FASA

U.S. Gulf Coast ports are expected to benefit more than East Coast ports in the near term, and to the detriment of West Coast ports, according to a recent report from JLL.

Sulfur and petroleum fires from the 32-car derailment in Hyndman, Pa. last week have been extinguished, but the incident is still causing freight to be rerouted and delayed in the area, according to CSX.

The Qatar-based company is expanding its operations within Oman to include warehousing and third-party logistics services since having transferred its transshipment hub to Sohar, Oman.

In an email last week, CSX CEO Hunter Harrison apologized for the delays plaguing customer freight, citing employee resistance to planned transitions.

Sixty-seven percent of International Longshore and Warehouse Union members voted in favor of the extension, according to balloting results from all longshore locals within the states where ILWU members voted.

Vacancy in industrial warehousing across the nation recently hit a 17-year low of just 5.3 percent, while rental prices are up by more than one-third from 2012 levels, leaving customers asking what the right mix of costs are for their supply chains.