Insights - August 2016 - (Page 10)

3PLs - from page 9 In the long run, shippers continue to spend more on logistics services, and the need for data and other information will not diminish in the coming years. If someone didn't sell prior to things getting weak, and if they can get through the next year, then we expect profits to recover, multiples to rebound, and it could be a very good time to be a seller beginning in the second half of 2017 probably into early 2019. Insights: How much of a competitive advantage do 3PLowned assets provide? Albrecht: I think for intermodal they provide a huge advantage. But that's not to say that the non-asset IMC can't thrive. There are hundreds of companies that do not own containers. I think the key again boils down to the management teams and the tightness of the relationships they have with railroads and the agents that they choose to serve. And, if they're passionate and work very hard on those elements, there's absolutely a place for non-asset IMCs to continue to thrive. Insights: Does it all come back to relationships then? Albrecht: I would say, in this type of environment, the relationship with the shipper/ customer is probably more important than any because that shipper has more options with loose trucking capacity and the best access to the large asset-based IMC companies than they've had in probably five years. So, if you don't take care of that customer they're going to certainly [respond] to all those other phone calls they're getting on ways to move their freight. Freight Reports Imports Rise in May on Positive Retail Sales According to the July 12 Global Port Tracker report released by the National Retail Federation and Hackett Associates, the nation's top containerports handled 1.63 million TEUs in May 2016, the latest month for which after-thefact numbers are available. That was up 12.8 percent from April and 1.1 percent from May 2015. June was estimated at 1.56 million TEU, down 0.5 percent from the same month last year. July is forecast at 1.64 million TEU, up 1.4 percent from last year. The first half of 2016 is expected to total 8.99 million TEU, up 1.5 percent from the same period in 2015. Total volume for 2015 was 18.2 million TEU, up 5.4 percent from 2014. Don't wait. REGISTER NOW! INSIGHT. INNOVATION. INTERACTION. EXPO You can't afford to miss this year's Intermodal EXPO. Timely educational sessions. New business contacts. Important exchanges on what matters most to the industry now and in the future. Take a minute to register for Intermodal EXPO. It's an investment in education, connections and dialogue on critical industry issues with your peers. Intermodal EXPO - the most important intermodal event of the year, every year. Join IANA today and receive 50% off your first full member registration. Register at IntermodalEXPO.com September 18 - 20 | Houston, TX 10 Intermodal Insights | August 2016 http://intermodalexpo.com/?utm_source=IANA&utm_medium=Insights&utm_campaign=EXPO

Table of Contents for the Digital Edition of Insights - August 2016

Insights - August 2016
DOT FASTLANE Grants Benefi t Intermodal
FECR’s Hertwig to Receive Silver Kingpin Award
IANA Committee Meetings at EXPO
National Truck Driver Awareness Week Request
Nominees Sought for IANA Board
A Conversation with Former IANA chairman David Wedaman
Thom Albrecht Shares His Views on Intermodal Growth and M&A
Freight Reports
Port News
Sustainability News
People in the News
Speakers Announced for Intermodal EXPO 2016
Commerce Affirms Duty on Chinese Tires
In Brief
2016 Sponsors
Welcome New Members
Intermodal Calendar

Insights - August 2016

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