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Muted US port volumes combined with new chassis coming off assembly lines will result in an equilibrium in the market in which equipment shortages are no longer an issue by midyear, chassis providers and trucking executives believe.&nbsp; Most of the 2022 chassis orders have been fulfilled and enough units should be available to supply the needs of shippers by June, if not beforehand, according to chassis lessors.&nbsp; Mike Burton, president of C&amp;K Trucking, which is owned by Mediterranean Shipping Co., said how well importers clear out inventory in March will be an important factor in determining the timing of chassis...

Chassis providers believe the equipment shortages that bogged down inland supply chains in 2021 and 2022 will soon no longer be an issue for shippers, allowing the industry to return to a more typical supply/demand balance. 

Container shipping

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The American Trucking Associations said Julie Su’s track record of supporting California’s A.B. 5 law and a lack of support for the trucking industry has failed to reassure them she would be a successful Secretary of Labor. 

With international rail volume down by double-digit percentages in 2023, chassis providers have an opportunity to reflect on the struggles of 2021 and 2022 and adjust their networks ahead of the next surge.

The ILWU Friday shut down some terminals at West Coast ports after coastwide contract negotiations broke down Thursday because the union and employers are reportedly far apart on wages.

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ATA urges Congress to reject Su as Labor chief

US chassis lessors learning from pandemic surge as demand wanes

ILWU shuts down some US West Coast port terminals