Subscribe to Our Powell Points Newsletter

Subscribe to our newsletter to stay informed and educated on the latest industry developments and breaking news, right in your email.

Jan 17, 2023
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),…

Jan 17, 2023
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.…

Jan 17, 2023
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…

Jan 11, 2023
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…

Jan 10, 2023
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…

Jan 10, 2023
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,…

Jan 6, 2023
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…

Jan 6, 2023
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…

Jan 6, 2023
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.…

Jan 5, 2023
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.…

Jan 5, 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…