The peak season appears to have come early this year for rail shippers in southern California,
Spot rates for bookings on Union Pacific (UP) surged as much as 40% as customers scrambled for containers and open slots on trains.
According to one source, the shortage of containers has been at a level usually seen at the height of a peak season.
In an announcement to customers on 30 June, Kenny Rocker, UP’s executive …
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Source: The Loadstar