As the Rule 11 accounting regulation works to create efficiencies within interline shipment invoicing, Raven Logistics and Cloud Logistics by E2open take the compliance and resourcing process a few steps further through a recently launched Rule 11 compliance solution that can be integrated within the Cloud Logistics TMS.
The rail management solution is a partner-effort between Raven Logistics and is available through Cloud Logistics by E2open TMS. This solutions offers the shippers and rail carriers increased visibility, ultimately streamlining processes and minimizing wasted efforts and risks for mistakes – all while maximizing employee time.
“Cloud Logistics’ customers were looking for an efficient process around railroad Rule 11 compliance, and turned to us to incorporate this function into our TMS,” said Mark Nix, senior vice president of transportation and founder of Cloud Logistics by E2open. “We quickly identified Raven Logistics, with its exclusive solution designed to create efficiency and compliance around Rule 11, as an ideal partner.”
By further eliminating the risk for duplicate efforts and mismanagement on the administrative side, companies are enabled to redirect attention to other areas within operations without admin-level distractions. An article highlighted in the original announcement reiterates the importance of maximizing workflows through the utilization of market software solutions.
“Our customers need to be able to focus on the task at hand, not get bogged down with details of worrying about compliance. Our new relationship with Raven Logistics frees our customers up to focus on meeting business objectives and generating revenue,” said Mr. Nix.
Jacksonville, FL – Rail carrier CSX has opened a new intermodal terminal in Salaberry-de-Valleyfield near Montreal, Quebec, Canada.
The facility expands CSX’s intermodal network capacity and offers Canadian customers domestic and international service that connects with the railroad’s 21,000 mile network in the U.S.
The $100 million terminal, which spans 89 acres, includes cutting-edge equipment to capitalize on the efficiency and environmental benefits of intermodal rail transportation, such as three state-of-the-art rubber-tire gantry cranes – the first of their kind at an Eastern Canadian intermodal facility.
Construction also incorporated environmentally sustainable innovations in the areas of noise abatement and protection of downstream waterways.
With capacity for 100,000 loads, the Valleyfield terminal is an important addition to the railroad’s unique intermodal network, which offers both point-to-point corridor service and a hub-and-spoke model that allows it to reach into small- and medium-sized markets, to capitalize on the growing demand for intermodal transport.
Trains serving the new terminal will also connect through the Northwest Ohio intermodal hub, “offering efficient access to markets across the United States and Canada,” the carrier said.
Santa Teresa, NM – Officials from the Union Pacific Railroad and the State of New Mexico were on-hand recently to officially christen the rail carrier’s new $400 million, 300-acre rail facility in Santa Teresa.
The facility sits on a 2,200 tract of land purchased by the UP and is located near the city’s three industrial parks and the Santa Teresa port of entry.
The new terminal includes one of Union Pacific’s largest fueling facilities and the railroad’s largest intermodal freight terminal along the US-Mexico border.
The high-tech intermodal terminal opened April 1 and is expected to process more than 170,000 freight containers this year. It is to be expanded in future years to eventually handle 700,000 containers a year.
Union Pacific generated about $4 billion in intermodal business last year — 20 percent of its total freight sales of $20.7 billion.
The state Legislature’s passage of a bill exempting Union Pacific from paying locomotive fuel tax was a key piece to get Union Pacific to build the facility, officials said. That bill was signed by New Mexico Gov. Susana Martinez in March 2011. Construction began in the summer of that year.
A series of land swaps between the state, the federal government, and the Union Pacific allowed the railroad to acquire the 2,200 acres in Santa Teresa, most of it owned by the Bureau of Land Management, according to the New Mexico Public Regulation Commission.