A nationwide rail shutdown could cost $2 billion a day, the Association of American Railroads said.
Supply chain journalist Rachel Premack says megaships deserve some of the blame for shipping logjams and increased costs.
It could put extra pressure on global shipping and force companies to raise prices.
Companies are rerouting around conflict zones and costs are on the rise, explains Ryan Petersen, CEO of Flexport.
The container-shipping industry is more consolidated than ever. As of this month, the world’s top ocean carriers are now mostly in three major alliances, set to control 90 percent of seaborne cargo. That changes the game for many of the country’s ports, who are themselves beginning to work together. Click the audio player above to […]
Kai Ryssdal talks to New York Times reporter Ian Urbina about his investigative series.
East Coast ports are upgrading their infrastructure to accommodate increased freight expected after the 2015 expansion of the Panama Canal. West Coast ports have to ship up in order to compete.