A Trucking and Rail Strategy That Boomed During Pandemic Shocks is Heating Up Again
CNBC
March 25, 2024
Lori Ann LaRocco
The shift in the volume of freight being moved from the East Coast to the West Coast was first highlighted in February in the ITS Port Rail Ramp Freight Index.
Paul Brashier, vice president of drayage and intermodal at ITS Logistics, told CNBC it has seen a significant increase in demand, and the company is bringing on capacity that was mothballed post-Covid to service it.
“We’re being asked to onboard even more of that capacity to service our clients for the third and fourth quarter surge when it does come,” Brashier said. “We’re talking about a 75-80% increase in transloading demand.”
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