The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
It’s been five years since Union Pacific instituted a surcharge this early in the year, a sign that the railroad expects shippers to continue to shift freight off the highway amid higher trucking and fuel costs.
Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.
