‘An Absolute Mess’: B.C. Container Truckers Frustrated by Port Reservation System, Closures and Delays
B.C.’s container truck drivers say they want changes to the port reservation system, which penalizes them when they are stuck in traffic or delayed by bad weather, but provides only limited compensation when terminals cancel scheduled pickups and drop-offs.
Alliance Reshuffle Will Increase Box Ship Shortage as Carriers Hunt ‘Buffers’
The combined capacity of the liners controlling more than 1% of the global liner fleet grew by 10.3% last year, according to Alphaliner.
ILA and USMX Announce Tentative Agreement on New Six-Year Master Contract
The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) have reached a tentative agreement on all items for a new six-year master contract. The two sides agreed to continue to operate under the current contract until the union can meet with its full Wage Scale Committee and schedule a ratification vote, and USMX […]
Maersk Urges Container Pickup Ahead of Potential U.S. Port Strike
Maersk wants shippers to clear out their boxes from U.S. Eastern Seaboard and Gulf Coast ports ahead of a possible longshore strike starting on January 15. In an advisory posted Monday to its website, Maersk also asked shippers to return empty containers prior to that date.
Report: ILA-USMX to Resume Contract Negotiations for East/Gulf Coast Ports
A report from S&P Global’s Journal of Commerce says talks are set to resume between the International Longshoremen’s Association and the terminal operators at U.S. East Coast and Gulf Coast ports represented by the U.S. Maritime Alliance (USMX). This comes after weeks of an impasse between the union and the employers that reportedly centres around the […]
Yang Ming Eyes Higher Contract Rates, with a ‘Focus on the Transpacific’
Yang Ming management expects oversupply concerns to ease this year as detours round the Cape of Good Hope continue.
Ocean Carriers the ‘Outright Financial Winners’ in a Year of Unpredictability
A year of unpredictability has led to substantial increases in both ocean and air freight rates, according to this week’s report from Transport Intelligence (Ti), and complicated market factors are making future trends hard to predict.
U.S. Shippers Struggle to Find Capacity amid Growing Shortage of Reefers
U.S. perishables exporters say they are struggling to secure enough temperature-controlled containers and trucks and face tight capacity and particularly strong demand for reefer boxes.
Rising Rejection Rates amid Demand Drop Reveal Truckload Capacity Exodus in U.S.
Carriers in the U.S. are accepting the same load volumes that they were in April 2023, near the theoretical floor of the freight market’s recent recessionary period. Rejection rates (the rate at which carriers turn down load coverage requests from contracted shippers) are more than double what they were at the time. This is further […]
Carriers Unveil Panama Canal Transit Surcharges for New Year
Two major carriers have announced new Panama Canal surcharges on Asia-U.S. east coast transits in response to the canal authority implementing a new booking system to “optimize transit operations.”