WEEK 40 MARKET UPDATE
October 6, 2023
DOCKWORKERS’ UNION ILWU FILES FOR CHAPTER 11 AMID DECADE-LONG LEGAL BATTLE The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a
DOCKWORKERS’ UNION ILWU FILES FOR CHAPTER 11 AMID DECADE-LONG LEGAL BATTLE The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a
CONTAINERS FALL AS RO-RO AND RAIL VOLUMES RISE AT PORT OF SAVANNAH The Port of Savannah handled 413,300 TEUs in August, down 28 percent from
GPA-SPONSORED TRANSLOAD FACILITY OPENS IN SAVANNAH NFI Industries has opened a transloading facility adjacent to the Garden City Terminal at the Port of Savannah which,
WEST COAST CONTAINER PORTS REGAIN SOME MARKET SHARE WITH LABOR SITUATION RESOLVED U.S. container import volumes increased slightly in August compared to the previous, consistent
CMA CGM FINALIZES TERMINALS ACQUISITION AT PORT OF NEW YORK AND NEW JERSEY CMA CGM has closed on its acquisition to acquire two key container
NEW ALL-ELECTRIC CONTAINER CRANES ARRIVE AT PORT OF SAVANNAH Four new Super Post-Panamax ship-to-shore (STS) container cranes arrived at the Port of Savannah. Part of
PORTS BRACE FOR HURRICANE IDALIA With HURRICANE IDALIA expected to rapidly intensify into a major hurricane before landfall somewhere along the northern Gulf Coast of
PORT OF NEW YORK AND NEW JERSEY GREEN LIGHTS CMA CGM’S TAKEOVER OF TWO KEY CONTAINER TERMINALS The Port Authority of New York and New
U.S. CONTAINER IMPORTS MIRROR PRE-PANDEMIC LEVELS U.S. container imports climbed more than 5% last month, in-line with more typical peak shipping season levels before the
ILWU CANADA VOTES TO ACCEPT PORT LABOR AGREEMENT Dock workers in western Canada voted to accept an improved labour contract after a month-long dispute that
COURT DENIES SC PORTS APPEAL OF LEATHERMAN RULING A US appellate court has ruled that the lawsuit filed by the International Longshoremen’s Association (ILA) against
GEORGIA PORTS SET RO/RO RECORD AS CONTAINER VOLUMES SLUMP. The Georgia Ports Authority reported a record Roll-on/Roll-off (Ro/Ro) volumes in FY2023 as container volumes slumped
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