{"id":38324,"date":"2025-08-01T02:25:14","date_gmt":"2025-08-01T02:25:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/38324\/"},"modified":"2025-08-01T02:25:14","modified_gmt":"2025-08-01T02:25:14","slug":"rail-deal-will-open-new-markets-for-top-us-container-port","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/38324\/","title":{"rendered":"Rail deal will open new markets for top US container port"},"content":{"rendered":"\n<p class=\"yf-1090901\">The Port of Los Angeles stands poised for significant growth and transformational change following news of Union Pacific\u2019s plans to acquire Norfolk Southern (NYSE: <a href=\"https:\/\/finance.yahoo.com\/quote\/NSC\/\" data-ylk=\"slk:NSC;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">NSC<\/a>) and create the nation\u2019s first transcontinental freight railroad.<\/p>\n<p class=\"yf-1090901\">In a phone interview with FreightWaves, Executive Director Gene Seroka emphasized the vast opportunities presented by the historic rail agreement, particularly in terms of enhancing cargo flow and expanding reach into key markets across the country.<\/p>\n<p class=\"yf-1090901\">\u201cWe\u2019ve been working real closely with Union Pacific (NYSE: <a href=\"https:\/\/finance.yahoo.com\/quote\/UNP\/\" data-ylk=\"slk:UNP;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">UNP<\/a>) on bringing more cargo in to go through the Alameda Corridor,\u201d Seroka said, referring to the below-grade rail freight route used by UP and BNSF to access the San Pedro port complex, which he said was a \u201cgreat investment but underutilized.\u201d<\/p>\n<p class=\"yf-1090901\">The $85 billion rail consolidation aims to optimize the use of the corridor, opening up access to the populous regions east of the Mississippi, and boosting intermodal freight capabilities out of the southern California container hub.<\/p>\n<p class=\"yf-1090901\">Seroka reminisced about past successes in transcontinental cargo movement as president of the Americas for American President Lines, noting how apparel was efficiently transported from Asia to New York.<\/p>\n<p class=\"yf-1090901\">\u201cThink about garments on hangars that would come right out of the box to Macy\u2019s on 34th Street in Manhattan\u2019s Garment District and get put right on their racks,\u201d he recalled. This efficient supply chain model is a compelling vision for future operations, especially with the potential enhanced efficiency from the merger.<\/p>\n<p class=\"yf-1090901\">Seroka said that the rail-tie up would enable more efficient transportation of goods from Los Angeles to East Coast destinations.<\/p>\n<p class=\"yf-1090901\">\u201cYou\u2019re reducing paperwork and handoffs, you\u2019re improving digital technology and you\u2019re sailing on a ship getting to Los Angeles to on- dock rail through the Alameda Corridor,\u201d he said. \u201cThere\u2019s the retail consuming area of the tri-state New York, New Jersey and Connecticut, the ability to get to Boston, to get to the Mid- And South Atlantic, to get to the Sunbelt, which is growing so fast. And you can do that today, but if you combine the two companies, whether it\u2019s steel wheel interchange at UP\u2019s Global 4 terminal north of Chicago or west of Cleveland, you now have the same company trying to make that turn more efficient.\u201d<\/p>\n<p class=\"yf-1090901\">The prospect of streamlined logistics would benefit other major markets.<\/p>\n<p class=\"yf-1090901\">\u201cThat will also buoy our biggest markets like Chicago where 20% of our intermodal goes, and then to Memphis and Dallas, but also to get to secondary and tertiary markets quicker. Think of Kansas City, Denver, Salt Lake City. There\u2019s going to probably be a reconfiguration of how the two companies combined to get deeper and longer into this market.\u201d<\/p>\n<p> Story Continues <\/p>\n","protected":false},"excerpt":{"rendered":"The Port of Los Angeles stands poised for significant growth and transformational change following news of Union Pacific\u2019s&hellip;\n","protected":false},"author":2,"featured_media":38325,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[27910,45,49,48,27911,27914,10447,27912,1522,100,27913,11122,27915],"class_list":["post-38324","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-alameda-corridor","tag-business","tag-ca","tag-canada","tag-freight-railroad","tag-freightwaves","tag-gene-seroka","tag-intermodal-train","tag-los-angeles","tag-markets","tag-norfolk-southern","tag-nyse","tag-port-of-los-angeles"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/38324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=38324"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/38324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/38325"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=38324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=38324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=38324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}