Asia-USWC spot rates weakening as vessel overcapacity takes hold
A widening spread between the West and East coasts comes as carriers have added fresh capacity, especially to Southern California, to take advantage of what had been a sharp jump in demand and rates following the US pause on higher tariffs against China.
Congress takes aim at China’s maritime industry with new legislation
A trio of bills would change US shipping law to reflect the current wariness surrounding China’s maritime industry and promote cargo preference for US fleets.
US chassis providers getting equipment ready for US import surge
TRAC Intermodal, DCLI and FlexiVan Leasing began unstacking chassis shortly after the Trump administration last month announced a 90-day pause on the 145% tariffs on Chinese imports.
Cargo origin will determine trade war winners and losers among US coasts
Because the West Coast’s share is higher for China-originating freight than any other region, any move away from China by importers can be expected to negatively affect the USWC’s share of inbound cargo, writes Larry Gross.
BC longshore foremen reach deal with port employers on new contract
Maritime employers along Canada’s West Coast have a new agreement that will avert the type of labor actions seen late last year.
APM clearing out New Jersey rail container backlog ahead of a summer surge
The terminal operator said it has reduced the inventory of rail-bound containers at its Elizabeth facility to about 1,600, down from about 4,000 in early May.
Disruption lingers at Mexico’s Manzanillo port weeks after brief strike
While terminal operators had hoped that problems stemming from the mid-May work stoppage would be mostly over, forwarders are still reporting cargo delays.
Asia port disruption wave reaches Singapore
That the port is the largest transshipment hub makes it convenient for carriers to transship cargo as they redeploy vessels from European and other long-haul trades to US-focused services.