Railroad operator CSX is in the process of opening an inland terminal at Syracuse, NY that should be completed in mid-2020. That could speed shipments and cut costs for trade through the seaports at Newark and New York. Inland ports are becoming increasingly common in light of the 2018 peak season, though chassis management and the trade war with China are reducing the urgency to bring them online. Seaborne imports to Newark / New York destined for the area 100 miles around Syracuse actually dropped by 9.9% year over year in the 12 months to Nov. 30, driven by an 18.1% slide in shipme...
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