C'Stone News 
Cornerstone Systems
Rock Solid Transportation SoluIntermodal PhototTruck PhotoioBoxcar Photons
Keeping you in the know... September 2009
In This Issue
Retail Predictions
Manufacturing Gains
Transportation News
CS Opens 3 Offices
Current Fuel Costs
Join Our Mailing List!
Cornerstone Systems
 
Rock Solid
 
Intermodal
Truck
Railcar/Consolidation
LTL
Warehousing
Transloading
On-Site Logistics
Special Projects
 
Cornerstone Map 
 
Serving:
Canada
U.S.
Mexico
Quick Links...
 
 
Your Opinion Matters
 
 
Talk To Us
 
Is there any information, function, or link that you would like us to add to our website that would be helpful to you? 
 
Your feedback is very important to us. 
 
Email Your Comments To
 
Newsletter Archives
 

Did you miss an issue?

No worries.
It's just a click away.
 
 
 
 
 
Vote Photo 
 
Are you seeing signs of recovery in your business?
 
 
Definitely Yes
Possibly
Definitely Not
No Opinion
 
How Would You Vote?
 
Poll can be found at the bottom of Cornerstone's Home Page / Website.
 
Americans More Stressed About Finances  
 
The housing crisis appears to be easing and there has been some upbeat news on Wall Street.  But Americans' attitude about their own financial situation is far worse than it has been in the past 7 months, according to the Consumer Reports Index September 09' report.  Increased credit card problems, lost or reduced health care coverage, and personal loan issues (denial of a personal loan) are the drivers behind their down demeanor.  
 
For the sixth straight month, the ability to afford medical bills or medications remains the most prominent trouble Americans are facing.   
 
Water Cooler Trivia
 
Completely useless but fun...
 
This week we experienced the calendar date of...
 
 09/09/09
 
That day represented the last set of repeating, single-digit dates that we'll see for almost a century (until January 1, 2101), or a millennium (mark your calendars for January 1, 3001). 

Share your useless trivia
 
Greetings!

Industry updates are important to all of us.  If you would like to receive an update on a topic not listed in this issue or receive more information on Cornerstone Systems, please contact us at 800-278-7677 or visit our website at www.cornerstone-systems.com
 
We are here to help. 
 
NRF Predicts Light At The End Of The Tunnel
Figures Suggest Recession May Be Ending
 
Port PhotoImport Cargo volume at the nation's major retail container ports is expected to total 12.3 million containers for 2009, a drop of 18.8 percent since last year and the lowest level in seven years, according to the monthly Port Tracker report released by the National Retail Federation and IHS Global Insight.  "The national recession has clearly been reflected in the volume of cargo U.S. retailers have imported this year" NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.  "Numbers are down significantly, but the good news is that we're expecting to move from double-digit declines into the single digits by the end of the year.  That's some light at the end of the tunnel that we're really looking forward to seeing."
 
The chief economist for the NRF Rosalind Wells, in the group's Retail Sales Outlook, said in a report figures suggest that the recession is ending and she forecast a growing economy in the second half of 2009 despite ongoing weakness in consumer spending.  She is projecting real GDP growth of 2.5 to 3 percent in the last six months of the year and the improvement will be helped by the need for rapid inventory replenishment.  But she said retail spending, which helped fuel rapid economic growth in years past, likely will continue to show year-over-year declines through the end of the year.  "Consumers remain shell-shocked over the loss of household wealth experienced during the recession and are concentrating on rebuilding their assets and increasing their savings," Wells said in the report.   
Some Manufacturing Figures Show Gains
Economists Expressing Optimism
 
Statistics UpSome key manufacturing indicators showed gains last week, a sign the economy is shifting from recession to expansion, several economists said.  However , they warned that the turnaround is uneven, which makes business statistics confusing and trends difficult to track clearly.  "It's not just that there are ups and downs among the indicators, but you also see volatility for a given indicator.   That tells you we are at an inflection point and change is coming, and this is such a situation," said Bob Costello, chief economist of American Trucking Association. 
 
What looks best for trucking and freight transportation is manufacturing.  On September 1, the Institute for Supply Management  reported unambiguous nationwide expansion in manufacturing with a factory index reading of 52.9 for August, up from 48.9 in July.  Bloomberg News said it was the first improvement in ISM's national manufacturing index since January 2008.  It was also consistent with the Federal Reserve's August 14 report on industrial production, which inched up to 96 in July from 95.5 in June.  On a related point, the Commerce Department said September 2 that July factory orders rose for the fourth straight month, this time by 1.3 percent.  But the early and small improvements in manufacturing have not yet produced positive returns in freight volume.  Year-over-year levels still seem to be declining, although less sharply than earlier, and month-to-month comparisons have improved.    
Transportation Industry News
Union Pacific RR To Open New Intermodal Terminal, Port of Long Beach Plans Expansion, Longshore Union Rejects Contract Extension, China Now Largest Exporter and UN Forecasting Chinese Economic Growth 
  
News
The Union Pacific started construction September 3 on their $370 million Intermodal terminal in Joliet, Illinois.  The 785-acre facility will be built in CenterPoint Intermodal Center, a 3,900-acre integrated logistics park.  The terminal's initial phase is scheduled for completion in June 2010. Once completed, the facility is expected to handle about 500,000 containers annually. 
 
The Port of Long Beach is soliciting community input on plans to expand a staging area for double-stack trains.  The goal is to increase on-dock rail usage in the harbor.  Railroads have been increasing the length of their intermodal trains in order to operate more efficiently.  Trains can reach 10,000 feet in length, which is too long for some marine terminals to handle at their own on-dock yards.  Long Beach has a staging yard in the vicinity of 9th Street and Pier B Avenue, and the port will solicit public input on a plan to expand that facility, said spokesman Art Wong.
 
Union rejection of a contract extension for Atlantic and Gulf dockworkers probably means talks on a new contract won't resume until next year, and when they do, management's position on technology will be unchanged, the employers chief negotiator said.  Technology proved the key obstacle to efforts by the ILA and USMX to negotiate a two-year-extension to the current six-year-contract, which expires September 30, 2010.  The ILA's 200-member wage scale committee rejected a management offer in a vote described as unanimous.  No new talks have been scheduled.   
 
For the first time, China overtook Germany as the world's biggest exporter during the first half of 2009, the WTO (World Trade Organization) reported.  From January through June 2009, China's total export volume amounted to $521.7 billion, slightly exceeding Germany's exports, which totaled $521.6 billion.  Germany has long been the biggest exporter of goods and services but has been closely followed by China in recent years.  A WTO spokesperson said China and Germany remain very close in the competition, and it is too soon to say if China will overtake Germany as the world's largest goods exporter for all of 2009.  The final results will depend on several unknown factors, including foreign exchange rates and the pace of economic recovery in the various markets that buy exports from China and Germany in the coming months.  Speaking of economic recovery, more good news for China as the UN's Conference on Trade and Development is forecasting growth of 7.8 percent for China while the global economy is likely to drop more than 2.5 percent.  According to the UN report, China's expansive domestic demand policies have already helped China resist recessionary pressures, especially its $585 billion stimulus package, announced last November.  The money, much of it still unspent, is being used to build new highways, railways, housing, schools, hospitals and environmental protection projects.  During the first half of 2009, when the Chinese economy registered a growth of 7.1 percent, more than 80 percent of that growth was fueled by government investment.     

CS Opens Three New Offices
Nationwide Network Continues to Grow
 Cornerstone Branding Graphics
Cornerstone Systems is proud to announce the addition of three new office locations, two in Texas and one in Maryland. 
 
Cornerstone opened its doors on April 21, 1997 with one location in Memphis, Tennessee.  With offices now spanning all across the United States, Cornerstone welcomes these three new locations to their nationwide network offering intermodal, railcar, trucking, and logistics services to customers across all of North America.
  
Heading up the efforts in these three new locations are:
 
Mark McCoy - Account Executive, National Accounts Sales Team
Ph:  248-860-1151  Email:  mmccoy@cornerstone-systems.com
Havre de Grace, Maryland
 
Chris Baxter - Account Executive
Ph:  817-774-2372  Email:  cbaxter@cornerstone-systems.com
Cleburne, Texas (Dallas area)
 
J.T. Moye - Account Executive
Ph:  409-489-5517  jmoye@cornerstone-systems.com
Woodville, Texas (Houston area)
 
 
 
Cornerstone Systems has numerous locations nationwide.  For more information, visit www.cornerstone-systems.com.
Current Fuel Facts            
The Energy Information Administration reports U.S. On-Highway Diesel Fuel Prices (dollars per gallon) as follows:
 
9/07/09                            Date Released 
2.647                                  Price   
(Down) -0.027                  Change From Week Ago
(Down) -1.412                  Change From Year Ago
 Fuel Pump
Diesel has dropped for the first time in seven weeks. 
 
The national average price of diesel fuel will rise to $2.74 in the fourth quarter, from $2.62 in the third quarter, as the winter heating -fuel season begins and oil prices rise, reported the DOE.  Trucking's main fuel will rise steadily into next year, topping out near $3/gallon in December 2010.  
Cornerstone Trademark Logo