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ILWU & PMA reach tentative five-year agreement
ILWU & PMA reach tentative five-year agreement After nine months of contract negotiations, the ILWU and PMA have reached a tentative five-year agreement. This comes after several weeks of federal mediation and after President Obama sent the U.S. Labor Secretary … READ MORE »
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West Coast Port Shut Down for Four of the Next Five Days
West Coast Port Shut Down for Four of the Next Five Days The PMA announced a suspension of vessel operations for four out of the next five days, effectively causing a West Coast port shut down, similar to last weekend. … READ MORE »
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U.S. Trade Deficit Increased 17.1% to $46.6 billion in December
U.S. Trade Deficit Increased 17.1% to $46.6 billion in December According to the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, the U.S. trade deficit increased 17.1% to $46.6 billion in December, up from $39.8 billion in November. … READ MORE »
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Ocean Carriers Are Skipping Port Calls to Remain on Schedule
Due to continued port congestion at the West Coast ports, some ocean carriers are skipping port calls in an effort to maintain their sailing schedules. This means that ocean carriers may skip Los Angeles/Long Beach, Oakland, or Portland calls and … READ MORE »