Companies that export goods from China and the rest of Asia are looking for routes to the East Coast and Midwest that are cheaper and more reliable than the crowded West Coast ports of Los Angeles and Long Beach, according to port planner and consultant M. John Vickerman.
So when the $5.25 billion expansion of [...]
“The U.S. consumer pulled the world economy for years,” said Walter Kemmsies, chief economist at Moffatt & Nichol engineers. “Now it’s the rest of the world’s turn. The U.S. has to export more,” he told the annual conference of the Agriculture Transportation Coalition in San Francisco.
The containerization of grains and other food products will [...]