Speaking at an investor conference, CPKC's Keith Creel reconfirmed the railroad's commitment to cross-border intermodal, despite US tariffs on its northern and southern neighbors. The CEO highlighted the "land bridge" that the railroad can provide for commerce between Canada and Mexico, excluding the US.
After implementing a 25% tariff on Canadian and Mexican imports on Tuesday, President Trump exempted those goods that would have qualified for duty-free access under the regional USMCA trade agreement. The levies will resume at the beginning of April, also the start time for the reciprocal tariffs scheduled for all
Mediterranean Shipping Co. is planning to switch all of its 19,200-TEU to 24,300-TEU “megamax” ships from the Asia-North Europe trade lane to the Asia-Mediterranean and Asia-West Africa corridors, according to Alphaliner. While the world’s largest container line adjusts its global network to support life as a
Boosting Advocacy Efforts, Industry Profile Among Top Priorities New ӽ紫ý CEO Anne Reinke wants to elevate the industry’s profile and Capitol Hill presence. But before she makes any moves, she’s going to learn the ropes. “One of the things that I read years ago — actuall
Container spot rates from Asia to the United States in the remaining weeks of 2024 are spiking to highs not registered since the December of the first year of the pandemic-driven rush. Imports are surging ahead of a January strike threat on the US East and Gulf coasts and thanks to a compressed post-holiday shipping sc
Chinese energy producer Goldwind will be supplying both members of the Gemini Cooperation with green methanol from 2026. Hapag-Lloyd will receive 250,000 tons per year in a deal signed this week while its partner Maersk will get 500,000 tons a year according to an agreement made last year. The green methanol will co