ITS Logistics Issues US Port/Rail Ramp Freight Index
The January forecast for ITS Logistics’ US Port/Rail Ramp Freight Index shows that operations throughout North American ports and ramps “are running relatively smoothly and are expected to remain so through the month, with the exception of the Port of Vancouver,” the Nevada-based third-party logistics (3PL) firm reported Jan. 21. The firm also noted that the U.S. Administration’s confirmed 25% tariff increase for Canada and Mexico is expected to occur as soon as Feb. 1 and could create a “front-loading” serge.
