Rail & Intermodal

With the crisis unlikely to abate soon, complaints of inappropriate pricing practices related to Hanjin Shipping cargo will most likely continue to surface.
Hanjin Shipping told a bankruptcy court in Newark, New Jersey, on Friday that railways, terminal operators, and container lessors are price gouging the South Korean line’s shippers by asking those cargo owners to pay more than usual to bring freight into US ports, in the wake of Hanjin’s recent bankruptcy filing.

The costs and liability for Hanjin Shipping containers have been some of the biggest concerns for members of the supply chain since the world's seventh-largest container line went bankrupt.
Hanjin Shipping told a US District Bankruptcy Court on Friday how it would handle the late return of containers.

A decision by a Brazilian regulator threatens to slow investments in rail capacity aimed at reducing bottlenecks and offering more services to shippers at Santos.

Intermodal executives aren't too excited about the outlook for demand, but it shouldn't faze shippers, who stand to gain from lower rates.
With freight demand down and declining, Class I railroad executives now say they don’t expect to see a rebound in intermodal volume until the second half of 2017.

DP World, which has a clutch of container terminals in India, is expanding its inland services in the emerging Asian economy.

The US Federal Maritime Commission has had some success in helping cargo interests minimize costs and retrieve cargo stranded by Hanjin Shipping’s bankruptcy.

The Port of Prince Rupert, British Columbia, is studying the feasibility of a new terminal that would handle breakbulk and bulk cargoes.

The fastest shipments by rail on Asia-Europe take around 15 days, compared with 33 days by ocean and three days by air.
Beneficial cargo owners are steadily increasing volumes on landbridge services as they become more sophisticate.

Truckload linehaul costs and intermodal pricing both drop year-over-year, leading Avondale Partners to lower its truckload rate forecast.

Billed as the “Mid-American Arc,” the GPA’s rail-focused initiative will allow the port to better serve markets from Atlanta to Memphis, St. Louis, Chicago, and the Ohio Valley.