US port strike threats on East and Gulf Coasts
The International Longshoremen’s Association (ILA) contract with maritime employers, represented by the United States Maritime Alliance (USMX), is set to expire on the 30th September 2024 and with under 10 weeks remaining, negotiations have stalled, making a strike increasingly likely.
Any...
Read more
New US demurrage and detention regulations in force
The Federal Maritime Commission (FMC) final rule on demurrage and detention billing requirements came into force on the 28th May, except for two provisions that are delayed.
The rule applies to ocean common carriers trading to or from the US, including vessel-operating common carriers (VOCCs) ...
Read more
India exporters face more challenges
Shipping lines are imposing surcharges and raising freight rates as capacity from India to Europe, North America and The Rest of The World tightens. Indicative of why this is, can be seen with exports to the US up 13% and significant ocean network changes expected on the India-North America trade...
Read more
US Customs target non-compliant eCommerce and brokers
US Customs and Border Protection (CBP) is taking action to minimise the exploitation of the generous small package, or ‘de minimis' environment. Seizing goods and enhancing enforcement efforts to hold brokers accountable, the CBP’s actions are unsettling the eCommerce and freighter markets, a...
Read more
US importers face multiple challenges
The rapid escalation of transpacific ocean freight spot rates is reminiscent of the spike experienced during the COVID-19 pandemic, while the air freight surge from Asia to the United States, that began late last year, looks likely to continue through the traditionally quiet summer months and int...
Read more
Ocean demand outweighs supply
The ongoing impact of vessel diversions as a result of the Red Sea conflict continues to absorb available capacity at a time when demand is rapidly increasing. Container volumes are already higher than many predicted and there is a possibility that we have already entered a peak season market env...
Read more
Baltimore supply chain contingencies
In Baltimore work to remove the 9,662 TEU vessel Dali and damaged bridge has begun, with seven floating cranes and 30 vessels on scene, but with 4,000 tons of steel pinning the ship to the riverbed port officials suggest vessel diversions could last three months.
The bridge collapse will mean ...
Read more
Maersk vessel collapses Baltimore bridge
The Dali, a time chartered Maersk container vessel with two pilots onboard, crashed into a support pylon of the Francis Scott Key Bridge in Baltimore, Maryland, in the early hours of Tuesday 26th February, collapsing a large section of the 1.6 mile bridge into the Patapsco River.
The Francis S...
Read more
TPM and US review
Organised by the Journal of Commerce, TPM (Transpacific Maritime Conference) is the premier global shipping and supply chain conference, attracting senior executives from all areas of the industry.
Held annually in the port city of Long Beach, California, TPM brings together shippers, carriers...
Read more
Sustainability key to long-term Panama Canal
With 5% of global maritime trade and 40% of US container traffic using the Atlantic-Pacific shortcut, the Panama Canal is a critical link in global supply chains and the drought-driven disruption which started last year is finally relenting, with the key waterway expected to be operating at full ...
Read more
Research uncovers scale of Red Sea disruption
New research by the British Chambers of Commerce (BCC) has found that over half of importing manufacturers and retailers (53%) have been impacted by the disruption to shipping caused by the Red Sea crisis, with over half of exporters (55%) also experiencing increased costs and delays.
The issu...
Read more
US importers face inventory replenishment quandary
Many US companies, including big retailers, were successful over the course of 2023 in clearing out the stockpiles of inventory, that they built up during the pandemic to cope with shipping disruptions and changing buying patterns.
During the pandemic many retailers and manufacturers flipped f...
Read more