'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
That sinking feeling continues: the Association of American Railroads (AAR) is looking back on a bleak year for intermodal traffic, and for the week that ended October 19, the organisation reported a 9.3% downturn in intermodal volumes.
The previous week produced a 6.6% drop, and AAR members have now rolled through 42 consecutive weeks of continuing decline in their intermodal business. The tally for the year to date shows a drop of 4.3% in volume.
With 1.06 million containers and trailers moved, ...
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