U.S. exporters of agricultural products say uncertainty surrounding the International Longshoremen’s Association Sept. 30 contract expiration is already slowing production and deliveries.
Agriculture Transportation Coalition
The biggest concerns of agricultural exporters as the 2012 peak-shipping season approaches are equipment availability, adequate vessel space and volatility of freight rates.
A spokesman for agricultural interests called upon ports to help increase U.S. exports by reducing delays at marine terminals.
The trends are clear by now. Asian economies are growing and Asian consumers and manufacturers are increasing consumption at a rate faster than their U.S. and European counterparts.
Agricultural exports are facing delays at the Port of Oakland as terminals struggle to provide longshoremen with documentation verifying refrigerated containers containing farm products have not previ
Most shippers of agricultural products are securing the vessel space and equipment they need right now, but they expect space to tighten and freight rates to rise over the next three months, according
New trade pacts approved by Congress will provide a major boost to help push the U.S. out of its economic malaise, a business trade official told forwarders and customs brokers.
Rates for containerized ocean shipping exports from the United States to Asia are sliding this spring as a sharp upturn in vessel capacity offsets relatively strong demand for U.S.