Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010. All commodities including exempt (exception reefer) US west coast port/port : $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US west coast ports: $200/40 ft and $150/20 ft US east coast and gulf port/port: $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US east coast or gulf ports: $200/40 ft and $150/20 ft Reefer cargo US west coast port/port: $250/40 ft and $190/20 ft Originating from intermodal points & moving through/via US west coast ports: $250/40 ft and $190/20 ft From or through US east coast and gulf ports: $300/40 ft and $225/20 ft Originating from intermodal points & moving through/via US east and gulf coast ports: $300/40 ft and $225/20 ft
West Coast ports strike back: new data finds that the early-2015 import slump at West Coast ports have bounced back in 2016 Import volumes have rebounded at U.S. West Coast ports so far this year, according to Datamyne, a provider of web-based international market intelligence. Datamyne found that imports through the port of Los Angeles have increased 36 percent from January through February of 2016 and 30 percent through the port of Long Beach
International Longshoreman's Association (ILA) & United States Maritime Alliance (USMX) make progress in contract negotiations Concluding three of four days of scheduled negotiations, the two sides announced agreement in principle on issues involving the introduction of new technology and automation and maintenance and repair of chassis within marine terminals and at off-pier facilities at the East and Gulf Coast ports.
The surprising surge in cargo volumes from Asia to the East Coast of North America since July remained strong in September, and even appears to have continued in October says a Drewry Maritime Research analysis. Eastbound Shipments from Asia to the East Coast of North America (ECNA) continued to grow impressively in September, reaching 382,000 teu. It brought the total for the peak season quarter up to 1.14 million teu, a startling 18% increase over the same period last year
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program to address potential supply chain disruptions. Congestion and current labor issues are impacting the flow of cargo at U.S. West Coast ports and there is the likelihood of further instability. To address this infrastructure challenge, CaroTrans has developed alternative routing solutions to lessen the impact on supply
A face-off between economists on the cost of West Coast port slowdown on U.S. economy. Vital shipping ports on the West Coast are closing amid a labor dispute between shipping companies and longshoremen. Will the shutdown lead to major losses for businesses and the U.S. economy as a whole? A section of economists and trade experts say that a shutdown of 29 West Coast ports closures would have very little effect on the broader U.S. economy as the trade of goods through U.S
A dispute over the use of nonunion labor and wages that has shut down nearly all shipments through Canada's West Coast ports entered its fourth day Wednesday, with no sign of a resolution in sight. Most shippers have switched to ports in the U.S. since the lockout of longshore workers began on Sunday. But there was concern over added costs and possible congestion problems at alternative facilities. No negotiations are planned between the British Columbia Maritime Employers Association (BCMEA)
The ongoing risk of a strike or work slowdown at West Coast ports may already be diverting cargo to other distribution methods and setting the stage for broader economic impacts, Fitch Ratings says. The International Longshore and Warehouse Union (ILWU) workers are currently working without a contract and could strike at any time. However, Fitch notes that recent negotiations between the ILWU and the Pacific Maritime Association (PMA) are said to be amicable
Shippers suspend weekend cargo loading at U.S. West Coast ports Cargo freighter loading and unloading operations will be suspended at U.S. West Coast Ports this weekend due to continuing chronic slowdowns that shippers and terminal operators have blamed on the dockworkers' union, the companies' representative said on Friday. However, the Pacific Maritime Association said terminal yard, rail and gate operations at the ports, which handle nearly half of U.S
The White House said on Friday a deal between West Coast ports and the dockworkers union was "a huge relief" for the economy, businesses and workers affected by the lengthy labor dispute. President Barack Obama had received an update on the talks late on Thursday from Labor Secretary Tom Perez, whom he had dispatched to help resolve the dispute, the White House said in a statement. Obama "calls on the parties to work together to clear out the backlogs and
International cruise liner MS Europa 2 reached the Khorfakkan Port with more than 500 tourists on board. The luxury liner is the latest making a cruise call at the emirate's east coast ports, which continue to bring in cruise tourists from around the globe.
Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the
Cargo shipments at the Port of Long Beach were up 6.1 percent for the first three months of 2016 compared to the same period last year, starting the year off strongly. Lifted by big gains in January and February, the quarter was the port’s best since 2007.
After a slow start scrapping of containerships gathered momentum towards the end of 2015 and has continued into 2016, says Drewry Maritime Research. A record intake of newbuild containershps (1.7 million teu) in 2015 coincided with an unusually low scrapping total
18,000-TEU container ship CMA CGM Benjamin Franklin will make its first U.S. call at the Port of Los Angeles in late December The CMA CGM Benjamin Franklin, an 18,000-TEU vessel named in honor of one of the United States’ founding fathers
CMA CGM is testing the ability of the U.S. West Coast ports to handle the biggest containerships – are they ready? U.S. West Coast ports are not yet in a position to handle 18,000 teu containerships regularly and have much work to do in terms of improving productivity if they
Ports America Chesapeake and CSX Intermodal Terminals today announced a new agreement designed to immediately enhance the competitiveness of the Port of Baltimore and position it to capture additional freight business through more efficient service
GT USA, the US arm of UAE-based global ports and logistics company Gulftainer, announced the new ‘Blue Stream Service’, a weekly container cargo service connecting Port Canaveral to Europe, the French West Indies, and Central America.
Ports America, the largest stevedore and terminal operating company in the United States, is refocusing its business strategies on the West Coast through additional investments and expansion of services into new terminals. Areas of concentration include Los Angeles, Long Beach
Strike at NY/NJ Waterfront Shows Need for Discussion The National Retail Federation called on the International Longshoremen’s Association and the U.S. Maritime Alliance to seek long-term stability at East Coast and Gulf Coast ports following last week’s strike at the Port of
704,398 TEUs leads Los Angeles to busiest January in port history The Port of Los Angeles handled 704,398 Twenty-Foot Equivalent Units (TEUs) in January 2016, an increase of 33 percent compared to January 2015, making for the busiest January in the port’s 109-year history.
Ports on the U.S.’ eastern coast had a very busy 2015 in terms of container traffic, with 7.9 million TEU of loaded containers entering the U.S. East Coast in 2015, a 12.6 percent increase compared to 7 million in 2014, BIMCO reports.
Global Consolidators Working Group(GCWG) has urged the International Maritime Organization (IMO), an arm of the United Nations that regulates shipping safety, to provide more detail about the much-debated container verification rules, set to be introduced by July 1
Phillips 66 actively offering U.S. crude in Asia. Japan will receive a U.S. crude cargo in May, its second such purchase from the United States since Washington lifted a four-decade ban on crude exports, industry sources said on Wednesday.
The Port of Long Beach, the second largest port in the United States, will see 5 percent growth in cargo volume this year as a weak U.S. dollar spurs consumer demand, the west coast port's chief executive said on Thursday. The port, which handles 20 percent of U.S