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PMA, ILWU agree to tentative 6-year contract at all 29 West Coast ports; details not announced

Corridor to support transition to low- and zero-emission fuels by ships calling at Singapore and San Pedro Bay ports

Poor numbers confirm that U.S. importers continue to cut back on imports from Asia & run down inventories: Drewry

January 2023 imports declined 13% to 372,040 TEUs at Port of Los Angeles, down 32% to 263,394 TEUs at Port of Long Beach

"Since the programme was announced on Oct 25, 2021, the two ports have seen a combined decline of 92% in ageing cargo."

Port of Los Angeles has processed 8.5 million TEUs during Jan-Oct 2022, about 6% down from 2021’s record pace.

While container freight spot rates are dropping, U.S. imports continue to be strong.

OSRA 2022 establishes additional requirements and prohibited conduct for ocean carriers.

Plan includes 18 participants across the supply chain including trucking, warehousing, logistics companies and ports.

The ports of Los Angeles and Long Beach will delay consideration of the container dwell fee until January 28. Since the programme was announced on...

The significant increase in cargo was driven by evolving consumer spending habits during the Covid-19 pandemic, when demand for vacations, dining out...