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.
European importers are shrugging off gloomy economic forecasts, but rising volume out of Asia is putting pressure on available capacity that is already stretched by longer transits around southern Africa.
Sailing the longer voyages around southern Africa has allowed carriers to address their excess capacity challenges, but that is a short-term fix for a problem that is not going away, according to Vincent Clerc.
Elevated mortgage rates and inflation continue to drag down new home construction and remodeling activity, two of the major drivers of US household goods imports.
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