ILA Labor Negotiations

ILA Labor Negotiations

Special Coverage

Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.

News & Analysis

14 Oct 2019
Carriers will blank at least 37 individual sailings this month and next and suspend an entire weekly service as they attempt to stop further erosion in freight rates in the eastbound Pacific.
14 Oct 2019
Bangladeshi shippers are relieved after the local customs agent that handles Cosco Shipping’s business in the country had its license reinstated.
14 Oct 2019
While the “phase one” trade agreement reduces tensions between the US and China, the two sides are nowhere near reaching a more comprehensive deal at this time, a US-China business expert says.
14 Oct 2019
Sailing withdrawals and rising utilization levels on the Asia-North Europe route are not translating into spot rate increases, suggesting carriers are again chasing market share.
14 Oct 2019
DP World will invite 10 Indian startup businesses to participate in an interactive technology program as it seeks to leverage the benefits of blockchain, artificial intelligence, robotics, simulators, and the internet of things (IoT) for the development of smart trade solutions.

Commentary

Typically, once a U.S. longshore negotiation is settled, the affected ports revert to a state of normalcy despite whatever disruption occurred during the talks. U.S. West Coast negotiations over the past 20 years have never been without disruption but were always followed by near-normal operations that lasted in some cases for years. The six years leading up to the June 30, 2014, expiration of the recent agreement between waterfront employers and the International Longshore and Warehouse Union saw only sporadic disruption. But there is a difference between then and now: The current agreement reached on Feb. 20 failed to resolve all issues and one in particular — chassis maintenance — stands out as holding the potential for sparking further disruption and uncertainty for shippers.