta, Cleveland, and Memphis. IMC will merge TRANSInternational’s operations into several of […]
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01
Nov
Industry leader – and Memphis-based company – adds Ohio firm to its family
A Memphis-area truckload carrier is continuing to grow its national footprint.
IMC Cos., a national leader in intermodal logistics, announced it acquired Ohio-based TRANSInternational System, effective Oct. 18. TRANSInternational, a family-run intermodal transportation company, was founded in 1973 by Jack Stewart, according to its website. It has nine intermodal freight locations across the U.S., including one in Memphis.
IMC will merge TRANSInternational’s operations into several of its companies: Ohio Intermodal Services, Intermodal Cartage Company, DNJ Intermodal Services, and Atlantic Intermodal Services. (more…)
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