With an eye of reaping the benefits from synergetic connection, the UAE’s rail system, Etihad Rail has established strong links with the manufacturing sector, not just in the Gulf region but also in other markets that have global supply chains.
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the Gulf of Mexico, notably Houston, in order to avoid the bottlenecks and congestion at other large U.S. gateways.
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