US and Mexico intermodal traffic surge too much for railways to swallow?
Amid surging intermodal volumes, it did not take long for a newly minted rail connection ...
WMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARD
WMT: ON A ROLLDSV: SLOW START AAPL: LEGALUPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARD
Splash 24/7 is reporting that the US has “warned” Greece, and other Mediterranean ports that assistance to Grace 1 (now known as Adrian Darya 1) will be seen as the provision of material support to Iran’s revolutionary guard. The US deems the IRG an foreign terrorist organisation and failed to block the UK’s decision to release the vessel from arrest in Gibraltar yesterday, following seven weeks of detention. While not a containership, the stoking of tensions represent a potential nightmare for global sea freight with the Straits of Hormuz a vital passage for world trade.
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