LOUISIANA GOVERNOR AIMS TO RESTORE FUNDS FOR NEW PORT NOLA TERMINAL The Port of New Orleans is looking to the governor of Louisiana to help restore $4 million in state funding that would go toward early work on its proposed $1.5 billion container terminal after legislators unexpectedly cut the funding from the state’s most recent …
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PORT OF LOS ANGELES KEEPING A CLOSE EYE ON LABOR TALKS AS CARGO VOLUMES GAIN FOR A THIRD MONTH Cargo volumes at the Port of Los Angeles increased for the third consecutive month in May but continue to track below pre pandemic numbers amid protracted West Coast labour negotiations and uncertainty in the economy. The …
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CONTAINER VOLUMES AT PORT OF LOS ANGELES RISE FOR SECOND STRAIGHT MONTH, BUT PACE LAGGING PRE-PANDEMIC Container volumes at the Port of Los Angeles showed improvement for the second consecutive month in April, although they continue to lag behind pre-pandemic levels. In April, the Port of Los Angeles processed 688,110 twenty-foot equivalent units (TEUs), a …
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PORT HOUSTON SEES SURGE IN CONTAINER EXPORTS As U.S. imports continue to come in well below last year’s records, Port Houston has announced that its container exports are surpassing historic volumes seen in 2022, signalling strong growth in the region. Loaded exports, particularly driven by the demand for resin exports, have increased by an impressive …
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US RETAIL IMPORTS EXPECTED TO REMAIN BELOW 2022 U.S. ports are seeing a rise in import cargo volume after a near three-year low in February, according to the Global Port Tracker report released on Monday by the National Retail Federation and Hackett Associates. However, the report also forecasts that import volumes will remain well below …
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PORTS OF SINGAPORE, LONG BEACH, AND LOS ANGELES SIGN GREEN SHIPPING CORRIDOR PACT The Maritime and Port Authority of Singapore (MPA), Port of Long Beach, and Port of Los Angeles, along with support from C40 Cities, signed a memorandum of understanding to establish a green and digital shipping corridor. The purpose of the corridor is …
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NWSA TERMINALS, AG EXPORTERS IN TALKS TO ENSURE EFFICIENT CARGO FLOW Marine terminals at the Northwest Seaport Alliance (NWSA) of Seattle and Tacoma are looking to adjust their receiving hours and gate closures to better accommodate the handling of Asia-bound cargo for agricultural exporters who are facing declining backhaul vessel capacity amid falling import volumes. …
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US AG EXPORTERS FEEL PINCH OF WORK SHIFT CUTS AT WEST COAST TERMINALS Marine terminal operators on the US West Coast are cancelling at least one work shift per week because of declining cargo volumes that are linked directly to the impasse in contract negotiations between employers and the International Longshore and Warehouse Union (ILWU). Longshore …
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ILWU JOB ACTION CAUSING TERMINAL GATE DELAYS IN LOS ANGELES-LONG BEACH: PMA “Significant delays” have hit some marine terminals at the ports of Los Angeles and Long Beach since the middle of last week PMA, which represents terminal employers in the talks that have dragged on for more than 10 months, said longshore workers represented …
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WAN HAI FACES $950,000 FINE UNDER REVISED FMC SETTLEMENT OVER DETENTION CHARGES Ocean carrier Wan Hai would pay a $950,000 fine under a proposed settlement involving claims it wrongfully charged US shippers detention penalties on 21 occasions in the spring of 2021, according to a revised agreement submitted to the Federal Maritime Commission (FMC). The …
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