Long Beach breaks September cargo record
Marine terminals moved almost 707,000 TEUs last month The docks were busy last month in Long Beach, lifting the Port to the best September in its 108-year history. Dockworkers moved 706,956 twenty-foot equivalent units (TEUs) in September, 0.8% more than the same month a year ago. Imports were down 0.7% to 354,919 TEUs, while exports were up 1.4% to 123,215 TEUs. Empty containers moved out of the United States to be reused in the...
Weekly Rail Traffic for the week ending October 12, 2019
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending October 12, 2019. For this week, total U.S. weekly rail traffic was 510,820 carloads and intermodal units, down 7 percent compared with the same week last year. Total carloads for the week ending October 12 were 243,807 carloads, down 7.5 percent compared with the same week in 2018, while U.S. weekly intermodal volume was 267,013 containers...
New ELFA survey finds moderate compensation growth in Equipment Finance Industry
A study released today by the Equipment Leasing and Finance Association (ELFA) finds that compensation in the equipment finance industry grew moderately in 2018. The 2019 Equipment Leasing and Finance Compensation Survey measures compensation rates for the 2018 fiscal year as reported by more than 75 companies representing a cross section of the equipment finance sector, including independents, banks and captives. The 2019 Equipment...
Lincoln County forklift drivers compete in ‘rodeo’
There was a rodeo in the Gaston College parking lot in Lincolnton, North Carolina on Thursday, October 10th but it didn’t involve four legged animals. Instead, area manufacturing companies sent their most experienced forklift operators to compete in the annual Lincoln County Industrial Managers Association Forklift Rodeo. Each driver had to drive a forklift through a timed, challenging obstacle course. “It’s based on speed but it’s...
Strategic Mobility Group, LLC kicks off Breast Cancer Awareness month with second annual Fundraising Campaign
About 1 in 8 U.S. women will develop invasive breast cancer over the course of her lifetime Strategic Mobility Group, LLC (SMG3), a Certified WBENC Women’s Business Enterprise, has launched its second annual Breast Cancer Awareness Fundraiser with the goal of raising $1,000 by October 31st, 2019. SMG3 is asking anyone feeling compelled to finding a cure, to simply share a pinned LinkedIn post on their page. Every contribution...
Rapid reverse engineering
Sulzer reverse-engineers compressor component with 40% cost saving Many industrial processes rely on compressors for a host of essential tasks, from powering machinery to squeezing industrial gases for storage and transportation. When one of its main compressors failed, a company in the Philippines faced high costs and the prospect of a long wait for a critical replacement part. That’s when it turned to Sulzer for help. Modern...
Vanderlande to present innovative concepts and solutions at PARCEL Forum
Vanderlande will share a number of market insights relating to automation and storage solutions at this year’s PARCEL Forum at the Gaylord Texan Resort and Convention Center in Dallas, Texas. The company’s Postal and Parcel Market Director, Rob Qualm, will be a featured speaker at the event on October 30 and discuss the need to reshift storage to multi-functional hubs. Consumer demand is at an all-time high and parcel companies must...
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