ITS Logistics Issues November US Port/Rail Ramp Freight Index
The November forecast for ITS Logistics’ US Port/Rail Ramp Freight Index “confirms a continued decline of both import and export volumes, which, while hindering overall economic activity, has allowed for port and rail congestion to alleviate,” the Nevada-based third-party logistics (3PL) firm reported Nov. 13. “As port activity normalizes, multiple sectors within the domestic supply chain are experiencing heightened uncertainty as rapid regulatory change affects tariffs, English language proficiency enforcement, and non-domiciled trucking capacity.”