Evergreen to expand Latin America, Middle East services
Evergreen’s plan to focus on adding more tonnage between Asia and Latin America over the next five years comes as US import volume growth cools.
Evergreen’s plan to focus on adding more tonnage between Asia and Latin America over the next five years comes as US import volume growth cools.
The disruptions in the Howard Street Tunnel in Baltimore and Blue Ridge subdivision on the Tennessee-North Carolina border resulted in longer transits for intermodal shippers on CSX this year.
The Gulf Coast port faced the potential that later US actions against Chinese ship-to-shore cranes would raise costs more if it deferred delivery.
A wave of new mining projects to support domestic demand for critical minerals is expected to drive roll-on/roll-off cargo demand.
Deliveries are halted due to the work stoppage, which started after Canada’s government announced reforms for the beleaguered carrier.
The new levies, ranging from 25% to 100%, will go into effect Oct. 1, the president said Thursday.
The jump in blank sailings comes as spot rates to the West Coast have fallen 30% over the past three weeks, with East Coast prices down almost 20%.
Progress for wind projects in the UK and Taiwan have bucked the trend of an expected drop in offshore wind turbine generator awards this year.
Limited domestic tinplate capacity makes it difficult to source materials for canned goods in the face of steel and aluminum tariffs, according to executives.
A federal appeals court said the agency made an unfair and arbitrary rule that allows ocean carriers to bill late fees to one set of contracted parties but not others, like truckers.