Change is coming to the Mexican freight rail industry, but it’s too soon to determine whether the push for reform will lead to a major overhaul or something much more moderate.
News & Analysis
Data
Data
Spot container freight rates from Shanghai to U.S. ports saw some implementation of the upcoming general rate increase in the week of March 14. Both East and West Coast lanes saw increases of more than $100 per FEU. Member carriers in the Transpacific Stabilization Agreement planneda $300 per FEU increase to take effect on March 15 on the Asia-US trade lanes.
Commentary
Commentary
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Video
In a keynote speech delivered March 3 at the JOC’s 14th annual TPM conference, Frederick W. Smith, the chairman, president and CEO of global transport operator FedEx, condemned the increase in trade barriers in the wake of the Great Recession of 2008-9.
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