News Roundup: U.S. Ports Report Import Declines, But Optimism Is Rising & More
This week: Containerized imports from Asia have fallen by 21% year over year through August. The Port of Los Angeles saw cargo volumes increase 3% year over year in August. Cargo volumes at the Port of Oakland fell 15% year over year. Blank sailings on the...
News Roundup: Drug Supply Chain Security Act Delayed One Year, Railroads Look To Rebound & More
This week: The enforcement of the Drug Supply Chain Security Act has been delayed one year.The Federal Maritime Commission is asking supply chain stakeholders for their opinions on proposed processes. A leading industry analyst said that they expect capacity to...
News Roundup: President Biden Calls West Coast Union Contract ‘Good Deal,’ Trans-Atlantic Westbound Rates Continue To Fall & More
This week: The International Longshore and Warehouse Union voted overwhelmingly to ratify a six-year contract with the Pacific Maritime Association. U.S. President Joe Biden had positive words to say about the agreement. Companies who are collectively known as the FIT...
News Roundup: Labor Contract Ratified By ILWU, Southeast Ports Quickly Opened After Idalia & More
Labor Contract Ratified By ILWU After a bumpy negotiation period that lasted just over a year, the rank-and-file members of the International Longshore and Warehouse Union voted to ratify a six-year contract with the Pacific Maritime Association, the ILWU announced in...