Rising with the economic tide
NewsEconomic growth has lifted container volumes across the largest US container ports on all three coasts.
CSX World Terminals (CSXWT) will lose business worth more than US$100 mill a year in Hong Kong when South Korea’s Hanjin Shipping switches its operations to Hongkong International Terminals (HIT) in March. Hanjin is moving because its CHKY alliance partners – Cosco, K-Line and Yangming – are already HIT customers.
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