Auxo Investment Partners acquires Genesis Rail ServicesPrivate investment firm Auxo Investment Partners has acquired Genesis Rail Services, a full-service railroad maintenance company based in Bluefield, West Virginia, and Roanoke, Virginia.
Genesis Rail Services, which was founded in 2009, provides outsourced maintenance of way, mechanical and construction services to Class I, Class II and industrial railroads across the U.S. The company recently patented its flagship service: a tie plate...
As carriers continue to try to attract drivers by enticing them with more pay, delays caused by disruptions in the supply chain that show no signs of letting up could be eating away at those incentives.
The American Transportation Research Institute (ATRI) points out that while there is no standard definition of “excessive detention” in the trucking industry, it is generally accepted that any delay over two hours is reasonably defined as excessive.
Where carriers are able to negotiate...
https://www.freightwaves.com/news/are-driver-wait-times-nullifying-carrier-pay-increases
A proposed regulation to limit the amount of time a truck driver can be detained by a shipper without compensating the driver could gain more traction in the Biden administration and on Capitol Hill, according to a trucking industry lobbyist.
The detention time rulemaking was included in the Moving Forward Act, a transportation reauthorization bill that passed the U.S. House of Representatives last summer but failed to get taken up in the Republican-controlled Senate.
The proposal followed a...
https://www.freightwaves.com/news/detention-time-review-considered-likely-in-bidens-fmcsa
Matthew A. Waller has been named the recipient of the Council of Supply Chain Management Professionals’ (CSCMP) 2020 Distinguished Service Award.
The award will be presented during the CSCMP EDGE 2020 Live! Conference and Exhibition opening session Sept. 20.
James Wainscott joins CSX’s board. (Photo: CSX)Waller is the dean of the Sam M. Walton College of Business at the University of Arkansas. He also is a professor of supply chain management and holds the Sam M. Walton endowed leadership...
https://www.freightwaves.com/news/career-tracks-supply-chain-professor-nets-cscmp-award
U.S. lawmakers have joined with federal watchdogs in pressuring the Federal Motor Carrier Safety Administration (FMCSA) to address driver detention times.
The INVEST in America Act, a $494 billion, five-year reauthorization of surface transportation programs introduced on Wednesday by Democrats on the U.S. House Transportation & Infrastructure Committee, requires that the U.S. Department of Transportation (DOT), through FMCSA, begin collecting data from drivers and carriers on delays during...
https://s29755.pcdn.co/news/lawmakers-prod-fmcsa-to-move-on-driver-detention