Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
CSX is turning away business. The Class I rail company is struggling to meet demand, acknowledged CEO Jim Foote. He blamed the problems on shortages in manpower, saying that the company has struggled to recruit sufficient staff.
He said that CSX is missing out on “lots of business”.
This is ominous news as ports, forwarders and importers are bracing for the expected surge in traffic from China after the end of the lockdown in Shanghai. Rail capacity was one of the bottlenecks ...
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