Avoiding Chicago And Oil Up

Canadian National Railway (CN) and Norfolk Southern (NS) strike a joint-service deal to avoid Chicago’s congestion.  They will do their train interchanges in Elkhart, IN – instead of Chicago and route trains around the old EJ & E track that the CN now owns. The belief is that this move will cut 1-2 days off transit times.

 

Brent crude held steady above $60 a barrel Monday morning after breaching the milestone in a record trading session Friday.  At the same time, US crude is hovering around $54….quite a jump from 2 months ago!

 

Retailers and wholesalers are finding new ways to reduce inbound transportation costs.  Click the link for a 2 min video on how purchase order optimization works.