The four-phase, seven-building project with CSX rail connections will support the growing needs of importers and exporters using the port.
With its systems restored, the LTL carrier plans to “lean into” technology development and investment for greater security and visibility.
Just a month after the European Commission announced that the block exemption regulation for carriers would not be renewed next April, the UK competition authority has also called for it to lapse upon expiry.
While the moves are considered more of a rejuvenation than a renaissance, railroads are doing a more effective job juggling the interests of investors while providing new products to serve shippers.
Draft legislation would also seek to codify that rail demurrage fees be billed to the ocean carrier, which would then pass along the charge to the responsible shipper or BCO. .