With US manufacturers shrinking their plastics inventories, overseas buyers are taking up an even more important role for North American resins producers.
Yusen Terminals in Los Angeles is already holding twice its normal inventory of rail containers and is draying some of the boxes to a near-dock storage yard to prevent the backlog from interfering with cargo handling operations.
US electronics imports are rebounding after a two-year decline as consumers replace devices purchased during the COVID-19 pandemic with newer products.
The chief executives of BNSF and UP argue that while shareholders judge them on financial metrics, it would be a mistake to shun intermodal business simply because its margins are not as good as hauling other types of freight.
The third-largest US LTL provider is joining competitors renovating and opening terminals acquired from Yellow and expects to complete that work by early 2025.
ONE's West India-North America Express (WIN) service is set to debut at Nhava Sheva with a May 12 call from the ONE Modern.
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