News / Global Logistics

Drewry: L.A./Long Beach Q4 delays cost carriers $150M

Cargo Business Newswire

Shipping lines collectively lost around $150 million in the fourth quarter of 2014 due to U.S. West Coast congestion, according to Drewry Maritime Research. In the most recent issue of Container Insight, researchers note that carriers experienced various levels of disruption from the port labor dispute, and attempted to quantify the losses by examining available data.

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Zepol’s data shows severe impact on US trade from West-Coast port issues

American Journal of Transportation

Zepol reports that total U.S. container imports are down over 5 percent this year, compared to January and February of 2014. Nearly the entire decline in imports was attributed to West Coast ports. The ports of Los Angeles and Long Beach, which make up a combined 40 percent of U.S. container imports, declined by 19 and 20 percent so far in 2015. East Coast ports have reaped the benefit, especially the port of New York/Newark, which increased container imports by 8 percent this year.

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Houston Channel Remains Closed After Ships Collide

Supply Chain 247

The Houston Ship Channel is still closed following a collision yesterday between two ships.

The ship channel is expected to remain closed until the U.S. Coast Guard has the situation under control. Officials at Morgan’s Point was lifted overnight.

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Imports Still Rising as West Coast Ports Work on Backlog

National Retail Federation

Import cargo volume at the nation’s major retail container ports is expected to rise an unusually high 16.9 percent this month over the same time last year as West Coast ports begin to dig out from a backlog of cargo that built up during just-concluded contract negotiations with dockworkers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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Port of Oakland logjam clearing up, containers moving but there’s still more to do

American Journal of Transportation

Efforts to eliminate a cargo backlog at the Port of Oakland are meeting with success. The Port said today gains in container movement are visible from ship to shore. The signs include:

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L.A./Long Beach port heads: Backlog will take 3 months to clear

Cargo Business Newswire

The top officials at the Ports of Los Angeles and Long Beach said that it would take three months to clear the thousands of containers left stranded on nearly two dozen ships — the product of epic congestion exacerbated by contentious labor talks between dockworkers and management.

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Post-Lunar New Year may Mean Higher Transpacific Ocean Cargo Rates

Logistics Management

Expected post-Lunar New Year cargo growth will accelerate equipment, cargo handling and other costs going forward.

While the full impact on ocean carrier deployments to U.S. West Coat ports has yet to be measured, major players comprising the Transpacific Stabilization Agreement (TSA) are standing firm on raising rates.

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Getting West Coast ports back to full capacity will require patience and time

Logistics Management

With the Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union (ILWU) recently agreeing to a tentative agreement on a new five-year contract last weekend covering about 20,000 port employees at 29 West Coast ports following roughly nine months of stops and starts and acrimonious negotiations, the focus for all port and supply chain stakeholders is firmly on the future.

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Aerial Photography of the Labor Dispute at the Port of LA & Long Beach

Supply Chain 247

For the past few weeks, a labor dispute has been unfolding at the Port of Los Angeles and the Port of Long Beach.

After flying over the area while coming in to land at LAX, I saw all of these giant container ships anchored offshore and instantly knew that I had to photograph it.

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West Coast port disruptions to hit Macy’s First Quarter Sales, Margins

Reuters

Macy’s Inc (M.N) said sales and margins in the current quarter would be hurt by disruptions at U.S. West Coast ports, and the retailer forecast full-year profit and revenue that fell short of analysts’ expectations.

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