US West Coast port workers ratify contract agreement
U.S. dockworkers ratified a six-year contract that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State, the International Longshore and Warehouse Union (ILWU) said on Thursday.
Panama Canal Authority warns restrictions will stay in place for at least 10 months
Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime chokepoints with officials at the Panama Canal Authority warning yesterday that water-conserving measures will be in place for at least the next 10 months.
‘No Profit Right Now’: Trucking Industry Facing Leaner Times as Consumer Demand Drops
For Jas Singh, the road to profit just keeps getting narrower. “It’s slow right now, not too many loads,” said the owner of JK Transport, a Brampton-based trucking company Singh launched 15 years ago.
Why Shipping Should Be Worried About Soaring Ocean Temperatures
The past couple of months have seen countless headlines on wildfires and concern about the immense heat on land. Gaining less exposure, but potentially just as severe, have been the record-breaking ocean temperatures registered this year. The world’s oceans have been breaking surface temperature levels almost weekly. Such high temperatures could bring extreme weather to […]
‘World’s Worst Traffic Jam’ Has 150+ Cargo Ships Stuck at Panama Canal
More than 160 cargo ships and counting are stalled at the Panama Canal as the route’s water supply is throttled by the worst drought in more than 70 years. The disruption could reportedly drive up prices of imported commodities (including groceries) for weeks, and possibly longer if Panama continues to struggle with water supply.
Latest Data Wake-up Call for Shippers, Says Xeneta
Long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls, says Xeneta in its latest update.
TSA expands air cargo screening programme
The Transportation Security Administration (TSA) has expanded its ‘Certified Cargo Screening Program’ to enable more air cargo shippers to enter the secure supply chain, while boosting speed and security of shipments.
Western Canadian cargo flow returning to normal following labor agreement
The Western Canadian ports of Vancouver and Prince Rupert are clearing out container backlogs that accumulated during the two weeks of on-again, off-again dockworker strikes last month as rail and trucking operations in the region begin to return to normal.
Blanked sailings now ‘part of normal shipping business life
Blanked sailings have become “part of normal shipping business life” on key east-west container tradelanes, suggests Alphaliner in its latest weekly report. However, other experts question just how much is actually blanked.
What the TEU Tea Leaves Are Telling Us: This Peak Season Could Be Less Than Ideal
There’s new data out on China, and some people say they are “shocked” and “surprised” the country’s manufacturing is hurting. At this point, you want to ask businesspeople who admit this if they are living under a rock. Since June 2022, manufacturing orders have been down 30% to 40%.