While Union Pacific plans to spend hundreds of millions of dollars to make a combined railroad run smoothly, there are locations where service could degrade should the merger be approved by federal regulators.
The use of real-time cargo status data is expected to make trade finance more efficient, reducing credit costs and processing and payment times, the Hong Kong government said.
While some gateways are expanding their intermodal access to vie for discretionary cargo destined for inland locations, others are moving full speed ahead with capacity expansions that will allow them to handle more and larger ships.
