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Chassis Shortage and Terminal Congestion
Chassis Shortage and Terminal Congestion Since late last year, the three most prominent U.S. ports have been facing chassis shortages and terminal congestion, especially at the Los Angeles-Long Beach and New York-New Jersey ports. According to the Journal of Commerce, … READ MORE »
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Trade Deficit Increases $2.1 Billion in December
According to the U.S. Census Bureau, the U.S. Bureau of Economic Analysis, and the Department of Commerce, the total December exports were $191.3 billion with imports at $230 billion, bringing the trade deficit up to $38.7 billion, a $4.1 billion … READ MORE »
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Port Strikes in Chile End
According to Reuters, the port strikes in Chile ended last week as port dockworkers reached an agreement with Port Workers Front (FTP) and the director of the Puerto Central (PCE) company and returned to work. The strikes at the Chilean ports were … READ MORE »