Railroads brace for gridlock after Ida hammers New Orleans hub

(Source: Bloomberg, August 30, 2021)

NEW YORK — Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen delays in a U.S. shipping industry that is already stretched thin. Rail stocks fell.

Full story: www.bloomberg.com

Tuesday, August 31, 2021