Excerpts from the Portland Business Journal and KATU:
The International Longshore and Warehouse Union on Saturday issued a rebuke of a regional National Labor Relations Board ruling claiming it’s been employing delay tactics to slow operations at the Port of Portland’s container terminal as part of an ongoing labor dispute.
The ILWU, though, on Saturday [...]
Excerpts from the Journal of Commerce:
The Southern California ports also are beginning to experience chassis shortages and dislocation problems as ocean carriers make good on their promise to get out of the chassis business and leave it to third-party providers and pools to manage the equipment.
The chassis issue has caught the attention of [...]
Average spot rates on the eastbound trans-Pacific trade surged by 20 percent this week as carriers put a peak-season surcharge into effect on June 10.
The Drewry benchmark rate for shipping a 40-foot container from Hong Kong to Los Angeles rose to $2,700 per FEU this week from the level of $2,250 per FEU last [...]