For more than six months, the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have been striving to come to an agreement that is acceptable to both sides. The ILWU contract negotiation affects 22,000 employees at ports...
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You’ve undoubtedly heard the saying, “what goes up must come down.” Such is the case across the board, and it also seems to be coming true for the shipping industry. Amid...
The shipping industry has weathered numerous storms over the past few years, primarily due to the effects (and aftereffects) of the COVID-19 global pandemic. Now, as we look...
First it was the backup off the coast of California, when shipping containers sat at port for up to eight days. Now the backup has shifted to the East Coast, causing port...
With a current inflation rate of 9.1%, it’s hard to believe anything could be going down in price. However, that’s exactly what’s happening with freight rates. One large...
Just when we thought the worst was behind us and the world was getting back to something resembling normal, chaos has returned. Shipping delays are currently being reported...