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More than 40% of retailers and manufacturers plan to shift volume to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast, according to the findings of a new American Shipper research report.
East Coast ports benefiting from increased volumes thanks to West Coast congestion.
Lease for San Juan terminal is assigned to Luis Ayala Colon.
The port handled over 5 million tons of steel in 2014.
January 2015 totals for U.S.-North American Free Trade were higher than the previous year for rail, truck and air transportation, according to figures from the Department of Transportation’s Bureau of Transportation Statistics.
The group of companies, which includes its Canada Post segment and three non-wholly owned principal subsidiaries, reported net profits of $198 million in 2014.