Filed in Ocean Freight
Friday, December 28, 2012
News that the International Longshoremen’s Association and United States Maritime Alliance have agreed to extend their contract negotiations for an additional 30 days was welcomed by the National Retail Federation today.
If the International Longshoremen's Association and the U.S. Maritime Alliance fail to come to terms on a master contract by midnight tomorrow, East Coast shippers will face a dismal start of the new year.
Thursday, December 27, 2012
While the Federal Mediation and Conciliation Service – the federal agency charged with mediating private sector labor disputes – has the International Longshoremen’s Association meeting with management to avert an East Coast and Gulf port strike, shippers are bracing for the worst before the December 29 deadline
Wednesday, December 26, 2012
Matson, Inc. announced that it has signed a definitive agreement to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand that has been in business since 1968.
The Urban Land Institute’s (ULI) noted in a recent report that despite the extraordinary devastation caused by Hurricane Sandy, it was not particularly severe as storms go
Monday, December 24, 2012
This holiday season, let’s remember those toiling on the high seas, who make ocean cargo shipping the key symbol of globalization. It’s lonely and often dangerous work, done by professionals who – for the most part – remain background players in the worldwide distribution network. Without them, however, the backbone of the supply chain would surely crumble.
Friday, December 21, 2012
While shippers using East and Gulf Coast ports brace for the imminent strike of ILA dockworkers, the West Coast shipping community is also expressing concern.
Wednesday, December 19, 2012
In two separate letters, The National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) called upon President Obama to engage directly in contract negotiations between the International Longshoremen’s Association and the United States Maritime Alliance, Ltd.
Friday, December 14, 2012
A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion, rerouting, hoarding, and price speculation ripple through supply chains of global companies, Marsh warned in a new report published this week.
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Monday, December 10, 2012
Even though the nation’s top ocean cargo gateways have been virtually shut down for several days this past month, retailers are reporting a slight increase in inbound throughput.