The US Army Corps of Engineers has recommended deepening the Mississippi port’s main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.
The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.
It’s been five years since Union Pacific instituted a surcharge this early in the year, a sign that the railroad expects shippers to continue to shift freight off the highway amid higher trucking and fuel costs.
