The Journal of Commerce Breakbulk Shipper Index tracked down again in May to 97, a drop of 26 points since March and two points lower than April.
The 4,500-acre inland site in Southern California will serve as a hub where ocean containers are transferred into 53-foot domestic boxes and as a staging point for some international freight.
While freight demand isn’t booming despite growth in imports and manufacturing activity, it’s enough to push transportation pricing higher.