Maritime Activity Reports, Inc.
Railway by the Port of Los Angeles - Credit:helivideo/AdobeStock
Union Pacific Corp container shipments from U.S. West Coast seaports to one of the railroad s major hubs in Chicago will restart early next week after a seven-day suspension, Chief Executive Lance Fritz told Reuters on Thursday.
The railroad on Sunday night paused cargo shipments from the ports of Los Angeles, Long Beach, Oakland and Tacoma to its Global IV facility in Chicago in a bid to clear significant congestion. We re starting to see containers clear, so I anticipate in the seven-day period . we should get back down to a reasonable kind of a normal backlog of stack containers, Fritz said.
Rail Shares Seen on Track After Lagging Market in 2021 Rebound
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
UPDATE 1-U S railroad operator Union Pacific s quarterly profit jumps 59%
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.