Disconnect: time-charters and the freight market
Time to jump off?
© Khunaspix Dreamstime.
US importers and domestic shippers are facing more pain from increasing road and rail freight rates.
The surge of imports that has flooded US west coast container gateways has so far failed to return intermodal volumes to last year’s levels, but rates have soared.
On US roads, the picture is similar, with spot rates approaching record levels and expected to rise further.
Union Pacific and Burlington Northern Santa Fe (BNSF) have been riding high through the summer on intermodal imports from the west ...
Comment on this article