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Industries We Serve
What’s happening in the world affects your business. We find out the latest news and updates and share it with you here and in our weekly industry update newsletter.
The decision by MSC and Maersk — the world’s two largest container lines — to terminate the 2M vessel-sharing alliance was predictable. The bigger surprise will be what happens next. Will both MSC and Maersk go it alone after 2M ends in January 2025?
BNSF expects to spend $3.96 billion on its network in 2023 as the railroad looks to improve service through infrastructure upgrades and efficiency projects. The railroad said Thursday it will increase this year’s capital expenditure plan by approximately $400 million over 2022.
Despite macroeconomic headwinds serving as a backdrop for 2023, Eastern U.S. railroad CSX sees its improving service metrics as an opportunity to garner new business and expand network capacity. The service improvements are “a real change...