The average cost savings for a shipper choosing intermodal rail over truckload was about 26% in the first quarter, according to the latest Journal of Commerce Intermodal Savings Index.
Evergreen Marine’s first-quarter net profit of $537 million was among the highest quarterly profit posted by container lines in the post-COVID 19 era, according to Alphaliner.
A preliminary federal investigation found the use of a different breaker configuration than had been previously in use onboard the Dali that led to a series of power blackouts on its outbound voyage.