China's most important holiday begins on Feb. 6, 11 days earlier than this year, which will prompt exporters to lock in bookings sooner and push up rates, analysts and forwarders say.
Retailers with distribution centers in the eastern half of the country say their ability to deliver containers carrying holiday merchandise in time for Black Friday sales is in jeopardy.
A “once-in-generation” flood near Laguna, New Mexico, that began on Saturday will have a substantial short-term impact on all shippers, including intermodal.
Union Pacific Railroad’s purchase of 500 new domestic containers breaks a three-year industry equipment freeze and diverges from the approach of private asset-owning intermodal providers.
