Rail operator BNSF, owned by Berkshire Hathaway, is redeploying capacity for shipments out of the port of Los Angeles due to “imbalances in resource availability” linked to shipping disruptions caused by COVID-19. Other rail operators including Kansas City Southern have seen volatility elsewhere including across the U.S.-Mexico border. Inbound seaborne shipments to Los Angeles appear to have fallen by 10.8% year over year in the first three weeks of July, continuing a slide seen in May and June. Within that though there was an 8.5% rise in imports from Asia ex-China while those from Chin...
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.