GLOBAL MARKET INSIGHTS
Keeping you updated on the latest industry news.
The Master Contract between ILA and USMX New Announcement Tonight 10/3/2024 7PM
The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, ... Read More
The Master Contract between ILA and USMX Remains Unresolved
The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) are at a deadlock on this the 3rd day of port closures along ... Read More
ILA and USMX Have Not Yet Been Resolved A Strike Is Possible
Just 3 days remain for negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), and the potential of the looming ... Read More
Tips for Navigating the Peak Shipping Season
This year’s peak shipping season looks to be getting an earlier start than usual. According to the National Retail Federation, monthly U.S. import volumes are ... Read More
Biden Hikes Tariffs on Numerous Imports from China: Batteries, Steel and Aluminum Products, Critical Minerals, Medical Products, and More
Pres. Biden is increasing tariffs on $18 billion worth of Chinese goods, mainly targeting key sectors deemed strategic to national security. The Administration has for ... Read More
Shipper Frustration Mounts as Demand Spikes, Capacity Tightens, and Rates Soar
Shippers and carriers have been caught off guard by a sudden surge in demand on Asian trades. Despite the soaring demand, capacity has remained static, ... Read More