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
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
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
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
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
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
McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports. The fast-food chain said it was importing more than 1,000 tonnes of frozen fries by air, which began arriving last Monday and had begun routing another 1,600 tonnes through ports on the U.S. East Coast which should begin arriving in late January.
Import cargo volume at the nation’s major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail
The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry. This was one of the views that, BIMCO’s Chief Shipping Analyst, Peter Sand shared with the participants at the Maritime Cyprus
Is the lack of demand for containerships a manageable challenge? The low demand on the high volume trade lanes is increasing the pressure on earnings which is already felt in the container shipping industry, says shipping association BIMCO.
Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing
Less congestion and efficient cargo movement helped international container volumes through the Puget Sound gateway improve 14 percent in June compared to June 2014, the port reported. Cargo has been rerouted through the ports of Seattle and Tacoma as other U.S
As the shipping operator BG Freight Line is set for a new freight service connecting the links, Scotland’s food and drink, chemical and manufacturing industries are looking for a boost. BG Freight Line, wholly-owned by Clydeport owner Peel Ports
The National Retail Federation (NRF) and more than 100 other business groups called for passage of legislation that would require the Transportation Department to track port statistics, saying it could help avoid a repeat of the congestion and slowdowns that occurred along the West Coast during
Import cargo volume at the United States’ major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released today by the National
A divided Senate Commerce Committee on Thursday approved legislation requiring the government to report on the performance of major U.S. port operations, including during labor contract talks. The voice vote, which follows a nine-month slowdown at 29 West Coast ports
U.S. Army Corps of Engineers Civil Works Review Board Moves 52-Foot Deepening Project Forward Today in Washington, DC, the U.S. Army Corps of Engineers Civil Works Review Board (CWRB) unanimously approved the Final Integrated Feasibility Report and Environmental Impact Statement for the
The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced last Thursday in the United States Senate to help prevent the type of maritime labor slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought
Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to new research conducted by The Boston Consulting Group (BCG) and C.H. Robinson
Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port. Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction of the pad is slated to begin in September
Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Water will start rushing into the newly expanded Panama Canal on Thursday (local time) in one area that was widened, ahead of the waterway's April 2016 re-inauguration. The area around the new Agua Fria locks in Gatun, on the Atlantic coast, will be the site of the preliminary tests