US port capacity lagging ahead of potential volume growth: MSC
The carrier, as it seeks with BlackRock to acquire the majority of Hutchison Port Holdings, is developing a mega-terminal in New Orleans and another terminal in Baltimore.
The carrier, as it seeks with BlackRock to acquire the majority of Hutchison Port Holdings, is developing a mega-terminal in New Orleans and another terminal in Baltimore.
The railroads will make a harder play to capture Dallas-to-East Coast freight after track upgrades come online along the Gulf Coast early next year.
While certain production can be brought stateside, the U.S. still faces domestic labor and factory infrastructure hurdles, per Rosemary Coates, executive director of the Reshoring Institute.
The closure will take place in stages starting Dec. 28 as the retailer advances a turnaround effort that includes a multi-year supply chain revamp.
Bids are up 17% since August, which usually doesn’t occur until November through February, CEO David Parker said in a recent earnings call.
The company’s spending push is another sign that shipping and logistics multinationals are increasingly betting on India’s potential as an alternative maritime hub.
ODFL, XPO and Saia reported annualized declines in third-quarter shipments, but are positioning themselves for a stronger freight market in 2026.
Within the next six months, both countries plan to take steps toward selecting and funding projects that can deliver mineral products to buyers.
Recent tensions involved CPKC’s opposition to the UP-NS merger, but the battle has morphed into a larger disagreement about poor service on a 300-mile stretch of track in Louisiana and Mississippi known as the Meridian Speedway.
China-based Cosco’s latest earnings came as Beijing and Washington announced a one-year pause in their reciprocal port fees as part of a broader trade framework that included a reduction in US tariffs on Chinese imports.