Big Lift adds CMO and VP of Sales to its management team
Today, Big Lift, LLC announced the appointment of Martin Boyd as Chief Marketing Officer and Jason Dunigan as Vice President of Sales for its Big Joe and EP North America brands. Dunigan started this week, and Boyd will begin in January 2025. These executive positions will support the company in its many objectives, including a strong focus on expanding its leadership in lift truck electrification. “Big Lift has a clear focus on where our products will best serve our customers moving into 2025 and beyond, and the addition of both Martin and Jason to our team will help us be better positioned for success,” said Dan Rosskamm, President of Big Lift. “As the industry shifts to modernize warehouse equipment, these most recent executive appointments will help us continue to provide cleaner, more efficient technology that makes today’s supply chain run smoothly. We welcome them to the Big Lift brands and look forward to working together for the success of our company.” With more than 30 years in the material handling industry, Boyd will lead all marketing functions for both brands. Before Big Lift, he worked with major OEMs such as Hyster-Yale Group, Cascade Corporation, and Toyota Material Handling, holding leadership positions in engineering, technical service, product management, and marketing. As Big Lift’s newest addition to the senior executive team, Boyd will utilize his experience to strengthen the Big Joe and EP brands in the North American market. His customer-centric passion will ensure the company’s resources are focused on delivering the right solutions based on market trends. As Vice President of Sales for Big Lift, Dunigan will lead both brands’ national account and dealer development teams. He comes to Big Lift with more than 25 years of sales management experience, more than 20 of which focused on the industrial forklift industry. Dunigan is a US Army Veteran who most recently worked with KION North America, where he was instrumental in increasing Linde’s market share in North America by transforming the Key Account Department and developing partnerships with distribution channel partners.
Port of Long Beach sees strongest September on record
Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busiest quarter on record. Shippers continued to move goods ahead of a labor contract deadline for seaports on the East and Gulf coasts, which resulted in a three-day strike at the start of October. Dockworkers and terminal operators moved 829,499 twenty-foot equivalent units last month, up just 70 TEUs from the previous record set in September 2023. September also marked the Port’s fourth consecutive monthly year-over-year cargo increase. Imports increased 2% to 416,999 TEUs, exports declined 12.8% to 88,289 TEUs, and empty containers moving through the Port rose 1.5% to 324,211 TEUs. “We have plenty of room across our terminals as the peak shipping season drives a record amount of cargo through this critical gateway for trans-Pacific trade,” said Port of Long Beach CEO Mario Cordero. “We are anticipating continued growth through the rest of the year as retailers stock the shelves for the winter holidays.” “Our ability to work with industry and workforce partners allows us to move large volumes of cargo reliably, quickly, and sustainably,” said Long Beach Harbor Commission President Bonnie Lowenthal. “Additionally, we continue to deliver strong customer service to meet the needs of consumers and the national supply chain.” The Port moved 6,917,373 TEUs during the first nine months of 2024, up 18.8% from last year. It was also the Port’s busiest quarter overall, with 2,625,747 TEUs moved between July 1 and Sept. 30, breaking the previous record set during the second quarter of 2022 by 78,628 TEUs. For complete cargo numbers, visit polb.com/statistics.
TAPPI/AICC’s 2024 Box Manufacturing Olympics winners
Arvco Container Corp awarded the Attendees’ Choice Award by SuperCorrExpo® attendees The winners of the second TAPPI/AICC Box Manufacturing Olympics (BMO) were announced at the recent SuperCorrExpo® in Orlando. Winners of the first, second and third place awards, as well as honorable mentions for each category, were announced on Monday, September 9. The Best of the Industry for both the Structure and Printing categories, as well as the Attendees’ Choice Award winner, were announced prior to the final Keynote Address by NFL Hall of Famer Cris Carter on Thursday morning. Arvco Container Corp. won this year’s Attendees’ Choice Award for its custom food tray entries, including one that was shaped like a football stadium. Their entry also earned the judges’ first place award in the Corrugated Structure, Innovative Structural Design – Consumer Focus category. Vanguard Companies won the Best of Industry – Corrugated Printing prize for a PopSockets Grip & Go Target endcap display. The display also won the judges’ first place in the category. Peachtree Packaging & Display won the Best of Industry – Corrugated Structure prize for their BODYARMOR Stadium. The entry also earned first place in the Corrugated Structure, Floor Displays & Standees – No Product category. First held at SuperCorrExpo® in 2021, BMO is a combination of TAPPI’s CorrPak Competition and AICC’s Design Competition. The panel of judges evaluated entries on a number of levels, including design, quality, graphic excellence, technical difficulty and innovative application, among others. Nineteen companies and one packaging school participated in this year’s BMO for a total of 66 entries across all 41 categories. Royal Containers Ltd. and Peachtree Packaging & Display both earned five medals in the competition. The competition was open to all TAPPI and AICC members from around the globe who produce corrugated, rigid box and folding cartons, as well as their suppliers. Packaging schools and universities were also invited to participate in the competition. The competition was judged by a panel of 15 industry experts representing the diverse fields and industries of corrugated, folding carton and rigid box. The judges, led by the Box Manufacturing Olympics Chairman Colten Freeze, Bennett Packaging, had a combined 537 years of industry experience and most had previously judged other industry competitions. Freeze was assisted by outgoing Chairman Cordes Porcher, retired, who oversaw the 2021 BMO and had served as TAPPI’s CorrPack Chair for many competitions.
NOBLELIFT® opens a new facility in Korea
NOBLELIFT Opens New Facility in Korea and has a Grand Opening Ceremony. On September 25th, NOBLELIFT celebrated the official opening of its Korean subsidiary in Gyeonggi-do, marking a significant milestone in its international expansion. The ceremony was attended by COO Mr. Andy Liu and CEO of the Korean subsidiary, Mr. Kay Kang. In his opening remarks, Mr. Liu acknowledged the invaluable support from partners and customers, announcing the construction of NOBLELIFT’s fifth factory and the Shanghai International Headquarters in China. This investment underscores the company’s commitment to enhancing its brand through collaboration and innovation. Mr. Kay Kang confidently assured attendees that the new subsidiary, backed by NOBLELIFT’s headquarters, is well-positioned to meet and exceed customer expectations with a robust, locally tailored service support system. NOBLELIFT’s entry into Korea introduces MEWPs and forklifts, along with its technology in AGVs and automated warehousing solutions. Dedicated to innovation, quality, and customer service, NOBLELIFT continues to offer advanced material handling solutions aimed at enhancing global logistics efficiency.
Episode 529: GEODIS’ strategic approach to warehouse innovation
Welcome to this episode of The New Warehouse Podcast, where our guest is Andy Johnston, Senior Director of Innovation at GEODIS, a global leader in end-to-end supply chain solutions. Andy shares his insights on the company’s disciplined approach to warehouse innovation, a key topic for those navigating today’s fast-evolving supply chain landscape. As one of the fastest-growing 3PL companies, GEODIS leverages cutting-edge technologies to address the most pressing challenges in warehousing, from labor shortages to automation. Tune in to discover how GEODIS is pushing productivity and operational efficiency boundaries. GEODIS’ Journey to Innovation Leadership GEODIS has always been at the forefront of warehouse innovation, with Andy Johnston playing a pivotal role in shaping their strategy. Reflecting on his 12-year journey with the company, Johnston highlights how the rise of e-commerce catalyzed the need for innovation. “E-commerce was the big catalyst,” Johnston recalls. “We went from picking cases and pallets to picking individual items, and orders multiplied significantly.” This shift demanded a new approach, and GEODIS has partnered with leaders in automation to tackle these challenges head-on. The Role of Automation in Modern Warehousing Automation has become indispensable in the warehousing industry. GEODIS has consistently invested in automation to enhance efficiency and meet the growing demands of e-commerce. As Johnston explains, “We’ve partnered with robotics companies like Locus and Vecna to streamline processes and improve productivity.” One significant advantage of automation is reducing training times. “We’ve cut training from weeks to days, especially during peak periods, which is a game-changer for our customers,” he adds. This focus on operational speed ensures GEODIS can fulfill orders faster, keeping up with consumer expectations. Addressing Labor Challenges Through Technology Labor availability remains a significant challenge for the industry, but GEODIS has found ways to address it through technology. Johnston explains that by incorporating cutting-edge robotics, GEODIS enhances productivity and makes jobs more engaging and sustainable. “By allowing our teammates to work with technology, we’re making their jobs easier and more fulfilling,” he notes. This human-centric approach helps retain valuable talent and ensures GEODIS meets its operational goals while fostering a better workplace environment. Key Takeaways E-commerce as a Catalyst: The transition from case-picking to individual items has fundamentally changed how warehouses operate, driving the need for warehouse innovation. Automation’s Impact: By leveraging advanced robotics, GEODIS has significantly cut training times and boosted productivity, helping the company keep pace with increasing consumer demand. Labor Strategy: GEODIS’ human-centered approach to technology addresses labor shortages and improves job satisfaction and retention. The New Warehouse Podcast Episode 529: GEODIS’ Strategic approach to warehouse innovation
Raymond West now selling DriveMod Tuggers
Cyngn announced the expansion of its dealer network to include Raymond West. A leading distributor and integrator of intralogistics solutions, Raymond West will begin selling Cyngn’s autonomous DriveMod Tugger. The autonomous tugger integrates Cyngn’s AV technology with Motrec’s MT-160. Cyngn Inc. has announced the expansion of its dealer network to include Raymond West. Raymond West will begin selling Cyngn’s autonomous DriveMod Tugger. The autonomous tugger integrates Cyngn’s AV technology with Motrec’s MT-160. “With 21 branches across the West Coast, Raymond West is an impressive company. It boasts more than $800 million in annual revenue — and we are excited to be able to add Cyngn’s autonomous vehicles to their catalog,” said Lior Tal, CEO of Cyngn. “Motrec’s industrial vehicles are known for high towing capacity and reliability. We are excited to equip Raymond West with the tools and training needed to offer our self-driving industrial vehicles to their customers. Their success is integral to our success.” Raymond West’s decision to join Cyngn’s Dealer Network came after a successful summit hosted at Cyngn’s Menlo Park headquarters, where key decision-makers experienced the company’s autonomous mobile robots (AMRs) firsthand. “We’ve identified several customers who stand to gain immensely from the DriveMod Tugger,” stated Marc Breton, Vice President of Sales at Motrec. “Autonomous industrial vehicle technology is revolutionizing manufacturing and logistics facilities, and the positive feedback from our sales channels confirms that automating a high-tow capacity vehicle like the MT-160, renowned for its quality, is a game-changer.”
Women In Trucking Association announces finalists for 2024 Influential Woman in Trucking Award
Today, the Women In Trucking Association (WIT) announced three finalists for the 2024 Influential Woman in Trucking award, sponsored by Daimler Truck North America (DTNA), a manufacturer of Class 6-8 commercial vehicles in North America. This award was developed in 2010 to recognize female leaders and to attract and advance women in the trucking industry. The award highlights the achievements of female role models and trailblazers in the trucking industry. The 2024 Influential Woman in Trucking Award finalists are: Lisa Gonnerman, Vice President of Enterprise Services, TA Dedicated Sheri Aaberg, Chief Operating Officer, Transport Enterprise Leasing Tracy Rushing, Executive Director of Safety, RE Garrison Trucking, Inc. Lisa Gonnerman is a seasoned professional with over 32 years of experience in trucking, leading safety and operations and playing an instrumental role in shaping safety practices and policies nationwide. Currently serving as Vice President of Enterprise Services with TA Dedicated, Gonnerman excels in safety leadership and mentorship. She has held influential positions throughout her career, including serving as the National Chair of the American Trucking Association (ATA) Safety Management Council from 2019 to 2021 and being named ATA National Safety Director of the Year in 2016. Beyond ATA, Gonnerman is the current chair of the Minnesota Safety Council leadership team and past safety conference chair. Her participation in key industry bodies, like the Commercial Vehicle Safety Alliance (CVSA) and the FMCSA’s CSA subcommittee, further emphasizes her leadership. Gonnerman advocates for a culture of safety and is passionate about mentoring future leaders, especially women in trucking. An active member of Women in Trucking, she continues to inspire others while positively impacting her community through her involvement with organizations like Make-A-Wish. Sheri Aaberg excels at creating organizations where people matter, where they are challenged, and where they have the opportunity to grow. The culture Aaberg has created while leading companies in the trucking industry for the past 24 years is one of excellence in performance, customer service, and team development. As the Chief Operating Officer of Transport Enterprise Leasing, LLC (“TEL”), Aaberg and her vision have been instrumental in the company’s growth and operating excellence since she joined TEL in 2014. She has overseen the development of processes and organizational structures that have been key to the firm’s success. Under her guidance, TEL’s lease portfolio has grown from 1,200 truck and trailer assets on lease to more than 9,300 vehicles. Employee headcount has grown exponentially, and TEL has expanded from its Chattanooga headquarters to a second location, an equipment reconditioning and remarketing facility in Indianapolis, Indiana. Aaberg has served on the board of the Used Truck Association and is a Heavy Truck Blue Book Advisory Committee member. Her speaking presentations have included engagements with the Truckload Carriers Association, Used Truck Association Conventions, TruckPaper forums, and Blue Book seminars. Through her leadership and executive sponsorship, Transport Enterprise Leasing has joined and become active in national and state-level trucking associations. Tracy Rushing began her career nearly 30 years ago in Forest, Mississippi, weighing trucks and calculating driver timesheets. Since then, she has advanced through various roles in the transportation industry, learning safety management, FMCSA Regulations, and driver relations. In 2022, she joined RE Garrison Trucking as the Executive Director of Safety, overseeing the safety, recruiting, and orientation teams. Rushing is an active member of the Society of Human Resources Management (SHRM), Truckload Carriers Associations (TCA) and the Safety & Maintenance Management Council of the Alabama Trucking Association (SMMC). She serves on the Risk Management Advisory Committee of the ATA Comp Fund (RMAC), the Women in Trucking Membership Committee (WIT) and as the chair of the Truckload Carriers Association’s (TCA) Safety, Recruiting and Retention Committee. Rushing has earned certifications from the North American Transportation Management Institute (NATMI) as a Certified Director of Safety (CDS) and as a NATMI Instructor. In 2023, she was honored as the Alabama Safety Director of the Year Runner-Up. Faith and family have been her strength and motivation throughout her career. She is enthusiastic about mentoring and supporting women in trucking, believing strongly in their contributions to this vital industry. The award finalists will participate in a panel discussion at the WIT Accelerate! Conference & Expo held in Dallas, Texas, November 10 – 13, 2024. The winner will give a HERstory speech following the panel discussion.
August Manufacturing Technology Orders fall short of 2023; Outlook optimistic for remainder of 2024
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $360.8 million in August 2024. These orders for metalworking machinery increased 22.7% from July 2024 but fell 12% short of August 2023 orders. Year-to-date orders reached $2.81 billion, a decline of 11.5% compared to the first eight months of 2023. While orders continue to lag behind those placed in 2023, the level of order activity remains above historical levels. August 2024 orders are 3.8% above those placed in a typical August. This trend indicates the industry is still undergoing a period of normalization following the COVID disruptions rather than an actual decline. Historically elevated capacity utilization rates across durable goods manufacturers indicate a genuine need for additional investment in manufacturing technology. Contract machine shops, the largest manufacturing technology customers, increased the number of units ordered and the value of their orders for the first time since March 2024. This growth in a key customer segment is a welcome sign after a sluggish July, which saw the lowest value of orders since May 2020 and the fewest units ordered since July 2010. Since job shops typically absorb elevated capacity needs from OEMs, this buying trend indicates that production could continue to grow. Manufacturers in the aerospace sector increased the value of their orders by 13% from July to August 2024, but the number of units increased by nearly 27% at that same time. This indicates their purchases are for additional capacity, which is confirmed by the sector’s persistently rising capacity utilization rates. While machinery orders from aerospace parts manufacturers have been strong in the past few months, the ongoing strike of Boeing machinists has the potential to dampen this demand. It would be tempting to compare this to the 2023 United Autoworkers strike, which almost had no impact on manufacturing technology orders from the automotive sector. However, the automotive industry had already been pulling back orders at that time after a historically elevated buying cycle over the summer of 2023. Additionally, capacity utilization rates were falling, and inventories were growing leading into the strike. The aerospace sector is in a decidedly different position, with increased orders, a buying cycle on an upswing, and capacity utilization rising for the past three years. Only time will tell how the Boeing strike could impact machinery orders. Although August 2024 orders fell short of those placed in 2023, the outlook for the remainder of the year remains optimistic. The electric atmosphere at September’s IMTS, the largest manufacturing technology trade show in the Western Hemisphere, was a welcome sign that manufacturers need additional capacity as well as solutions to improve quality and efficiency. With the upcoming U.S. presidential election and the Federal Reserve beginning to reduce interest rates and signaling additional reductions, two of the major issues giving pause to further capital investment will be alleviated by year’s end. Given these factors and the coming expiration of bonus depreciation of capital equipment, the momentum of order activity in the last four months of 2024 will likely accelerate. It could carry over into 2025, as forecast by experts at AMT’s annual MTForecast conference. # # # The United States Manufacturing Technology Orders (USMTO) Report is based on the totals of actual data reported by companies participating in the USMTO program. This report, compiled by AMT – The Association For Manufacturing Technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity. USMTO.com.
Episode 528: Streamlining Inventory and Warehouse Management with Cin7
In this episode of The New Warehouse Podcast, Ajoy Krishnamoorthy, CEO of Cin7, discusses how their platform transforms operations by integrating software solutions for inventory, order, and warehouse management. Cin7’s mission is to streamline processes and foster a better workplace culture by simplifying software systems for their users. The conversation dives into how Cin7’s powerful integrations, efficient onboarding, and broad platform capabilities can eliminate operational silos, ensuring visibility and control over supply chain functions. Streamlining Inventory with Unified Platforms A significant challenge in the supply chain is operating without visibility across different systems. Cin7 aims to fix that. Ajoy explains, “Our customers come to us over ERP because it’s super easy to onboard.” Cin7’s platform offers comprehensive solutions, integrating over 700 systems like Shopify, Amazon, and QuickBooks to ensure smooth workflows and real-time data alignment. This level of integration helps eliminate guesswork in supply chain operations, allowing teams to stay synchronized and efficient. Optimizing Warehouse Efficiency Through Streamlined Processes Warehouse efficiency often hinges on clear visibility and intuitive processes. Ajoy points out that Cin7’s platform allows users to set up various picking mechanisms, such as batch or zone picking, which can drastically reduce the time spent on order fulfillment. He notes, “The purpose of good software is to make the user a superhero.” By ensuring that employees can find products quickly and with confidence, Cin7 enhances both employee satisfaction and operational efficiency. Leveraging Data to Drive Smarter Decisions Cin7 doesn’t just uncover inefficiencies; it actively helps businesses address them. Ajoy shares results from a recent cohort, “Our average customers in that 30 cohort had $500,000 in overstock.” Cin7’s inventory forecasting tools analyze sales patterns and supplier lead times to predict demand more accurately. Ajoy elaborates on how Cin7 tackles overstock issues, explaining, “We’re now starting to surface that information up to our customers to get them to be smarter regarding replenishment.” This approach helps businesses avoid unnecessary reorders and direct their capital toward products in demand, ultimately reducing overstock and stockouts. Key Takeaways Cin7 eliminates operational silos by integrating inventory, order, and warehouse management on one platform. The platform’s efficiency tools, like batch and zone picking, enhance employee productivity and operational speed. Data-driven insights help companies avoid costly overstock and stockouts, leading to better financial outcomes. The New Warehouse Podcast EP 528: Streamlining Inventory and Warehouse Management with Cin7
IRS provides Hurricane Milton relief; May 1 deadline now applies to individuals and businesses in all of Florida; many businesses qualify for deposit penalty relief
The Internal Revenue Service today announced relief for individuals and businesses in 51 counties in Florida due to Hurricane Milton. Individuals and businesses in six counties that previously did not qualify for relief under either Hurricane Debby or Hurricane Helene will receive disaster tax relief beginning Oct. 5, 2024, and concluding on May 1, 2025. They are Broward, Indian River, Martin, Miami-Dade, Palm Beach, and St. Lucie. In addition, individuals and businesses in 20 counties previously receiving relief under Debby but not Helene will receive disaster tax relief under Hurricane Milton from Aug. 1, 2024, through May 1, 2025. They are Baker, Brevard, Clay, DeSoto, Duval, Flagler, Glades, Hardee, Hendry, Highlands, Lake, Nassau, Okeechobee, Orange, Osceola, Polk, Putnam, Seminole, St. Johns, and Volusia counties. As a result, affected taxpayers in all of Florida now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments, including 2024 individual and business returns normally due during March and April 2025 and 2023 individual and corporate returns with valid extensions and quarterly estimated tax payments. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Individuals and households that reside or have a business in any one of the localities listed above qualify for tax relief. The current list of eligible localities is always available on IRS.gov’s Tax Relief in Disaster Situations page on IRS.gov. Filing and payment relief Hurricane Milton-related tax relief postpones various tax filing and payment deadlines that occurred beginning on Oct. 5, 2024, and ending on May 1, 2025 (postponement period). As a result, affected individuals and businesses will have until May 1, 2025, to file returns and pay any taxes that were originally due during this period. This means, for example, that the May 1, 2025, deadline now applies to: Any individual or business with a 2024 return is normally due in March or April 2025. Any individual, C corporation, or tax-exempt organization with a valid extension can file their calendar year 2023 federal return. The IRS noted, however, that payments on these returns are not eligible for the extra time because they were due last spring before the hurricane occurred. 2024 quarterly estimated tax payments are normally due on Jan. 15, 2025, and 2025 estimated tax payments are normally due on April 15, 2025. Quarterly payroll and excise tax returns are normally due on Oct. 31, 2024, Jan. 31, 2025, and April 30, 2025. In addition, for localities affected by Hurricane Milton, penalties for failing to make payroll and excise tax deposits due on or after Oct. 5, 2024, and before Oct. 21, 2024, will be abated as long as the deposits are made by Oct. 21, 2024. Localities eligible for this relief are Alachua, Baker, Bradford, Brevard, Broward, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, Gilchrist, Glades, Hamilton, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lafayette, Lake, Lee, Levy, Madison, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putman, Sarasota, Seminole, St. Johns, St. Lucie, Sumter, Suwannee, Taylor, Union and Volusia counties. Deposit penalty relief and other relief were previously provided to taxpayers affected by Debby and Helene. For details, see the Florida page on IRS.gov. The Disaster Assistance and Emergency Relief for Individuals and Businesses page also has details and information on other returns, payments, and tax-related actions qualifying for relief during the postponement period. The IRS automatically provides filing and penalty relief to taxpayers with an IRS address of record in the disaster area. These taxpayers do not need to contact the agency to get this relief. It is possible that an affected taxpayer may not have an IRS address of record located in the disaster area because they moved to the disaster area after filing their return. In these unique circumstances, the affected taxpayer could receive a late filing or late payment penalty notice from the IRS for the postponement period. The taxpayer should call the number on the notice to have the penalty abated. In addition, the IRS will work with any taxpayer who lives outside the disaster area but whose records are necessary to meet a deadline occurring during the postponement period and are located in the affected area. Taxpayers qualifying for relief living outside the disaster area must contact the IRS at 866-562-5227. This also includes workers affiliated with a recognized government or philanthropic organization who assist in relief efforts. Disaster area tax preparers with clients outside the disaster area can choose to use the Bulk Requests from Practitioners for Disaster Relief option, described on IRS.gov. Additional tax relief Individuals and businesses in a federally declared disaster area who suffered uninsured or unreimbursed disaster-related losses can choose to claim them on either the return for the year the loss occurred (in this instance, the 2024 return normally filed next year) or the return for the prior year (the 2023 return filed this year). Taxpayers have extra time – up to six months after the due date of the taxpayer’s federal income tax return for the disaster year (without regard to any extension of time to file) – to make the election. For individual taxpayers, this means Oct. 15, 2025. Be sure to write the FEMA declaration number – 3622-EM – on any return claiming a loss. See Publication 547, Casualties, Disasters, and Thefts, for details. Qualified disaster relief payments are generally excluded from gross income. In general, this means that affected taxpayers can exclude from their gross income amounts received from a government agency for reasonable and necessary personal, family, living, or funeral expenses, as well as for the repair or rehabilitation of their home or for the repair or replacement of its contents. See Publication 525, Taxable and Nontaxable Income, for details. Additional relief may be available to affected taxpayers participating in a retirement plan or individual retirement arrangement (IRA). For example, a taxpayer may be eligible to take a special disaster distribution that would not be subject to the additional 10% early distribution tax, allowing the taxpayer to spread the income over three
ALAN HURRICANE MILTON SITUATIONAL REPORT: Thursday, October 10, 2024
American Logistics Aid Network is mobilized for Hurricane Milton. As part of our response efforts, we are committed to providing you with the latest information and updates on supply chain impacts via our periodic Situation Reports, which can be found below in this email and on our website. ALAN has been improving logistics response to disasters for 19 years, and the need is greater now than ever. Please donate today to help us continue our work for many more years to come. ACTIVATION UPDATE As Floridians struggle with the aftermath of Hurricane Milton, the American Logistics Aid Network (ALAN) has begun supporting relief efforts and reminding members of the supply chain community that sharing their logistics know-how, space, equipment, and services is one of the most vital ways they can help. “The devastation Hurricane Milton and its many tornadoes have caused is heartbreaking. We mourn for those who have lost family members, pets, and homes, and we are already working hand-in-hand with various non-profit partners to deliver help,” said Kathy Fulton, ALAN’s Executive Director. ALAN received its first request for Hurricane Milton-related logistics assistance earlier this week. In the coming weeks, Fulton anticipates it could receive dozens more, just as it has since Hurricane Helene struck various parts of the Southeast two weeks ago. “During the first 48 to 72 hours after a hurricane, most of the work on the ground is focused on search and rescue efforts,” Fulton said. “Because of this, ALAN usually doesn’t receive the first substantial wave of donated logistics requests until after that, when humanitarian organizations can get in, conduct their initial assessments, and determine what’s most needed.” “We know that can be frustrating for organizations that want to do something tangible as soon as possible. But we hope they will still be willing to provide their logistics help when the need arises, whether it’s in a few days, a few months – or even beyond that,” Fulton added. ALAN encourages organizations interested in joining its Hurricane Milton relief efforts to visit its Disaster Micro-Site at https://www.alanaid.org/operations/ frequently in the weeks and months ahead. That’s where ALAN will post any unfilled requests and currently features several open needs for Hurricane Helene and other ongoing disaster relief efforts. Those who wish to help ALAN by making a financial contribution instead can do so by going to https://www.alanaid.org/donate/. “Logistics professionals may not be first responders, but ensuring that relief supplies reach those in need is indeed a life-saving activity,” Fulton said. “We’re thankful to be part of a community that can play such a meaningful role under the most challenging of circumstances.” Please read the full news release, along with ALAN’s Ten Post-Hurricane Relief Takeaways, on the Breaking News section of our website. ITEMS OF INTEREST PSEMA Hurricane Milton Coordination Call via Zoom daily at 4 pm EDT Join Zoom Meeting https://us02web.zoom.us/j/86737741797?pwd=hAg1zTWdsbHKYRvnWIbbMAyKuJNWyZ.1 Meeting ID: 867 3774 1797 Passcode: 106474 FEDERAL EMERGENCY DECLARATIONS President Biden approved an Emergency Declaration for the Seminole Tribe of Florida on October 8, 2024, in preparation for Hurricane Milton’s impacts. President Biden approved an Emergency Declaration for Florida on October 7, 2024, in preparation for Hurricane Milton’s impacts. STATE EMERGENCY DECLARATIONS Florida Department of Health Surgeon General issued Emergency Order No. 24-003 on October 8, 2024, suspending statutes, rules, and orders pursuant to Executive Order 24-214 made necessary by Hurricane Milton. Waivers related to procurement, emergency medical licensure requirements, practitioner licensure requirements, prescription drug monitoring reporting, and mobile pharmacies. Florida Governor DeSantis issued Executive Order 24-215 on October 6, 2024, amending Executive Order 24-214. Florida Governor DeSantis issued Executive Order 24-214 on October 5, 2024, in preparation for Tropical Storm Milton’s impact on Florida. ACTIVE TRANSPORTATION WAIVERS Title: Florida Commissioner of Agriculture Simpson issued Executive Order 2024-016, suspending Florida Statutes relating to liquid fuel Effective: 10/08/24 | Expires on: 12/08/24 Description: Pursuant to Executive Order 2024-015, suspension of sections of Florida Statutes 527.0201, 527.021, 527.04, and 527.11, only for persons performing work of Category I Liquified Petroleum Gas Dealers in furtherance of emergency recovery efforts directly related to Hurricane Milton. Title: Florida Commissioner of Agriculture Simpson issued Executive Order 2024-015, suspending Florida Statutes relating to liquid fuel Effective: 10/07/24 | Expires on: 12/07/24 Description: Pursuant to Executive Order 2024-015, suspension of sections of Florida Statutes 526.02, 526.04, 526.05, and 526.07, relating to the sale, offer for sale, delivery, distribution, or storage of liquid fuels; all other provisions of chapter 526, Florida Statutes, shall remain in effect. Title: FMCSA Regional Emergency Declaration No. 2024-008 and Extension of Emergency Declarations Pursuant to 49 CFR 390.23 and 390.24 Effective: 10/04/24 | Expires on: 10/27/24 Description: The United States Department of Transportation (USDOT), Federal Motor Carrier Safety Administration (FMCSA) declares that an emergency exists that warrants the issuance of a Regional Emergency Declaration and extension of emergency declarations issued by State Governors to continue emergency relief granted from certain regulatory requirements in Parts 390-399 of the Federal Motor Carrier Safety Regulations (FMCSRs). This Declaration is in response to Hurricane Helene and its effects on people and property, including immediate threats to human life, public safety, and public welfare from heavy rains, strong winds, storm surge, high surf, and flooding. This declaration addresses the emergency conditions that create a need for immediate transportation relating to the restoration of essential supplies and services and provides necessary relief. Affected States included in this Declaration are Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. The Presidential Declarations issued provide regulatory relief for up to 30 days of emergency relief from Federal regulations in 49 CFR 390 through 399. FMCSA issuing this Declaration and granting regulatory relief in accordance with 49 CFR 390.23 and 390.25, as set forth herein. Title: Florida Department of Transportation Secretary Perdue issued Emergency Order 24-12 Effective: 10/06/24 | Expires on: 10/21/24 Description: Pursuant to Executive Order No. 24-213, Secretary Perdue waives and suspends Florida Statutes 316.515(1-3), 316.535(1 and 3), 316.545(2 and 4), and 337.401(1)(a); and Rules 14-28.002(4 and 5), and 14-46.001(2) to allow for alternate size and weight restrictions on any vehicles transporting emergency equipment, services, supplies, or personnel, and agricultural commodities and citrus as recommended by Commissioner of Agriculture. Title: Florida Highway Safety and Motor Vehicle Executive Director issued Emergency Order
Forklift-International.com expands U.S. Market Presence, Celebrates major milestone with 150 dealer locations and over 10,000 equipment listings
Forklift-International.com, the online marketplace for material handling equipment, has announced a major milestone for its U.S. operations. The platform currently features over 10,000 forklifts, telehandlers, and other equipment from more than 150 dealer locations across North America. This achievement reflects the company’s rapid growth and its commitment to serving the needs of the U.S. material handling industry. “Reaching 150 dealer locations in the U.S. marks a significant step in our journey to becoming the most innovative marketplace for material handling equipment in North America,” said Chris Schmid, CEO of Forklift-International.com. “Our goal is to create the most efficient platform, where both dealers and buyers can easily find the right equipment to meet their needs.” With this rapid expansion, the marketplace allows U.S. dealers to showcase their inventory to a wide audience, providing buyers with a convenient and efficient way to find the right equipment. As part of its ongoing commitment to supporting dealers, Forklift-International.com continues introducing new tools and services to enhance the buying and selling experience further. “We are proud to offer over 10,000 pieces of equipment across the United States,” said Johannes Mueller, head of U.S. Business Development. “This milestone reflects the trust our dealers place in us, not only in terms of delivering leads but also in the numerous tools we provide to help them improve their daily operations.” Forklift-International.com’s growth is driven by a range of tools designed specifically for material handling dealers. These include inventory synchronization, lead generation, and easy quote management, all designed to streamline daily operations. Dealers can also take advantage of the app for iPhone and Android, which makes managing stock and creating quotes on the go effortless. The latest addition is a feature allowing dealers to showcase their inventory directly on their websites, complete with built-in SEO optimization to attract more local leads. By integrating these capabilities into one cohesive platform, dealers can maximize efficiency and manage their listings in less time, ultimately helping them drive more sales. To learn more about how your dealership can list your material handling equipment or if you want a no-obligation demonstration of the Forklift platform, email [email protected] or call 563 557-4495.
American Logistics Aid Network (ALAN) begins Post-Hurricane Milton response
“Right now, The ability for Logistics Professionals to get relief items stored, transported, organized, and delivered to disaster sites can be a game-changer.” As Floridians struggle with the aftermath of Hurricane Milton, the American Logistics Aid Network (ALAN) has begun supporting relief efforts and reminding members of the supply chain community that sharing their logistics know-how, space, equipment, and services is one of the most vital ways they can help. “The devastation Hurricane Milton and its many tornadoes have caused is heartbreaking. We mourn for those who have lost family members, pets, and homes, and we are already working hand-in-hand with various non-profit partners to deliver help,” said Kathy Fulton, ALAN’s Executive Director. ALAN received its first request for Hurricane Milton-related logistics assistance earlier this week. In the coming weeks, Fulton anticipates it could receive dozens more, just as it has since Hurricane Helene struck various parts of the Southeast two weeks ago. “During the first 48 to 72 hours after a hurricane, most of the work on the ground is focused on search and rescue efforts,” Fulton said. “Because of this, ALAN usually doesn’t receive the first substantial wave of donated logistics requests until after that, when humanitarian organizations can get in, conduct their initial assessments, and determine what’s most needed.” “We know that can be frustrating for organizations that want to do something tangible as soon as possible. But we hope they will still be willing to provide their logistics help when the need arises, whether it’s in a few days, a few months – or even beyond that.” ALAN encourages organizations that are interested in joining its Hurricane Milton relief efforts to visit its Disaster Micro-Site at https://www.alanaid.org/operations/ frequently in the weeks and months ahead. That’s where ALAN will post any unfilled requests it has – and where it currently features several open needs for Hurricane Helene and other ongoing disaster relief efforts. Those who wish to help ALAN by making a financial contribution instead can do so by going to https://www.alanaid.org/donate/ “Logistics professionals may not be first responders, but ensuring that relief supplies reach those in need is indeed a life-saving activity,” Fulton said. “We’re thankful to be part of a community that can play such a meaningful role under the most challenging of circumstances.”
Yale wins 2024 Green GOOD DESIGN Award for fully integrated lithium-ion lift trucks
Yale Lift Truck Technologies announces that the ERC050-060VGL series of lithium-ion-powered lift trucks has received a 2024 Green GOOD DESIGN® award. The line of 5,000- to 6,000-pound load capacity cushion tire lift trucks is designed to bring warehouse operations the benefits of factory-integrated lithium-ion power, including improved productivity, ergonomics, and zero emissions. While operations have traditionally utilized a battery box replacement to convert counterbalanced lift trucks from lead-acid to lithium-ion battery power, the ERC-VGL series is completely designed around a fully integrated, space-saving lithium-ion battery pack. This design helps free space in the operator compartment, combining ergonomic benefits with the advantages of lithium-ion technology—including zero emissions during operation and no off-gassing during the charging process—to maximize comfort, convenience, and performance. “The ERC050-060VGL is an example of our commitment to customer-driven design, helping warehouses not only meet sustainability targets but address critical labor and productivity challenges,” says Brad Long, Brand Manager, Yale Lift Truck Technologies. “Designing this truck around integrated lithium-ion power presented an opportunity to make significant changes to the operator compartment that make adopting this zero-emission technology even more appealing.” The slim form factor of the lithium-ion battery pack enables a lower floor plate, enabling more accessible entry and exit from the truck, with open space below the seat that gives operators more freedom to position their feet. It also allows additional headroom, accommodating a taller seat with air suspension for a more comfortable ride. Lithium-ion batteries charge faster and more simply than lead-acid alternatives – no maintenance, off-gassing, or watering is required. The ERC-VGL can fully charge in just over an hour and weigh less than the equivalent lead-acid-powered model, reducing energy consumption for extended run times in demanding applications. The Yale lineup of integrated lithium-ion lift trucks includes the award-winning ERP040VTL and ERP040VFL. The brand has won numerous awards for sustainability-friendly products, including 13 consecutive placements on a leading industry publication’s list of the top 75 green supply chain partners.
ZAPI GROUP to exhibit unparalleled range of Charging Solutions at The Battery Show North America 2024
ZAPI GROUP, a global provider of electrification headquartered in Italy, aims to grow North American awareness of its brand’s solutions at the upcoming Battery Show North America in Detroit (October 7-10). Technical personnel from ZIVAN Srl (ZIVAN), Delta-Q Technologies (Delta-Q), and ZAPI GROUP will feature and support the full range of ZAPI GROUP’s on-board (OBC) and off-board charging solutions, from 350 W to 36 kW, from ZIVAN Srl (ZIVAN), Delta-Q Technologies (Delta-Q), and ZAPI GROUP. “We are committed to delivering electrification enablement to our customers,” said Rod Dayrit, Global Director, Business Development for ZAPI GROUP’s charging solutions. “Our comprehensive charger lineup is designed for seamless integration with other electrification system components and battery technologies offered through our extensive partner network. With our global presence, we streamline sourcing, manufacturing, logistics, compliance, and OEM support across various industries, ensuring that our customers receive the best possible service no matter where they are.” The new 9 kilowatt ZIVAN-branded SG9 industrial charger will be displayed at the ZAPI GROUP booth 5622. This highly flexible off-board fast charger can be configured for various AC input sources for global deployment (single and three-phase voltages) and offers multiple charge voltages (36 to 96 volts DC) to support a wide array of battery packs. “We are thrilled to showcase our latest product, a portable, powerful, and ruggedized off-board charging solution, distinct in the market at The Battery Show North America,” said Simone Paterlini, Chief Operating Officer of ZIVAN. “The SG9 charger is IP-rated to withstand the harshest environments, providing portable high-power opportunity charging at construction and other outdoor industrial sites.” ZAPI GROUP invites The Battery Show attendees to booth 5622 to see the SG9 and explore its broader portfolio of battery charging solutions, including the recently released 3.3 kW onboard chargers offered under the Delta-Q and ZIVAN brands. The team will also showcase other electric drivetrain solutions, including motors and controllers. This event is an excellent opportunity for engineers, designers, and product managers to engage with our technical experts, discuss challenges, request samples, and explore ideas for their electrification.
Bobcat Company wins prestigious Red Dot Design Award for RogueX2 Concept
Bobcat Company has been selected as a Red Dot Award: Design Concept winner for RogueX2, an all-electric, fully autonomous concept loader. The Red Dot Design Award is one of the most respected design awards in the world. Its Design Concept category identifies and celebrates new design concepts and innovations as the precursors of tomorrow’s great products. “We are honored to win the world-renowned Red Dot Award for Design Concept in recognition of the groundbreaking design of the RogueX2,” said Joel Honeyman, vice president of global innovation at Doosan Bobcat. “This award is a testament to the dedication of the Bobcat teams, who are passionate about pushing design limits and advancing innovation to redefine the machines of tomorrow.” Key to the machine’s development was the Bobcat Global Design Studio, which supported the project in collaboration with the Bobcat Global Innovation team. On display at CES 2024, the RogueX2 is a powerful, smart machine that produces zero emissions. It features a lithium-ion battery, electric drive-actuated lift, and tilt kinematics, and no hydraulics. Specifically designed and built without a cab, RogueX2 explores the idea of how work machines of the future can be designed and optimized for new technologies and enable an entirely new work experience. Designed with wheels to optimize the electric battery run time, the RogueX2 features axial flux motors, which give the machine incredible tractive effort. The RogueX2 was built as a proving ground to advance Bobcat’s innovation leadership and has garnered many new patents pending. “To build a smarter, more sustainable, and connected future, we must ask the questions no one else has thought to ask before and invent new solutions that previously did not exist,” continued Honeyman. The award-winning RogueX2 is not commercially available in the research and development stage. The Red Dot Design Award is an annual international competition recognizing design and business excellence. With around 20,000 entries per year, it is one of the biggest design competitions in the world. The Design Concept category features projects in varying stages of development, from concepts to prototypes to almost fully developed products ready for market. For more information on the 2024 Red Dot Awards, visit www.red-dot.org.
HexcelPack to showcase expanded line of Eco-Friendly Packaging Solutions at PackExpo
HexcelPack, an innovator in paper-based protective packaging designed to replace bubble , air pillows, and other plastic or foam materials, is set to unveil a range of new sustainable packaging products at PackExpo International 2024. The company will debut its expanded lineup of cost-effective, eco-friendly solutions at Booth W-24105 from November 3-6 in Chicago. Among the featured products at this year’s show will be the AutoHexaFil™, a cutting-edge automatic dispensing system, a Wide Wrap™ version of HexcelPack’s signature HexcelWrap™ cushioning paper, Hexcel’ope, the company’s eco-friendly mailer, and new protective Hexcel Pads™. Key products highlighted at this year’s show include: AutoHexaFil™: HexcelPack’s fully automatic dispensing system for HexaFil™ void fill material. The AutoHexaFil™ machine uses a unique cutting technology, delivering sustainable void-fill material up to three times faster than traditional methods. The system is fully electric, operable via a foot pedal, and features a programmable screen for preset length dispensing. AutoHexaFil™ is adjustable to fit over packaging conveyors and includes wheels for mobility, providing a highly efficient and safe solution for high-volume packaging environments. Wide Wrap™: A new, wider version of HexcelPack’s HexcelWrap™, available in widths from 20” to 40” (unstretched). Ideal for larger and heavier items, Wide Wrap™ offers greater flexibility in protecting oversized products during shipping. It can be used with a tabletop brush dispenser or an orbital wrapper, making it a versatile solution for businesses looking to minimize waste while maximizing protection. Hexcel’Ope™: HexcelPack’s sustainable alternative to traditional bubble mailers. The Hexcel’Ope™ is made using the same patented slit-paper technology as HexcelWrap™, providing a curbside-recyclable solution for shipping that eliminates the environmental impact of plastic-based mailers. Hexcel Pads™: Offering superior protection for fragile items, Hexcel Pads™ are available in sizes up to 48” long and 16” wide, with three thickness options, including a double-layer version for enhanced crush protection. These pads provide reliable cushioning without the need for interior openings, making them ideal for a wide range of products. “We are very excited to have the opportunity to highlight and demo these eco-friendly innovations at PackExpo, showcasing our commitment to sustainable, cost-effective packaging solutions,” said Lorne Herszkowicz, Partner at HexcelPack. “In addition to our new products, we continue to invest in our operations with the expansion of our manufacturing footprint in 2025.”
Container market on the edge: Election uncertainty and global volatility to persist well into 2025
As we enter October 2024, the U.S. container trading market is experiencing heightened volatility due to several influencing factors. The recent strikes at East Coast ports, which began on October 1 and have since concluded, have left a lasting impact on supply chains while the focus shifts to the U.S. elections scheduled for November 5. ” The recent strikes may have ended, but the storm is far from over. With unresolved issues surrounding automation, we are on the brink of another disruption come January 2025.,” shared Christian Roeloffs, cofounder and CEO of Container xChange. Looking ahead, Roeloffs highlighted potential future challenges: “Given the unresolved issues around automation, I believe there are strong chances of another disruption in January. The unions strongly oppose any form of automation, and this unresolved matter raises the likelihood of another strike in January.” Roeloffs urged U.S. container traders to prepare: “As we approach the peak season and the Chinese New Year, expect another wave of frontloading as importers seek to secure cargo ahead of potential disruptions. Container traders should begin contingency planning now- —this includes securing inventory, diversifying supplier networks, and considering alternative shipping routes to mitigate delays. Proactive steps like these will be crucial for navigating the challenges anticipated in January.” Conversely, China is facing significant domestic challenges, with weak consumer spending and slowing income growth. While exports have shown resilience, broader economic concerns could impact supply chains, including a slowdown in domestic consumption and property investment. Reduced demand for goods within China, coupled with U.S. retailers and wholesalers holding considerable inventory, is creating a more challenging environment for container trading and leasing companies, as lower shipping volumes and excess container capacity put pressure on both demand and leasing rates. The Middle East is contributing to increased volatility in global container shipping, particularly in October 2024. Tensions have escalated between Israel and Iran, with Iran launching missiles at Israel and Hezbollah carrying out rocket attacks from Lebanon. These developments continue to disrupt operations in the Red Sea, where Houthi rebels are actively targeting vessels, intensifying shipping capacity strains with no immediate resolution in view. xCPSI Rises: Increased Expectations for Container Price hikes The Container Price Sentiment Index (xCPSI) for September and October indicates a notable rise in the number of supply chain professionals globally anticipating an increase in container prices. This expectation is driven by limited supply and steady demand. Country-level findings No impact of U.S. East Coast strikes on average container prices In September, average container prices in the U.S. remained relatively stable. However, on a global scale, Asia and Europe experienced the most significant price hikes, while the Middle East and the Indian Subcontinent (ISC) saw a 6% decline. An interesting development is that the Middle East experienced a 7% price surge in early October, indicating market volatility in that region. In China, average prices have consistently decreased, reflecting diminished factory output and reduced U.S. and European exports. Additionally, supply is still coming offline from container factories, contributing to the overall price decline. Region-wise average price development in September 2024 Currently, average container prices are highest in China, followed by the U.S. and then Europe. Prices have consistently fallen in both China and the U.S. while remaining relatively stable in Europe at a considerably lower level. What lies ahead for container traders in the U.S.? Key Factors influencing Q4 (Oct-Dec) 2024 container prices Impact of strikes and elections in November: Although the strikes have concluded, the possibility of renewed labor disputes in January 2025 is a concern. Additionally, the upcoming U.S. elections introduce uncertainty, as trade policies could shift significantly depending on the outcome. Demand-Supply Dynamics: In the short term, demand for U.S. containers appears stable. However, in the mid-to-long term, retailers and wholesalers are managing considerable inventory levels, which diminishes the need for significant imports unless demand significantly bounces. The extent of inventory refilling required for the next cycle—aligned with the Chinese New Year—will primarily depend on the performance of peak season demand in the U.S. Cyclic Nature of Demand in Q4: Traditionally, Q4 sees increased container demand due to the holiday season. While some stabilization in demand is anticipated as retailers work through their inventories, the full effects of peak season demand will likely become evident only in early 2025. Much will depend on how ongoing inventory adjustments unfold. Roeloffs stated, “U.S. retailers are managing significant inventory levels, but the real challenge lies ahead. As we enter the holiday season, the dynamics between demand and supply will shift dramatically, revealing whether these inventories can maintain a healthy market or indicate deeper issues.” Customer Insights Conversations with U.S. container traders reveal cautious optimism regarding improving market conditions should Trump win the elections, potentially leading to policy changes that favor trade growth. Conversely, many container traders express concerns about ongoing global trade uncertainties and the residual effects of labor disputes, particularly as negotiations with the International Longshoremen’s Association (ILA) may resume in January 2025. Will Frontloading Persist into Q4’24? As we near the end of 2024, the U.S. container trading market is characterized by a blend of uncertainties, from post-labor strike adjustments to peak season, hurricane threats, and upcoming elections. While supply remains tight, demand may experience significant fluctuations based on inventory levels, trade policies, and broader economic indicators. Traders and industry stakeholders should remain alert, especially with January 2025 negotiations on the horizon, reintroducing discussions about automation and future labor relations. “With the Chinese New Year as the next key shipping season and fears of another strike looming, we’re entering a critical phase for importers. The rush to secure cargo now could shape the market well into 2025. How we navigate this will define our resilience as an industry.” Concluded Roeloffs. 2025 Outlook Looking ahead to 2025, the U.S. container market will likely be shaped by the resolution of labor disputes and the broader geopolitical landscape. The outcome of the U.S. election will significantly influence trade and domestic fiscal policy, subsequently affecting container prices. The topic of automation will remain prominent,
SupplyOne expands Southeastern Region with acquisition of Gulf Packaging, Inc.
SupplyOne, Inc., a distributor of custom corrugated and value-added packaging solutions in North America, is strengthening its presence in the Southeast with the acquisition of Gulf Packaging, Inc. (“Gulf”). Gulf is a premier converter and supplier of custom corrugated boxes and displays serving Alabama, Florida, Georgia, Tennessee, Mississippi, and Louisiana. Founded in 1990, Gulf Packaging operates out of production facilities in Bay Minette and Tallassee, Alabama. The company produces a wide range of custom corrugated products with fast turnaround times and exceptional customer service. Gulf’s comprehensive offerings and commitment to quality have established it as a trusted partner for businesses across diverse industries in the Southeastern United States. “Welcoming Gulf Packaging into the SupplyOne family enhances our ability to deliver customized, high-quality packaging solutions to our customers in the Southeast and fills what was a large geographic opening for SupplyOne,” says Todd Renehan, president and CEO of SupplyOne. “Gulf’s reputation for excellence and customer-centric approach aligns perfectly with our mission to provide unparalleled service and innovative packaging solutions nationwide.” “As a privately owned company for over three decades, finding a partner that values our legacy of superior service and dedication to our employees was paramount,” says Larry Taylor, CEO of Gulf Packaging, Inc. “SupplyOne shares our commitment to customer satisfaction and offers the resources and support to expand our capabilities and reach across the country. We are excited about the opportunities this partnership brings to our customers and team members.” “Joining SupplyOne marks an exciting new chapter for Gulf Packaging,” says Paul Morris, President and General Manager of Gulf. “Their extensive network, industry expertise, and packaging supplies offering will allow us to enhance our services while maintaining the personalized attention our customers have come to expect. We look forward to continued growth and success as part of SupplyOne.” This acquisition represents the 42nd addition to the SupplyOne portfolio since its founding 25 years ago, reinforcing the company’s strategic growth and commitment to serving customers with comprehensive packaging solutions across North America.
AAR reports Rail Traffic for the week ending October 05, 2024
Today, the Association of American Railroads (AAR) reported U.S. rail traffic for the week ending October 5, 2024. This week’s total U.S. weekly rail traffic was 486,187 carloads and intermodal units, down 2.5 percent compared with the same week last year. Total carloads for the week ending October 5 were 225,280, down 3.5 percent from the same week in 2023, while the U.S. weekly intermodal volume was 260,907 containers and trailers, down 1.7 percent from 2023. Four of the ten carload commodity groups posted an increase compared with the same week in 2023. They included farm products excl. grain, and food, up 1,553 carloads, to 18,019; chemicals, up 1,140 carloads, to 31,059; and metallic ores and metals, up 828 carloads, to 20,908. Commodity groups that posted decreases compared with the same week in 2023 included coal, down 5,458 carloads, to 61,304; nonmetallic minerals, down 3,937 carloads, to 29,645; and grain, down 1,300 carloads, to 21,933. For the first 40 weeks of 2024, U.S. railroads reported a cumulative volume of 8,697,320 carloads, down 3.3 percent from the same point last year, and 10,472,512 intermodal units, up 9.1 percent from last year. Total combined U.S. traffic for the first 40 weeks of 2024 was 19,169,832 carloads and intermodal units, an increase of 3.1 percent compared to last year. North American rail volume for the week ending October 5, 2024, on nine reporting U.S., Canadian, and Mexican railroads totaled 331,587 carloads, down 4.5 percent compared with the same week last year, and 341,107 intermodal units, down 3.0 percent compared with the previous year. Total weekly rail traffic in North America was 672,694 carloads and intermodal units, down 3.7 percent. North American rail volume for the first 40 weeks of 2024 was 26,678,777 carloads and intermodal units, up 2.4 percent compared with 2023. Canadian railroads reported 94,571 carloads for the week, down 2.0 percent, and 68,805 intermodal units, down 4.7 percent compared with the same week in 2023. For the first 40 weeks of 2024, Canadian railroads reported a cumulative rail traffic volume of 6,346,418 carloads, containers, and trailers, down 0.0 percent. Mexican railroads reported 11,736 carloads for the week, down 31.7 percent compared to last year, and 11,395 intermodal units, down 19.3 percent. Cumulative volume on Mexican railroads for the first 40 weeks of 2024 was 1,162,527 carloads and intermodal containers and trailers, up 3.6 percent from last year. To view the weekly rail charts, click here.