The anticipated rate increases on Asia-Europe have yet to materialize with the spot rate falling for the third week in a row, despite a peak season volume surge.
Port officials told JOC.com they aim to use the new CSX Transportation double-stack rail service to win importers and exporters using ports in other states.
Robust demand is expected to push US poultry export volume higher this year.
When it comes to poultry, the Port of Savannah has plenty to crow about.
Port Houston's Roger Guenther on 2016 context, expectations for 2017, resin market impact and $1.3 billion infrastructure investments plans.
Increased second-quarter US industrial activity, consumer confidence primes freight market, pressures rates.
Pacific Northwest ports believe the true competitive edge will come from faster cargo velocity at the terminals.
As freight volumes surge, truckload rates are rising faster than 3PLs such as C.H. Robinson Worldwide can adjust pricing.
Europe’s leading ocean container hub handled 6.7 million TEU in the first six months of 2016.
Consolidated net profit came in at 29.9 million francs against 21.8 million francs last time.