In 2020, the American Trucking Association (ATA) and Intermodal Carriers Conference (IMCC) claimed the driving contributors to a $1.8 billion shipping delay cost accumulation were merchant haulage contracts. These contracts, between ocean carriers and shippers, create limitations of chassis options for trucking companies. The overall verdict was in favor of [...]
U.S. Government Accountability Office Releases Supply Chain Resilience Report A short trip to the local grocery store is all you need to see that the U.S. supply chain has not yet recovered from COVID-19. Empty shelves continue to frustrate customers and retailers alike. One of the most concerning issues currently [...]
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 international [...]
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 [...]
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 [...]
