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News / Global Logistics

Shipping Logistics Picture

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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MIQ Logistics Air Freight Plane

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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Shipping Carrier and Containers

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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Transpacific Eastbound General Rate Increase (GRI), Peak Season Surcharge (PSS), and Bunker Fuel Adjustments

The following announced levels from carriers are for implemented GRI’s and/or PSS effective for March 9th 

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Container Yard

West Coast port delays could swamp companies for two months

Reuters

Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute.

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Shipping Logistics Picture

West Coast Ports Come Back to Life

Bloomberg

Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting offshore may take eight weeks to clear.

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Blue Press Release Icon

Tentative contract agreement announced between ILWU and PMA

The Pacific Maritime Association (PMA) and the International Longshore Warehouse Union (ILWU) announced a tentative agreement that must still be approved by the ILWU membership.

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Stacked Containers

U.S. West Coast Ports Reach Tentative Deal

Supply Chain 247

The deal, confirmed in a joint statement by the two sides, was reached after the U.S. labor secretary arrived in San Francisco this week to help broker negotiations that had dragged on for nine months between the shippers and the International Longshore and Warehouse Union.

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Container Yard

West Coast Port Talks Intensify

Bloomberg

Negotiators in the nine-month standoff at U.S. West Coast ports are ratcheting up discussions as Labor Secretary Tom Perez seeks to move talks to Washington if dockworkers and their employers can’t reach a resolution.

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