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 terminals at the Port of New York and New Jersey, expanding the French shipping company’s terminal footprint in the United States. CMA CGM announced its intention to acquire the GCT …
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CALIFORNIA AWARDS $1.5 BILLION FOR PORT INFRASTRUCTURE UPGRADES California Governor Gavin Newsom announced an investment of over $1.5 billion for building a more efficient, sustainable, and resilient supply chain, including $450 million for zero-emission infrastructure, locomotives, vessels, and vehicles. “No other state has a supply chain as critical to the national and global economy as …
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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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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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SC PORTS TURNS TO TRAC, FLEXI-VAN TO HELP LAUNCH CHASSIS POOL The South Carolina Port Authority will be able to launch its proprietary chassis pool as scheduled in March thanks to a last – minute agreement to secure 5,000 chassis from two major equipment providers. ILWU, PMA ISSUE UPDATE ON CONTRACT TALKS The International Longshore …
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EAST COAST PORT OF SAVANNAH SEES CARGO VOLUMES DIP IN JANUARY The Port of Savannah saw total cargo volumes dip 11.5 percent last month compared to January 2022, The Port of Savannah handled a total of 421,714 TEUs in January, dragged down by a 16 percent year over year drop in imports. Compared to pre-pandemic …
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PROLONGED LABOR TALKS RAISE SPECTER OF PERMANENT CARGO LOSS FOR WEST COAST PORTS The contract negotiations between the 22,000 port workers in the International Longshore & Warehouse Union (ILWU) and 70 employers on the US west coast, represented by the Pacific Maritime Association (PMA) are back on track.But there is rising concern that the long …
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