Rolf Habben Jansen said current rates are “not sustainable” given higher overall operating costs and the potential that excess ship capacity will be absorbed due to Panama Canal diversions and greenhouse gas rules.
While the domestic intermodal market may have been in turmoil for the last several years, all stakeholders look ready to support continued growth, writes Ted Prince.
Suspending the auction of its remaining leased properties may give defunct LTL provider Yellow time to work out difficulties with landlords over the leases of potentially valuable properties.
