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 [...]
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 [...]
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 [...]
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 Federal Maritime Commission (FMC) has rejected a petition from ocean carriers and terminal operators who argued that limiting the scope of the party liable for per diem charges on containers would worsen air pollution at ports by creating more congestion. However, according to the FMC, the proposed rule only [...]
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 [...]
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 [...]
