It is shaping up to be a profitable year for the ocean carrier's new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
The modernization project is meant to enhance the competitive position of Seattle-Tacoma among other ports along the West Coast of North America that have outperformed the NWSA this year.
Railroads hauled a record number of domestic containers in the second quarter as shippers banked some of the largest savings against truckload in the history of the Journal of Commerce’s Intermodal Savings Index.
