The $177 million plan to enlarge Spain’s TTI Algeciras is in line with the strategy of ocean carriers to diversify revenue and exert greater control over their supply chains.
The uptick in rates comes despite a 9% surge in deployed capacity on regional services since February, according to figures from British transport consultant MDS Transmodal.
Loup Logistics provides direct access to nearly 80,000 rail-owned containers across North America, significantly expanding UP’s transloading options.