With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation’s major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains were widespread, led by growth in professional and business services, retail trade, health care, and manufacturing.
When the International Longshore and Warehouse Union (ILWU) convenes a caucus in San Francisco next week, contract negotiations with the Pacific Maritime Association may finally draw to a close. According to labor/management analysts, a tentative agreement could be worked out by the 100 caucus members, and then presented to the union for approval.
OVERLAND PARK, Kan., December 2, 2014 – Clint Dvorak was named to the newly created position of vice president Global Services, North America for MIQ Logistics. Dvorak, based in Chicago, Ill., is responsible for operations and sales and the organization’s overall development in North America.
Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, and the overall economy grew for the 66th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
The Trans-Pacific Partnership (TPP) is more than a Free Trade Agreement aimed at reducing tariffs among the participants. The TPP is an ambitious, 21 st century “comprehensive and high-standard” Free Trade Agreement that aims to liberalize trade in nearly all goods and services, including beyond those currently established in the World Trade Organization (WTO) and remove Technical Barriers to Trade (TBT’s).
MIQ Logistics has received notices from multiple ocean carriers stating that the port congestion surcharge (PCS) scheduled to go into effect today, November 26th, has been postponed until further notice. The postponed surcharge would have affected cargo entering the U.S. via U.S. West Coast ports or Canadian Gateway ports.
U.S.-NAFTA freight totaled $102.2 billion in September 2014 as all five major transportation modes – air, vessel, pipeline, rail, and trucks – carried more U.S.-NAFTA freight than in September 2013, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).
As of today, several ocean carriers have announced a port congestion surcharge to go into effect this Wednesday, November 26th. The surcharge is based upon in gate – at origin (in gate / cargo receipt). The surcharge will affect cargo moving eastbound into West coast ports; and the majority of ocean carriers are intending to implement the charge at the below levels:
While the ongoing labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) ostensibly going from bad to worse, following the ILWU’s announcement late last week that it was halting negotiations from November 20 through November 30, a Congressional group last week penned a letter to PMA and ILWU leadership expressing concern over the state of the negotiations. The PMA and ILWU contract expired on July 1, and talks between the PMA and ILWU have been ongoing since May 12.