Conversation With…Mason George of IMC Global Solutions LLC

Mason George, a native Memphian graduated from Memphis University school in 2005 and went on to earn his undergraduate degree from Samford University in 2009. He married his wife, Malaney, and moved to Kansas City to open a container drayage terminal for the company of his father, Mark George: Intermodal Cartage Co. Inc (IMC).

In 2013, after having found success in the Midwest, the couple moved back to Memphis, where Mason George started an international freight forwarding division for IMC Cos. To read more, visit the Memphis Business Journal.

DCLI to Raise Chassis Fees; Trucking Response Mixed

Direct ChassisLink Inc. will raise daily chassis rates it charges truckign companies to haul contianers from ports in the Southeast, Gulf Coast and Midwest beginning Dec. 15, following similar increases from Trac Intermodal and Flexi-Van Leasing Inc. this summer.

DCLI will raise rates 50 cents in the Southeast and Gulf Coast to $19 and $19.50, respectively, and 75 cents in the Midwest to $20.

To read more, visit Transport Topics.

Trans-Pacific cargo rolled on spot rate strength and late peak-season surge

US importers are riding an increase in rolled cargo, as trans-Pacific eastbound spot rates hold at levels at twice that of some contracted prices and vessel utilization inches up on a late peak-season surge.

While the increased freight rates provide a measure of relief to an ocean carrier industry that is expected to loose as much as $10 billion globally this year, it is uncertain how much longer the current peak-season conditions in Asia-US trade will last. Some carriers are telling shippers that cargo will keep getting rolled through the month, while others are warning to expect spot rate cargo to gain preference over contracted cargo into November, a handful of US importers told JOC.com.

To read more, visit the Journal of Commerce.

IMC Companies Completes National Footprint with Acquisition of Progressive Transportation Services

Memphis-based IMC Companies is adding another top-tier company to its family of brands. Effective July 1, California-based Progressive Transportation Services (PTS) has become part of IMC Companies, a national leader in intermodal logistics. PTS will continue to serve customers throughout the entire west coast market, and will now operate as part of IMC Companies.

This brings the number of brands under the IMC Companies umbrella to nine including Atlantic Intermodal Services (AIS), DNJ Intermodal Services (DNJ), Frederick Intermodal (FI), Gulf Intermodal Services (GIS), IMC Global Solutions (IGS), Intermodal Cartage Company (IMCG), National Drayage Services (NDS), Ohio Intermodal Services (OIS), and now Progressive Transportation Services (PTS).

“A desire to expand our geographic footprint led us to do an extensive search over the past two years to find the right company to give us an established presence in California,” said Mark H George, Chairman of IMC Companies. “We vetted more than 25 companies and chose PTS above all based on their stellar performance record, service offerings and core values that are aligned with those of our organization.”

With locations in Los Angeles, Oakland and Stockton, PTS is an industry leader in California and is the largest container drayage company headquartered in Long Beach, CA. The company also provides container transloading and warehousing services. The acquisition of PTS completes IMC Companies’ national footprint as it can now handle freight in any major rail or port facility in the entire United States. With this acquisition comes the addition of all PTS facilities, rolling stock and the company’s 250 team members. This brings the employee count for IMC Companies to more than 2,000 team members across the nation dedicated to providing international supply chain solutions.

For more information on Progressive Transportation Services, visit www.progressive-transportation.com.

About IMC Companies:
IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, customs brokerage, truck brokerage, freight forwarding, warehousing, chassis provisioning and secured container storage. To learn more about IMC Companies family of brands, visit www.imccompanies.com.