“We never know what’s going to show up,” said the president of Missionary Expediters.
US shippers are increasingly setting up warehouses and distribution centers in the Lehigh Valley, from which they are a 60- to 80-mile dray from the Port of New York and New Jersey.
US soybean exporters are bullish this year.
The majority of ships deployed on Asia-Europe by the end of 2018 will be greater than 18,000 TEU, which will have implications for rate levels and ports.
Italian heavy hauler Fagioli used trucks, barges, and ships to move sections of the world’s third-largest tunnel boring machine from Germany to Italy.
West Coast rates have already fallen behind the spot rates in mid-July last year.
Robust demand is expected to push US poultry export volume higher this year.
As freight volumes surge, truckload rates are rising faster than 3PLs such as C.H. Robinson Worldwide can adjust pricing.
Consolidated net profit came in at 29.9 million francs against 21.8 million francs last time.
If the ban takes effect, US exporters of these commodities will lose access to the destination where they shipped 77.8 percent of their products last year.