Labor disruption averted at Chicago O’Hare
Swissport Cargo is the latest cargo handler to sign a labor peace agreement with the Service Employees International Union (SEIU),…
U.S. port congestion continues to ebb
Vessel lineups at remaining U.S. East Coast and Gulf ports have reached single digits with terminal utilization at sustainable levels.…
Ocean carriers see little hope as the Chinese New Year approaches
The latest data from Xenata shows a dramatic increase in blank sailings compared to the same period in 2019 in…
FMC enforces carrier compliance with ‘no-retaliation’ rules
The US Federal Maritime Commission (FMC) is asking the top 20 ocean carriers to provide information on their compliance with…
Port of Long Beach wins channel deepening project
Long Beach’s channel deepening project was one of only five navigation projects that secured federal authorization under the Water Resources…
Ocean schedule reliability is back to 2020 levels
Container shipping reliability improved throughout 2022 but remains well below pre-pandemic baselines. Delays into the US West Coast are minimal,…
USTR extends China tariff exclusions
The US Trade Representative (USTR) announced a nine-month extension of 352 product exclusions from the Section 301 tariffs. The public…
Carriers offering more flexible contract options
In response to softening container market dynamics and outlook, carriers are adjusting their contract options to provide more flexibility. This…
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Spot market ocean rates continue pull back
Key rate indices illustrate the ocean market’s adjustment to pre-pandemic levels with a key exception on the trans-Atlantic westbound trade.…
2022 Air Cargo market overview
Freightwaves offers a colorful and succinct summary of the dynamic global air cargo industry in 2022 and peeks into 2023.…
Port of Houston to implement a Sustained Import Dwell Fee
Beginning February 1st, the Port of Houston will implement a fee of $45 per container per day starting on the…