An intermodal booms at East Coast ports this has not translated to increased business for railroads, Trains magazine reported on its website.
Instead truckers have cashed in on the record number of containers being handled at East Coast ports.
The magazine’s analysis said trucks have an advantage because many destinations for containers are within 500 miles of the ports, thus making them attractive to truckers, who have captured most of the business in international containers landing at East Coast ports.
Trains said that railroads see incremental gains in traffic in truck-competitive lanes close to or more than 500 miles from Eastern ports, as congestion recedes elsewhere in the supply chain or as railroad network capacities and velocities improve.
The report can be read at https://www.trains.com/trn/news-reviews/news-wire/railroads-yet-to-benefit-from-east-coast-intermodal-boom-analysis/
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