Nearly everyone knows the United States imports a lot from China (and if you don’t, you’re probably not a regular reader of The Journal of Commerce), but American companies are increasingly exporting more to the Asian manufacturing juggernaut, too.
Mark Szakonyi
Associate editor Mark Szakonyi, based in Washington, D.C., covers railroads, U.S. transportation and trade policy, air cargo and ocean shipping.
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Szakonyi_JOC said: Cue Empty Calls for Infrastructure Spending After Washington Bridge Collapse http://t.co/Bq80PftQjy #JOCMember
Szakonyi_JOC said: Wow. Thanks to automation, Hanjin's Busan terminal needed only 20 people to move 2.5M TEUs last year. http://t.co/divQ5NPO1U
Szakonyi_JOC said: Barges are even greener way to transport backyard-raised chickens. @SCM_tweets Rail is the original hipster. #1890s http://t.co/bw5L3ny8Vc
Szakonyi_JOC said: Bad news for those w/ low libido. Good news for conservationists. Air New Zealand stops hauling shark fins to HK. http://t.co/P1gOPjIJrX
Szakonyi_JOC said: W. Texas oil shippers balk from pipeline, choosing instead to stick with rail. Gain flexiblity in pricing, delivery. http://t.co/Bfn7Iah9IB
Szakonyi_JOC said: US durable orders rose in April, suggesting manufacturing growth could heat back up in 2H. Good sign for intermodal. http://t.co/VK6rYZahC2
Szakonyi_JOC said: @FREIGHTxFASHION OK. But suppliers contract out making it hard to track. More inspection= higher apparel prices. Will US shoppers pay more?
Szakonyi_JOC said: CP CEO tell rail leaders to 'get ready to deal w/ fear' in pushback against their safety concerns over restructuring http://t.co/wQ3opmEMEf
Szakonyi_JOC said: @FREIGHTxFASHION US legal environment could also put them on the hook for lawsuits filed against subcontractors. Other legal minds disagree.
Szakonyi_JOC said: Enough industry jargon already. @MoffatNichol chief economist - "US infrastructure sucks" and could inhibit economy. #PortBfast
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Anyone with doubts of the U.S. Class I railroad industry’s pricing power and improved efficiency, should look at the major carriers’ first quarter financials.
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