Container flows at the railroad’s primary Appliance Park terminal slowed considerably in December and into January after it implemented a new appointment system for truck drivers to pick up import boxes.
The deal will create a company with more than $5 billion in revenue across truckload brokerage, managed transportation services, and port-related offerings.
Shippers should heed signs that ocean carriers have managed to keep the decline in Asia imports from sinking the market, reflecting a modicum of control and price restraint.