Fed trims main rate by a quarter point
The central bank trimmed rates to a range between 3.75% to 4% in its second rate reduction this year.
The central bank trimmed rates to a range between 3.75% to 4% in its second rate reduction this year.
While most of the carrier’s vessels continue to be diverted around southern Africa, the backhaul rerouting of two Ocean Alliance vessels through the Suez suggests security concerns may be diminishing.
While some carriers reported a positive outlook for freight stemming from power generation and mining projects, others noted that demand for offshore wind has been dented by regulatory upheaval.
APM Terminals said the new $131 million berth would increase Mobile’s container capacity by 50%, with an eye on cargo owners that need to reach markets in the US Midwest and Southeast.
Whirlpool CEO Marc Bitzer said during a recent earnings call that competitors flooded the market with low-cost inventory before tariffs took effect, but anticipates the market turning in the company’s favor.
But the state will pass, for now, on any proposals being pushed by port stakeholders to raise the height of the Vincent Thomas Bridge, a move that would allow bigger vessels to call at three of the port’s terminals.
The largest US intermodal provider’s relationships with competing eastern railroads Norfolk Southern and CSX are shifting and will continue evolving through 2026 as the proposed merger between NS and UP winds its way through the regulatory process.
The carriers have made progress on terms for volumes and rates as UPS looks to tap back into the agency’s final-mile capabilities.
A share in Eurogate’s CTH facility would give the carrier a firm foothold in Europe’s third-largest container port.
The companies are exploring opportunities to tap into the rapidly growing data center market, which could result in more project cargo activity from the power generation projects needed to support the centers.