US ports and intermodal players are geared up to handle volume surges
US container gateways and the inland intermodal chain have handled surging traffic without disruption, providing ...
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLES
PLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW PG: STABLE YIELDXOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLES
That is the view of senior industry consultant Anthony Scioscia who told delegates at the Intermodal Association of North America 2014 expo in Long Beach yesterday that in his view the tardy contract negotiations between the International Longshore and Warehouse Union and the employers’ Pacific Maritime Association were inching towards a deal. The view from the highly respected Mr Scioscia will no doubt give a boost to west coast shippers concerned that the continued absence of a new contract for the 20,000 dockworkers since the previous six-year deal expired on 1 July heralded trouble ahead. According to the National Retail Federation, stoppages could cost the US economy $2bn per day.
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