Transportation

Subscribe to Our PowellPoints Newsletter

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

Aug 2, 2023
Panama Canal adjusts daily transit capacity due to drought

Starting from 30 July 2023, the Panama Canal will adjust its daily transit capacity to around 32 ocean-going vessels per…

Aug 1, 2023
UPS Agreement poses potential rate hikes for shippers

A new five-year tentative agreement between UPS and the International Brotherhood of Teamsters has been reached. This deal is seen…

Aug 1, 2023
Trans-Pacific rates increase amid capacity cuts

Shipping lines are making progress in managing vessel capacity in the Asia-U.S. trades, leading to a continuous three-week rise in…

Jul 31, 2023
US imports outlook first half of 2023

The recent data from S&P Global Market Intelligence shows that containerized freight imports to the United States remained steady in…

Jul 26, 2023
Yellow Corp and Teamsters Reach Agreement

Yellow Corp and the Teamsters union have successfully avoided a strike by reaching an agreement that extends pension benefits and…

Jul 26, 2023
UPS and Teamsters Reach National Contract Agreement

UPS and the Teamsters union have reached a tentative agreement on a national contract, avoiding a potential strike that could…

Jul 21, 2023
Maersk ready to launch world’s first methanol-fueled containership

Maersk has taken delivery of the world’s first container ship powered by methanol fuel, representing a significant advancement in Maersk’s…

Jul 21, 2023
ILWU Canada called off its 72-hour strike notice

ILWU Canada called off its 72-hour strike notice set to take effect on Saturday, July 22. This is the latest…

Jul 19, 2023
Canada’s West Coast port workers have resumed strike

Canada’s West Coast port workers have resumed strike actions after the ILWU Canada’s longshore caucus rejected the tentative agreement reached…

Jul 17, 2023
Latest US import readings 

In June, the Port of Los Angeles handled its highest monthly import volume since July 2022 despite work slowdowns in…