18 Dec 2022

No Container Shortages in Asia (Yet) Despite Destination Backlogs

    A softening of demand combined with record production of new containers last year has forestalled a container shortage. Despite the significant number of containers held up in North America and Europe, ocean carriers, importers and forwarders said that shippers are not facing difficulties obtaining container equipment in China and other points of origin […]

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17 Dec 2022

ILWU-PMA Could Reach Contract Agreement in August-September Sources Say

    Sources close to the West Coast longshore labor negotiations believe that a deal could materialize in August or September with little disruption on the docks. Those who agree with this sentiment said recent joint statements from the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) to keep cargo moving […]

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16 Dec 2022

Strongest June on Record at Port of Long Beach

  The Port of Long Beach achieved its most active June and busiest quarter on record, boosted by increased consumer demand as retailers stock shelves for back-to-school shopping. Dockworkers and terminal operators moved 835,412 twenty-foot equivalent units in June, up 15.3% from the same month last year and surpassing the previous record set in June […]

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15 Dec 2022

China’s lockdown, impact on West Coast ports – ongoing congestion, limited alternatives

Overall, China’s total container volumes have only seen a marginal contraction of 2.5% in April despite pandemic-related lockdowns in Shanghai. Even though Shanghai port recorded a -25% drop in containers handled in April, much of that volume was redirected with seven of the ten largest container ports located in China, The McCown Report assessed. Cargo […]

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15 Dec 2022

Significance of current contract negotiations and Coastal cargo shift

Contract talks started on May 10th between the Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU), the two parties who represent many of the companies and workers that keep U.S. West Coast ports running. WHO ARE the ILWU? Labor Union representing port workers on the U.S. West Coast. Members: More than 22,000 […]

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