Insights - July/August 2018 - 23
"We spend a lot of time early on with assessment," Ken
Kellaway, CEO of RoadOne, told Insights. "Our success is directly
correlated to doing due diligence. We are looking for the right fit
in terms of culture and economics. We want to make sure it is
the right fit for the seller as well. In most cases, we want to have
the sellers stay with us."
Mark McKendry, vice president of intermodal at NFI
Industries, said the acquisition of CMI has been a strong
advantage in what he called "one of the wildest markets anyone
has seen. Everyone is feeling a bit of a pinch."
Adding Capabilities
"The acquisition sends a sign that we are adding capabilities
and creating the ability to provide more complex shipping
solutions," McKendry said.
Fornasiero stressed the importance of building a strong
management team and a diverse customer base during the
acquisition process.
"A lot of companies are founded by exceptional
entrepreneurs, but they don't always build a great team - the
prospective buyer needs to know how to institutionalize growth,"
he said.
Freight Report
Intermodal freight volume rose 6.7 percent in the first six months of 2018 to a total of 9.29 million shipments,
compared with the same period of last year.
For the month of June, the total number of shipments increased 5.4 percent to 1.61 million, also on a year-over-year
basis. The June results included 4.9 percent more international containers, as well as a 5.0 percent rise in domestic
containers and a 12 percent boost in trailer cargo, all compared with the same month of 2017.
On a month-to-month sequential basis this year, intermodal volume growth slowed to 5.4 percent in June from 6.3
percent in May. International container shipments rose faster in June than they did in May. Domestic container and trailer
growth in June was slower than in May.
Monthly Intermodal Rail Traffic
1.7
1.65
1.6
Millions
1.55
1.5
1.45
1.4
1.35
1.3
Jan
Feb
Mar
Apr
May
2016
Jun
Jul
2017
Aug
Sep
Oct
Nov
Dec
2018
July/August 2018 | Intermodal Insights
23
Table of Contents for the Digital Edition of Insights - July/August 2018
IANA News
Recommended Practices for Chassis Mechanics to Provide Many Benefits
EXPO Educational Program Offers Wide Variety of Sessions
E-commerce Creates Growth Opportunity for Intermodal
Technology Enhances Intermodal Capacity, Builds Attractiveness
Intermodal Mergers, Acquisitions to Continue
Freight Report
When Change Comes, Focus on Culture, Planning, Leadership
Now Approaching Retirement, AAR’s Hamberger Aided Intermodal’s Emergence
Voice of the Shipper
Intermodal Information Services News
Government News
International Intermodal News
New Members
People News
Intermodal Calendar
Insights - July/August 2018 - Cover1
Insights - July/August 2018 - 2
Insights - July/August 2018 - 3
Insights - July/August 2018 - IANA News
Insights - July/August 2018 - 5
Insights - July/August 2018 - 6
Insights - July/August 2018 - Recommended Practices for Chassis Mechanics to Provide Many Benefits
Insights - July/August 2018 - 8
Insights - July/August 2018 - 9
Insights - July/August 2018 - 10
Insights - July/August 2018 - 11
Insights - July/August 2018 - 12
Insights - July/August 2018 - EXPO Educational Program Offers Wide Variety of Sessions
Insights - July/August 2018 - 14
Insights - July/August 2018 - 15
Insights - July/August 2018 - 16
Insights - July/August 2018 - E-commerce Creates Growth Opportunity for Intermodal
Insights - July/August 2018 - 18
Insights - July/August 2018 - Technology Enhances Intermodal Capacity, Builds Attractiveness
Insights - July/August 2018 - 20
Insights - July/August 2018 - 21
Insights - July/August 2018 - Intermodal Mergers, Acquisitions to Continue
Insights - July/August 2018 - Freight Report
Insights - July/August 2018 - 24
Insights - July/August 2018 - When Change Comes, Focus on Culture, Planning, Leadership
Insights - July/August 2018 - 26
Insights - July/August 2018 - 27
Insights - July/August 2018 - 28
Insights - July/August 2018 - Now Approaching Retirement, AAR’s Hamberger Aided Intermodal’s Emergence
Insights - July/August 2018 - 30
Insights - July/August 2018 - Voice of the Shipper
Insights - July/August 2018 - Intermodal Information Services News
Insights - July/August 2018 - 33
Insights - July/August 2018 - Government News
Insights - July/August 2018 - 35
Insights - July/August 2018 - 36
Insights - July/August 2018 - International Intermodal News
Insights - July/August 2018 - 38
Insights - July/August 2018 - 39
Insights - July/August 2018 - New Members
Insights - July/August 2018 - 41
Insights - July/August 2018 - 42
Insights - July/August 2018 - Intermodal Calendar
Insights - July/August 2018 - Cover4
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