Ocean Carriers to Pass on Hefty LA / LB Container Excess Dwell Surcharges to Shippers
As previously announced, the Ports of Los Angeles and Long Beach, under the direction of the Biden-Harris Supply Chain Disruptions Task Force, implemented a new ... Read More
The San Pedro Bay Ports Announce New Surcharge for Containers that Linger at Terminals
Ocean Carriers to be Charged Daily Fee for Containers that are Not Moved Rapidly from the Port The Ports of Los Angeles and Long Beach ... Read More
Worsening Port Congestion off California Coast Threatens Supply Chains
A record number of containerships are piling up waiting to enter California’s ports as COVID-19 disruptions and labor shortages continue to roil the supply chain, ... Read More
Market Update – Mid-November
Air Freight Partial lockdowns across Europe to contain new waves of COVID-19 have led to significant air freight cancellations, with many retailers switching to ocean ... Read More
UK Ports Buckle Under Abnormal Increases in Volume
Terminal congestion at the London Gateway and Southampton ports, the second and third largest ports in the UK, threatens to wreak havoc on supply chains, ... Read More
Market Update – October 2020
Cargo volumes on the Trans-pacific trade route continue to surge following the Chinese Golden Week holiday, resembling the peak season rather than the traditional start ... Read More
Container Shortages in Asian Ports Spreads to India
Severe equipment shortages at Asian ports have spread to India, causing long delays for exporters, especially on U.S. trades. The delays, which began earlier this ... Read More
Labor Strike Forces Diversion of Vessels Bound for Montreal
The stand-off between longshoremen and port employers at the port of Montreal took a dramatic turn for the worse as the union launched an indefinite ... Read More
New York Terminal Loses Bid to Block Maersk, Hamburg Sud Exit
A last-minute court plea by Staten Island’s Global Container Terminals (GCT) has failed to block Maersk’s plan to move service to the APM Terminals (APMT) ... Read More
