The Justice Department’s announcement that it has no plans to challenge a proposed agreement between two major chassis lessors at Los Angeles-Long Beach is a key step forward in eradicating a severe problem with chassis availability that has contributed to terminal congestion at the ports all year.
Mexico’s Port of Lázaro Cárdenas reported a second straight month of year-over-year increases in imports in August, following decreases in every previous month for more than a year.
Global container port traffic will top 840 million 20-foot-equivalent units by 2018, with Africa and greater China posting the fastest growth rates, according to shipping consultancy Drewry.
The Justice Department said it won’t challenge an agreement by two major container pools to share each other’s intermodal chassis in a “gray” pool in the ports of Los Angeles and Long Beach.
Diesel particulate matter emissions from ships, trucks, trains and other big machines at the Port of Long Beach has declined by 82 percent since 2005, according to an annual analysis of the area’s air quality.
Terminals at the Port of Los Angeles were poised to reopen at 6 p.m. West Coast time after being shut down because of a fire at a breakbulk terminal.
Negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association will likely conclude without a strike or lockout, former Maersk port executive Tony Scioscia told the IANA conference in Long Beach this week.
Port executives at West Coast landlord ports say that when it comes to fixing congestion resulting from big ships and carrier alliances, the buck stops with them.
New export orders saw China factory output increasing in September as the mainland manufacturing sector continued to expand, reaching a two-month high and raising expectations that inventory building could see export growth into the fourth quarter.
Joseph P. Ruddy has been appointed chief innovation officer at the Port of Virginia, and Shawn Tibbets will succeed him as chief operations officer.