Freight Teklif Al

But the terminal’s COO says that continued extreme temperatures forecasted for the coming days would keep landside operations under pressure.

The $495 million development of the 1.7-mile Howard Street Tunnel has allowed for full clearance of double-stacked rail services at the Port of Baltimore.

S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”

With the extreme heat expected to continue through the week, there was no clear indication when terminal operations would resume after being halted late Wednesday.

The nearly 250,000-square-foot Elgin facility is equipped to reduce handling touchpoints while increasing product visibility, a spokesperson said.

The carrier will prioritize returning duties first to shippers that opt in to sharing shipment and refund data with vendor partners.

With Chinese manufacturers shifting production closer to consumers, particularly in Europe, car carrier operators are expecting vehicle volumes to continue to grow, but on shorter routes.

The US retail inventories-to-sales ratio in April fell to its lowest in more than three years as the market ponders just how much steam the current frontloading push has left.

Spot rates are expected to climb for another four weeks and many vessels are full until at least July, per Xeneta.

Both traditional LTL carriers and non-traditional expedited LTL providers are seeking access to containerized freight as trans-Pacific imports increase.