Regulation & Policy
U.S. shippers, especially retailers, are increasingly nervous and frustrated by supply chain delays and higher transport costs linked to West Coast port congestion, and worried about how that congestion will affect the movement of goods to inland distribution points.
The International Maritime Organization last week agreed to an amended rule requiring container weights to be verified before boxes are loaded, cementing the rule’s implementation in July 2016.
A tentative U.S.-Mexico aviation pact would expand air cargo services linking the North American trading partners, but the biggest benefits may go to global shippers.
Hapag-Lloyd and CSAV just need approval from Ukraine and China to merge and create the fourth-largest container lines, after Mexican regulators gave the tie-up the green-light this week.
U.S. retailers today expressed their disappointment that coastwide U.S. West Coast port labor talks won’t begin until early December and reiterated their call for President Obama to get involved.
It’s not just Brazilian ports that are struggling to meet demand. Brazilian road and rail projects are also suffering from severe delays caused by bureaucratic red-tape.
A federal judge has refused to block the next phase of a multiyear increase in tolls for bridges used by trucks and cars crossing waterways between New York and New Jersey.
U.S. Federal Maritime Commissioners voted 3-2 to ask members of the Transpacific Stabilization Agreement more questions on their proposal to permanently include westbound trans-Pacific trade in their discussion agreement.
Amid pleas of major shippers for a federal mediator, President Obama says he's confident U.S. West Coast longshoremen and waterfront employers can reach a labor contract.
As least seven carriers have suspended newly announced port congestion surcharges on cargo heading from Asia to the U.S. West Coast, likely resulting from importer pushback and U.S. regulatory scrutiny.