From the Journal of Commerce:
A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong.
Teo told reporters at the Singamas interim results briefing that the new container inventory [...]
From the 15NowPDX campaign web site:
For the last 18 months ILWU Local 8 (along with other ILWU Locals 19, 21, and 23) has been embroiled in a labor dispute that has kept Local 8 locked out of the ports for over a year. This past week that labor dispute was resolved and a new [...]
Fromt SeaTrade Global:
Present global container traffic trends offer some hope that the industry could achieve a sense of balance two years out, dependent on further quiet in vessel ordering.
The first half was spotty, thereby consistent with economic trends, but delivered growth of 4.9% overall, according to Container Statistics. June was clocked at a [...]
Intermodal volume increased across all segments in the second quarter, contributing to the largest quarterly intermodal growth since 2011, according to the Intermodal Association of North America’s (IANA) most recent “Intermodal Market Trends & Statistics” report.
International container volume increased 9.6 percent, domestic container volume rose 7.6 percent and trailer volume grew 4.3 percent compared [...]
From the Journal of Commerce:
Although the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association certainly resulted in some diversion of cargo to ports on the U.S. East Coast and in Canada, West Coast container volumes are still up noticeably compared to last year.
From yesterday’s Journal of Commerce:
The International Longshore and Warehouse Union today completed its two-day caucus in San Francisco, and the union will resume contract negotiations with the Pacific Maritime Association on Wednesday. … Contract negotiations will resume Wednesday and will continue for the rest of this week, but the talks will recess again on [...]
Click to download news release; text below
SAN FRANCISCO (July 18, 2014) – The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) today issued the following statement:
After several days of ongoing talks, both parties will break from negotiations next Monday and Tuesday in order for the ILWU to convene [...]
Pacific trade talks have reached broad agreement on labour issues and sanitary and phytosanitary standards but some difficult aspects remain to be tackled, Japan’s chief negotiator said on Saturday.
Chief Japanese negotiator Koji Tsuruoka said the 12 member nations of the Trans-Pacific Partnership (TPP) made progress at talks in Ottawa but there was no discussion [...]
Containerized import volume to the U.S. swelled at many major ports in May from April as retailers sought to outrun potential port disruption ahead of the July 1 expiration of a key West Coast port labor contract, according to port officials and maritime experts.
Several thorny contract issues remain, observers said, and importing retailers were [...]
The Council of Canadians, a concerned citizens’ group, is sounding the alarm over what it says is too much government secrecy on a round of Trans-Pacific Partnership trade talks currently being held in Ottawa.
Trade officials from the 12 TPP countries are meeting behind closed doors in Ottawa from July 3-12. It’s believed at least [...]
Employers seek to turn public opinion against the union by exaggerating damages.
Excerpts from the UK-based Handy Shipping Guide:
So, here we go again, the analysts and experts speaking volumes and saying little as the specter of a West Coast port strike looms, or doesn’t dependent on who you read. The facts are simply [...]
”Why is WikiLeaks rooting around for these documents and releasing them to the public? The pacts will require Senate approval, yet lawmakers have had to beg for any details about them. Based on leaks, other big concerns center around health issues. For example, some provisions would block government policies that discourage smoking. There are [...]
Excerpts from an article posted at ILWU Canada:
Professor Michael Osborne of the Oxford Martin School at Oxford University says almost half of all jobs in industrialised nations are at risk of redundancy over the next two decades.
Sydney dockworker and father of three, Ben Bartolo, is experiencing that first hand – he is about [...]
From the Los Angeles Business Journal:
As contract talks have begun between shipping businesses and port workers, importers are stepping up the pace in anticipation of a possible port shutdown. But industry experts believe that both sides are motivated to reach a deal without a repeat of the disastrous lockout of 2002.
In 2002, labor [...]
APM Terminals, the terminal operating arm of AP Moller Maersk, has reported a strong first quarter performance with container growth exceeding the market average.
Container volumes at the Hague-based company’s global portfolio of terminals climbed nine percent, when compared to the corresponding period last year, to 9.4 million TEU.
Meanwhile, profits jumped from US$166 million [...]