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4th Quarter 
2013

In This Issue
Rick Rodell Holiday Message
Toys "R" Us Award
G6 vs P3
Transportation News
Holiday Cheer
Current Fuel Costs
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Merry Christmas from Cornerstone Systems! 
 
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Because the goodwill of those we serve is the foundation of our success, it is a pleasure at this holiday time to say "Thank You" as we wish you a warm and happy holiday season.
 
Our entire organization joins in wishing you the peace at Christmas, and every good wish for the New Year!
 
Inc. 5000 Fastest Growing Private Companies  

Inc. Magazine Names Cornerstone Systems One of 5000 Fastest Growing Private Companies in America.
 
2013
 
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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

 

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Holiday Message From Chairman / CEO Rick Rodell
Rick Rodell
Cornerstone Systems Chairman/CEO Rick Rodell

 

Greetings,

 

Another year has gone by (they seem to be going faster) and we are close to the first anniversary of our ESOP, or Employee Stock Ownership Plan.  It is still a little tough sledding out there, but overall Cornerstone and its new owners, (its employees) should be proud of their work and the results.  As many of you know, Inc. Magazine recognized Cornerstone as one of the 5000 fastest growing private companies in the U.S. 

 

To all of our customers, vendors, and to all of Cornerstone's fellow owners I want to say thanks for helping us have a great year.  More importantly I want to wish all of you a Merry Christmas, a Happy New Year, and still a hope for Peace on Earth.

 

Regards,

 

Rick Rodell

Chairman / CEO

 

 

 

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Toys "R" Us Presents Intermodal Carrier/Year Award

Cornerstone Systems LaPorte, Texas Office Receives Top Honors!

TRU LaPorte Award     

   Assistant VP Sales Tessa Lloyd and Staff (LaPorte, Texas) are honored as Cornerstone Systems is named Toys "R" Us Intermodal Carrier of the Year 2012.

 

Pictured left to right:  (Cornerstone Systems LaPorte, Texas)  Tessa Lloyd, Lucrecia Schmid, Jessica Greene, Samantha Fluck, Robbie Hart, Andrew "Trey" Stakes, Deeya Tobeck, Heather Durkin, Leslie Lyons.

 

 

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Are You Keeping Up With The G6 vs P3? 

Journal of Commerce Diagram Provides Comparison

 

The G6 Alliance is taking steps to counter the planned P3 Network in a battle for east-west dominance.  The six members of the G6 - Hapag-Lloyd, NYK, OOCLHyundai Merchant MarineAPL and MOL - are planning to expand the alliance's coverage into the trans-Atlantic and Asia-U.S. West Coast trade lanes to meet the competitive challenge posed by the proposed alliance among the world's three largest carriers - Maersk, Mediterranean Shipping Co. and CMA CGM.  To meet the challenge, the G6 is aiming to grow to a network using 240 vessels to connect 66 ports via 29 loops, as against the P3's 252 ships serving 90 ports on 28 loops, subject to regulatory approval.

 

 

    

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Transportation Industry News
News
Industry News
  

NRF Sees 2.3% U.S. Import Growth For Year -  

Import volume at the nation's major retail container ports is expected to post year-over-year increases of 1.8 percent for December and 2.3 percent for the year, according to the monthly Global Port Tracker report produced by the National Retail Federation and Hackett Associates.  The forecasts for the month and year reaffirmed estimates in last month's Port Tracker, which covers 10 major U.S. import gateways.  Journal of Commerce Economist Mario O. Moreno's latest forecast for all U.S. ports calls for import TEU growth of 3.5 percent during 2013 and 6 percent in 2014. Moreno forecasts that exports through all U.S.,. ports will rise 1.9 percent in 2013 and 2 percent in 2014.  "Imports have seen good growth over last year and retailers are well-stocked as the holiday season continues," said Jonathan Gold, the NRF's vice president for supply chain and customs policy. "Holiday merchandise has made it from the ships to the shelves and the rest is up to the shoppers."  The NRF predicts this year's holiday sales will grow 3.9 percent over last year to a total of $602.1 billion. Cargo import figures do not correlate directly with sales because they count only the number of cargo containers, not the value of the merchandise inside them, but they are an indicator of retailers' sales expectations.

 

Intermodal Rail Traffic Highest on Record in November- 

The weekly average intermodal rail volume for November rose to the highest level on record, the Association of American Railroads reported.  Intermodal volume reached a weekly average of 251,887 units in November, and total intermodal traffic rose 7.8% to 1 million for the month, AAR said in its weekly report.  "Rail intermodal volume was extremely strong in November, demonstrating the tremendous value that intermodal has become for rail customers," AAR Senior Vice President John Gray said in a statement.  "Carload traffic continues to be consistent with an economy that's growing at a moderate pace," he said.  Eleven of the 20 categories tracked by AAR posted increases in November from the prior year, led by grain which rose 20.6%.  Intermodal volume for the week declined 13.9% to 207,888 year-over-year due to last year being a non-holiday week, the rail trade group said.  For the first 48 weeks of the year, U.S. railroads moved 11.8 million intermodal containers and trailers, up 4.3% from last year.

 

OOIDA Sues California Over Soot Filter Mandate-

The Owner-Operator Independent Drivers Association filed a lawsuit in a California federal court on Dec. 6, seeking to block implementation and enforcement of the state's Bus and Truck regulation requiring out-of-state truckers to install soot filters on their trucks.  OOIDA asked that the court permanently enjoin the California Air Resources Board from implementing or enforcing the regulation against truck owners or operators who reside and/or conduct business primarily outside California.  "CARB has overstepped its bounds by requiring trucks from other states to be upgraded in order to operate in  California," Jim Johnston, president of OOIDA, said in a statement.  OOIDA said the CARB regulation violates the Commerce Clause of the U.S. Constitution, which prohibits state laws and regulations that discriminate against interstate commerce or unduly burden interstate commerce.  "It puts out-of-state truckers at a disadvantage because the cost to upgrade is disproportionate to the number of miles traveled in the state of California," Johnston added.

 

     

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Holiday Cheer in Full Gear at Cornerstone HQ

Employees Partner With Youth Villages and Mid-South Food Bank

 

The Cornerstone of who we are not only revolves around how we conduct ourselves in the office, but also in how we spend our time after the workday ends.  At Cornerstone, we feel strongly about taking care of our customers, our employees and the communities in which we live.  We recognize the importance of sharing resources through donations of time, money and efforts to those who are in need. 

 

Youth Villages "Holiday Hero" Program:  

Youth Villages is a private nonprofit organization dedicated to helping emotionally and behaviorally troubled children and their families live successfully.  Some children do not have families and would not have Christmas without support of this program. Youth Villages makes sure every child receives holiday gifts by having them fill out a wish list.  "Holiday Heroes" sponsor a child by purchasing/wrapping $75 worth of gifts from the child's wish list, or by sending a $75 cash donation so that Youth Villages can fill their wish list.  Cornerstone has proudly participated in the "Holiday Hero" program since 2007 and this year Cornerstone employees were able to sponsor and give a Merry Christmas to 35 deserving children. 

 

Youth Villages 2013
(left to right) Cornerstone Executive Assistant Sheryl Barton and Youth Villages Jennifer Judge Begin to Load Christmas Gifts Purchased By Employees

 . 

Mid-South Food Bank Holiday Food Drive:

The entire month of December at Cornerstone's HQ office in Memphis, TN is dedicated to the Mid-South's Food Bank Holiday Food Drive.  This non-profit organization serves more than 300 charitable feeding programs in 31 counties across three states (West Tennessee, North Mississippi, East Arkansas).  For every non-perishable food item donated to the food bank, employees earn one day of wearing jeans to work.  The food drive is still in full swing with non-perishable food items stacking up in the hallways.  Employees love wearing jeans to work and helping others in the process - great idea!  

 

Food Drive
Holiday Food Drive For Mid-South Food Bank

     

 

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Fuel Prices           

The Energy Information Administration reports U.S. On-Highway Diesel Fuel Prices (dollars per gallon) every week.   

 

12/9/13                                        Date Released 


3.879                                             Average Retail Price  
 
-0.004 (Down)                             Change From Week Ago
-0.112 (Down)                             Change From Year Ago
 
Fuel Pump                  
If you would like to monitor the DOE website directly, click on the following link.  http://tonto.eia.doe.gov/oog/info/wohdp/diesel.asp 
  
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Newsletter Sources:  Cornerstone Systems, Transport Topics, Journal of Commerce, Progressive Railroading, U.S. Energy Information Administration

 

 

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