The two month shutdown of a key rail corridor in Northern Europe is adding almost one-third to the transportation costs from the Mediterranean to Germany.
“Trade volumes between Qatar and Turkey have significantly increased over the past few months.”
Shippers are not worried about the higher rates.
The wake-up call to the cost of unsustainably priced freight sent by the demise of Hanjin Shipping may be short-lived.
Coastal cooperation with domestic peers could be a major driver of that liner turnaround.
US and Mexican Customs officials at a KCS-built facility will work to speed growing cross-border rail traffic at Laredo.
The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time.
The new investment brings its total venture capital funding to $13 million.
The issue threatens the hard-won gains from a government initiative to lower logistics costs for domestic shippers.
Does an atypically "robust" summer for US freight demand signal higher road and rail rates ahead for shippers?