Cargo shippers and forwarders have found themselves taking on more of the burden for inland transport, relying on barges and trucks to fill in the gaps and even expanding their own fleets of heavy-duty rail cars.
But the carrier’s ability to continue that cost recovery will depend on the long-term impact of high energy prices on consumer demand and how the industry manages its fast-growing order book, Vincent Clerc says.
Sarah McCoy, who recently led the renegotiation of the lease for the Virginia International Gateway terminal, will lead the sixth-largest port in the US by volume.
