LA-LB ports to expand gate hours to ease historic congestion

Ports of Los Angeles and Long Beach announce new measures and incentives to speed cargo velocity as near-record freight volumes show no signs of slowing and congestion mounts.

Labor-management cooperation blooms from COVID-19 chaos: terminals

Their shared experience amid COVID-19 has brought longshore labor and employers on the West and East coasts closer together and is helping the ports to handle record cargo volumes this year, terminal operators said.

CMA CGM, Fenix Marine named in shipper’s FMC complaint

A Brazilian wood importer is the latest shipper to strike back with a Federal Maritime Commission complaint that alleges unfair treatment from CMA CGM and Fenix Marine.

Carrier booking cancellation fee latest hit for Indian exporters

While the issue of container booking cancellations and no-shows is nothing new in the shipping arena, CMA CGM’s surcharge appears to be the first known case in the current acutely imbalanced market scenario.

European shipper groups renew call for regulatory scrutiny of carriers

European regulators will find it increasingly hard to ignore complaints from shippers that supply chain delays and record transport prices are hurting their business, say shipper groups.

Essential Reads

New data on the explosion of capacity being deployed in the Asia-US trade indicates there will likely be sufficient capacity to handle projected import volumes for the rest of the year, but the effective capacity will be reduced by port congestion in the US and Asia.
Los Angeles-Long Beach terminal operators are pulling out all stops to handle a record 20 million TEU of laden and empty containers this year with the peak season now in full swing.
The responses of two major carriers to an importer’s complaint to the US Federal Maritime Commission underscores the difficulty in using a regulatory avenue to settle contract disputes.
Disruption to Asia-North Europe supply chains is growing as the trade moves into its peak shipping period facing soaring rates and falling service levels.
With trust between carriers and their customers at an all-time low in a highly unstable container shipping market, there is growing interest from all parties in the multiyear, two-way contracts enabled by the NYSHEX platform.