Spot rates on the lane have dropped by up to $3,000 per FEU over the past two to three weeks, with carrier sources saying booking activity has markedly slowed through the month.
A $205 million upgrade of the Coos Bay Rail Line to link with Union Pacific for inland service opens the door for the potential construction of the Pacific Coast Intermodal Port that would be capable of handling 13,000-TEU vessels.
Rail executives who have watched how sharply truck pricing has risen this year are looking forward to the 2027 bid cycle just underway to hike intermodal contract rates for the first time in four years.
