The second annual deputies meeting for United States-Mexico-Canada Agreement (USMCA) was attended by officials from the U.S., Mexico, and Canada to discuss competitiveness, forced labor, and environmental issues as well as review and provide oversight for the ongoing work by USMCA/CUSMA/T-MEC committees to implement the Agreement. FORCED LABOR PREVENTION [...]
Mediterranean Shipping Company (MSC) and Maersk announced the termination of their 10-year 2M Alliance in 2025. Established in 2015, The 2M partnership was formed to optimize ship utilization and manage cargo volume and has served over 30% the world’s container trade. The Alliance served its purpose and provided the efficiency [...]
The extensive labor negotiations between terminal owners and workers at U.S. West Coast ports have caused some shippers to reroute cargo through East Coast and Gulf Coast terminals. The 29 West Coast seaports - including Los Angeles, Long Beach, Seattle-Tacoma, and Oakland - operate primarily through longshoremen, who load and unload ocean vessels [...]
FOCUS ON SERVICE “The entire Union Pacific team recognizes that 2022 did not meet expectations,” Union Pacific (UP) CEO Lance Fritz said during the company’s recent fourth-quarter earnings call. The lengthy labor negotiations in 2022 strained UP’s workforce leading to customer service issues. For example, UP's Intermodal trains fell [...]
Union Pacific (UP) experienced a mainline service disruption on Jan 24th. The disruption occurred near Santa Rosa, NM leading UP to temporarily suspend service between the ports of LA/Long Beach and Council Bluffs, Kansas City, Chicago (Global 4), and Chicago (Ohio Valley) until further notice. SERVICE DISRUPTION IMPACTS UP [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
In the shipping industry, fuel efficiency is an important consideration for vessel operators, as it can have a significant impact on costs and the environment. Let's take a look at the world's most fuel-efficient container vessels, based on their capacity and the type of engines they use. From the [...]
FOUR-YEAR SECTION 301 RESULTS Green Worldwide previously reported that the United States Trade Representative requested public comment on the effectiveness of Section 301 tariffs on Chinese imports. The review period closed on January 17, 2023, and nearly 1,500 comments were submitted by several companies, as well as trade groups [...]
As a company, when you import a product into the United States you bear a certain amount of responsibility for everything that has gone into the process of getting that product to market. This includes being aware of whether forced labor or human rights abuses occurred at any point [...]
United States (US) and European Union (EU) officials met this week to negotiate a new Tariff Rate Quota Agreement (TRQ) in the aftermath of the United Kingdom's (UK) 2021 exit from the EU. A portion of the UK's agricultural export quotas has been reallocated to the US, increasing the [...]
