Port News

A weekly index of intermodal spot pricing showed post-peak season weakness and was weighed down by rate erosion on freight moving out of Chicago, where intermodal prices have been consistently strong this year. However pricing support out of the West Coast pointed to the effects of congestion at the Los Angeles-Long Beach ports.

Spot market dry van truck rates in the U.S. rose in the week that ended Nov. 22 and are more than 9 percent higher than in the same week a year ago, DAT Solutions said.

BNSF Railway is no longer accepting empty containers headed to Seattle and Tacoma marine terminals at railyards in Chicago; St. Paul, Minnesota, Denver and Omaha.

The International Longshore and Warehouse Union and Pacific Maritime Association are meeting independently today to consider various issues that have been raised in contract negotiations, although they remain ready to reconvene face-to-face talks in advance of the Thanksgiving holiday if necessary.

Saying water levels have fallen in the St.


Indian shippers already facing a wave of surcharges tied to landside congestion at major ports received another blow earlier this week when the federal government issued a decree allowing Indian Railways to charge a “port congestion surcharge” for cargo moving to inland distribution points.

Keeping track of the constantly changing rates and amendments in the container booking system is complex and an exercise in frustration for forwarders, beneficial cargo owners (BCOs) and NVOCCs, but crucial to establishing a bottom line cost, believes CargoSphere president Neil Barni.

Congestion at West Coast ports could get slightly worse over the Thanksgiving weekend as longshoremen and employers take time off to celebrate the holiday.

APM Terminals is eyeing expansion in Turkey to take advantage of container volume growth at the nation's Mediterranean and Black Sea ports.

The idle container ship fleet has fallen to its lowest level since the global financial crisis erupted in late 2008 , as port congestion on the U.S. West Coast and in Manila keeps vessels in work.