While tens of thousands of sports entertainment aficionados were throwing down less than a mile away at WrestleMania 34 events at the Mercedes-Benz Superdome, a couple hundred participants in the 10th anniversary Cargo Connections Conference found themselves grappling with far more serious issues.
The CCC, hosted April 8-10 by the Port of New Orleans at The Chicory event venue, has helped attending industry leaders be better equipped to wrestle with congestion and capacity challenges but left them still worried about uncertain impacts of new U.S. import tariffs while encouraged by projections of a rebound of the breakbulk and multipurpose sector.
To read more, visit the American Journal of Transportation.
PALM DESERT, California – The US intermodal rail supply chain, exceedingly slow this winter, has eased over the last three to four weeks, a welcome relief to beleaguered shippers ueffering from shipment delays ranging from five to 10 business days.
Calmer weather and a downshift in manufacturing following the Lunar New Year provided a pause for an over stressed railroad network. Nevertheless, demand remains elevated and train speeds are about two miles per hour slower, or 4 percent down compared with the prior year, based on conversations with intermodal marketing companies (IMCs) and data from the American Association of Railroads (AAR). Data from the Intermodal Association of North America also showed that volumes were up 8.1 percent in March on a year-over-year and sequential basis, fueled by double-digit growth from February in domestic intermodal and a smaller gain on the international side.
To read more visit the Journal of Commerce.