The chaos of the trans-Pacific peak season has set the stage for tough annual service contract negotiations in the spring between container lines and US importers from Asia.
Bill Mongelluzzo
Bill Mongelluzzo is senior editor with The Journal of Commerce, based in Long Beach, Calif.
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It has now been 12 consecutive weeks that spot rates on imports from Asia have been higher than $2,000 to the West Coast and $3,000 to the East Coast, according to the Shanghai Containerized Freight...
Last year, a hurricane stalled resin exports from the Gulf Coast. This year, rising trade tension between the US and China threatens one of resin’s largest markets.
PierPass, the oldest extended-gates program in North America, was launched in 2005 to increase throughput capacity at the largest US port complex while diverting a sizable portion of the truck...
Containerized exports of recyclables, first hit by China's Jan. 1 tightening of environmental restrictions, were dealt another shot by the imposition of a 25 percent tariff in late August — something...
Spot rates in the eastbound Pacific show no sign of softening, and shippers may end up paying high spot rates through the end of the year, if imports remain strong. New US tariffs beginning Jan. 1...
The new Harbor Trucking Association-Milestone pool at LA-LB is improving truck turn times and round-the-clock access to a variety of chassis types during the current peak season.
“The short term is bad, but it’s actually the long term that’s more of a concern,” said Mike Steenhoek, executive director of the Soy Transportation Coalition. Brazil and Argentina have emerged as...
“Retailers are continuing to import merchandise in order to meet consumer demand even though tariffs are now in place on roughly half the goods imported from China and the trade war is still...
As uncertain as trans-Pacific rates have been, they are up 56 percent to the West Coast and 67 percent to the East Coast, compared with early Oct. 2017. However, more price volatility is anticipated...
Dwell times at Vancouver rail facilities are approaching last winter’s levels, when port congestion was the worst in years, but terminal operators say the factors driving the current delays are not a...
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Oct 16, 2018 2:00PM EDT
