Increased Traffic on Asia – U.S. Trade Lanes Causes Early PSS Container lines transiting from China to the United States saw a steady up-tick in bookings beginning in January of this year and are projected to continue on this trend … READ MORE »

ILWU Contract Negotiations Begin ILWU contract negotiations began on May 12 ahead of the current contract’s expiration that will occur at midnight on July 30th. Representatives from the Pacific Maritime Association and the International Longshore and Warehouse Union are currently … READ MORE »

U.S. Trade Deficit Decreases as March Exports Reach $193.9 billion According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, exports totaled $193.9 billion, while imports totaled $234.3 billion causing the U.S. trade deficit to decrease in … READ MORE »

Carriers Announce Congestion Surcharges Ahead of ILWU Contract Negotiations  The ILWU contract negotiations are set to begin on May 12th, ahead of the July 1st expiration of the current contract. According to the JOC, “Hapag-Lloyd informed its customers that it … READ MORE »