The fresh price increases vary between terminal operators and by export and import cargo, with most ranging between 5% and 15%, though running as high as 47% in one case.
While intermodal savings remain above 20%, according to the latest Intermodal Savings Index, there is not enough pressure yet in the trucking market to drive up rates across the US on intermodal rail.
The migration of European carriers away from their traditional foreign “flags of convenience” to India’s emerging market is seen as a major maritime boost for New Delhi as it vigorously seeks private investment to drive economic growth.
