East coast port talks resume, with automation and jobs still the sticking points
Negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Employers (USMX) will ...
Transpacific container spot rates were in the ascendancy this week as industrial action storm clouds gathered over US east coast ports.
Drewry’s WCI Asia-US east coast spot rate component inched up 1% on the week, to $8,811 per 40ft, which is 157% higher than a year ago.
But the ‘ship has already sailed’ for Asian exporters trying to get their goods through US east coast ports before a potential strike on 1 October; so it follows ...
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