Ports in the UK are already seeing rising operational delays as a string of storms moves in from the Atlantic and major ports in Europe issue high wind warnings.
The effort coincides with UP’s plans to open a new terminal in Kansas City, Kan., in the third quarter of this year that would alleviate pressure on the railroad’s existing terminal across the border in Missouri.
EPCs say that tariffs enforced after project costs are finalized not only impact the bottom line but in some cases destroy the viability of a project, hitting volumes in the breakbulk trade.