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Industry News
Friday Jul 22, 2016 - After profit dive, UP doesn’t see freight rebound till at least 2017
http://www.joc.com/rail-intermodal/class-i-railroads/union-pacific-railroad/after-profit-dive-doesnt-see-freight-rebound-till-least-2017_20160721.html

Following double-digit dives in profit and revenue in the second quarter,


Friday Jul 22, 2016 - Hoffman grain elevator under investigation
http://www.echopress.com/news/4078429-hoffman-grain-elevator-under-investigation

"There is an ongoing investigation and I was the whistleblower," stated Milanka Neisen of Glenwood.

The investigation Neisen referred to involves the Hoffman Cooperative Grain Association, and it is being conducted by the Minnesota Bureau of Crimi

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Friday Jul 22, 2016 - Jail Time For Truckers! Driving On This Road Could Net Drivers 30 Days In Prison
http://www.thetruckersreport.com/jail-time-truckers-driving-road-net-drivers-30-days-prison/

Anti-truck rules have reached a new level of severity as one town is fed up with trucks using a common shortcut to a nearby highway. To keep drivers off of their streets, the town council voted unanimously to allow law enforcement to punish violators with fines up to $500 and even 30

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Thursday Jul 21, 2016 - A ‘Tesla Semi’? Elon Musk’s Tesla master plan is trucking awesome
http://www.sfgate.com/business/article/A-Tesla-Semi-Elon-Musk-s-Tesla-master-8399804.php

Tesla Motors CEO Elon Musk on Wednesday unveiled a far-reaching master plan for the electric automaker that envisions self-driving semis and buses — and a car-sharing service to rival Uber.

The scheme updates and sign

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Thursday Jul 21, 2016 - Grain bulk freight rate increases
http://www.producer.com/market_update/feed-grains-grain-bulk-freight-rate-increases/

By Commodity News Service Canada


WINNIPEG, July 20 (CNS Canada) – Following are a few highlights in the Canadian and world feed grains markets on Wednesday, July 20.

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Wednesday Jul 20, 2016 - Grain merchandisers brace for tough year

http://farmfutures.com/story-grain-merchandisers-brace-tough-year-0-144016

U.S. grain merchandisers are beginning the new-crop growing season facing significant challenges, according to a recent research report by CoBank. Low price volatility, ample grain and oilseed inventories, slow farmer selling and an anemic export program suggest elevators are in for a difficult 2016-2017 season.

With no relief immediately in sight, grain merchandisers will undergo further belt-tighten

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Wednesday Jul 20, 2016 - CGB leases Iowa facility
http://www.world-grain.com/articles/news_home/World_Grain_News/2016/07/CGB_leases_Iowa_facility.aspx?ID=%7BB997289C-ED84-4EB1-8B0B-5CD9B9C43C7D%7D

MANDEVILLE, LOUISIANA, U.S. — Consolidated Grain and Barge Co. (CGB), a wholly owned subsidiary of CGB Enterprises, Inc., announced on July 15 that it has entered into an agreemen
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Tuesday Jul 19, 2016 - Trucking Companies Face Headwinds as Rates Decline and Fleets Grow
https://www.trucks.com/2016/07/19/trucking-rates-decline-fleets-grow/

Trucking companies will find themselves driving into economic headwinds for the remainder of this year as freight


Tuesday Jul 19, 2016 - U.S. Silica to acquire regional frac sand producer for $210 million
http://www.worldoil.com/news/2016/7/18/us-silica-to-acquire-regional-frac-sand-producer-for-210-million

FREDERICK, Maryland -- U.S. Silica Holdings, Inc., has agreed to acquire a leading regional sand producer for approximately $210 million, subject to certain adjustments at closing. The transaction will be funded using a combination of cash on hand (57%) and restricted st
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Tuesday Jul 19, 2016 - Report: More than 80 percent of carriers say detention time ‘a very serious problem’ for their operation
Matt Cole

http://www.ccjdigital.com/report-more-than-80-percent-of-carriers-say-detention-time-a-very-serious-problem-for-their-operation/



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