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August 28 2023

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August 28, 2023 | Journal of Commerce 53 Classifieds & Marketplace C L A S S I F I E D S calculated that the average domestic intermodal length of haul in the second quarter was 1,472 miles. Average revenue per load, therefore, was approximately $2,444. Run the math on 1.6 million loads and that means the industry would have generated an additional $4 billion dollars in annualized revenue had it achieved a 6.7% domestic intermodal market share in the second quarter. 'Pivot to growth' There has been a lot of talk lately about the "pivot to growth." To achieve growth, the intermodal sector needs to analyze why this market share has been lost and how that process can be reversed. Has the truckload freight market changed in some fundamental manner? I don't think so. Or is it domestic inter- modal that has changed? Setting aside those brief and relatively infrequent periods when truck capacity is really tight — that's not "normal," no matter how much the intermodal sector would like it to be — history tells us that inter- modal success during normal times is simple to describe but di cult to execute. It involves reliable service with a door-to-door on-time per- centage in the low 90s or high 80s, schedules that get the freight to destination within one to three days longer than trucking and door-to- door savings per package, pallet or carton of at least 10% to 15%. The market is sending the inter- modal sector a clear message: con- tinue to wait for market conditions to improve and settle for — at best — small gains. or go back to basics and recreate the success that has previously been attained. If $4 billion is not enough to motivate us, what will it take? JOC email: COL-RICE Colombia Rice Export Quota, Inc. NOTICE OF OPEN TENDER Independent bids are invited for rights to ship U.S.-origin rice to the Republic of Colombia duty-free under a tariff-rate quota (TRQ) granted by the Republic of Colombia to the United States under the U.S.-Colombia Trade Promotion Agreement. Bids must be submitted on Thursday, October 5, 2023 Bids must be submitted on Thursday, October 5, 2023 between 9:00 a.m. and 5:00 p.m. Eastern Daylight Time (EDT) between 9:00 a.m. and 5:00 p.m. Eastern Daylight Time (EDT) Shipment Period: October 15 – December 31, 2023 Shipment Period: October 15 – December 31, 2023 The following quantity is available: Total Volume for All HTS Nos. Colombian (metric tons, milled Colombian HTS Number equivalent basis) Duty Rice in Husk (Hull), Except for Seed 1006.1090 ) Husked (Brown) Rice 1006.2000 ) Rice Semi-Milled or Milled, Whether ) 19,790 Zero Polished or Glazed 1006.3000 ) Broken Rice 1006.4000 ) The product must be imported into Colombia between October 15 and December 31, 2023. TRQ Certificates will be awarded to the highest bidder(s). Any person or entity incorporated or domiciled, with a legal address, in the United States is eligible to bid. Bid quantities should be submitted in metric ton, milled rice equivalent using the following conversion factors: rough rice (rice in hull) = 0.71; brown rice (hulled) = 0.89; broken rice = 1. The minimum bid price is $30.00/metric ton. Bids must be submitted in dollars and cents per metric ton. Each bidder must submit a per formance security in the amount $50,000 or the total value of the bid(s), whichever is less. Potential bidders may obtain the required bid forms and bid instructions from: COL-RICE Administrator TRQ Services, LLC 2001 L Street, N.W., Suite 500, #50122 Washington, D.C. 20036, USA Phone: (202) 987-2975 E-mail: Web: Bids must be submitted by e-mail at Submission of a bid constitutes acceptance of all bid instructions and conditions. JOC0968 To achieve growth, the intermodal sector needs to analyze why market share has been lost. Leverage our business intelligence to expand your content marketing. Elevate your story 2691900

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