The legal salvo is the latest sign of how Hanjin containers continue to disrupt the global container shipping market.
Rail & Intermodal
"A container shortage is possible."
Four weeks into the Trump administration, it appears the trade rhetoric of the campaign may well find expression in actual policy.
US inventories are rising, but inventory-to-sales ratios are falling, a sign freight is moving inland faster and inventories turning over more rapidly.
FECR operates about 350 miles of track along the east coast of Florida, and TRAC has an active fleet of more than 267,000 chassis.
More containerization in Russia would help cut transportation costs in the country.
The acquistion of the Evans Network of Companies, an intermodal operator, signals renewed interest in assets as well as technology.
The US Surface Transportation Board, the top rail regulatory agency, proposed a new rule in July that would permit so-called reciprocal switching. Now, however, the proposed rule might be derailed even before it leaves the station.
The transportation providers’ confidence has been spurred by an intermodal market that is improving.