Union Pacific lifts pause on exports to LA, Long Beach, but with West Coast port volatility spreading to railroads, a freight index ups risk level to 'severe.'
announced Tuesday afternoon it had temporarily paused all U.S. exports and empty containers to the ports of Los Angeles and Long Beach because of rail congestion. A Union Pacific spokesperson told CNBC that pause was lifted as of 10 a.m. CT Wednesday. "We continue to monitor the ports to ensure fluidity. We are presentlyThe average number of trains across its 23-state network is around 600, but the spokesperson stressed, "This is a dynamic and fluid number based on customer needs.
Roughly half of U.S. intermodal shipments are related to international trade, so the situation at ports is extremely important to railroads, according to a statement from AAR senior vice president John T. Gray. Shippers can look to the north and move their rail freight to Canada using BNSF rail to the Port of Vancouver and Port of Rupert, according to ITS Logistics. But risks exist there as well, with the ILW Canada union voting Thursday and Friday on whether to start a 72-hour strike at those two ports.
Brashier said ITS clients also are reviewing their U.S. options. The Gulf Coast and East Ocean ports continue to run smoothly, he said, and are using this time to increase infrastructure enhancements that will aid their operations when increased volumes pivot back to their terminals. Both Houston and the Georgia Ports Authority have announced rail service and infrastructure enhancements that will push cargo out of the terminals further inland to lessen congestion.
Union Pacific started its Houston service on June 1. Other Gulf port options include New Orleans. East Coast options are Ports America Chesapeake, The Port of Virginia, and Port of New York, which are serviced by
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