What’s Going on at West Coast Ports
As Green continues to monitor the situation, stay up-to-date on freight news by following us on Facebook, Twitter, and LinkedIn. For continuous updates, make sure to check out our website at greenworldwide.com.
West Coast Port Productivity Suffering from End of the Year Fast-Forwarding
Over the past three months, West Coast ports have been handling record-breaking levels of imports from Asia as importers rush to bring in China-sourced inventories before exclusions on Section 301 tariffs expire at the end of the year. Workforces handling the cargo at marine terminals, railroads, and distribution warehouses, however, [...]
West Coast Ports Expected to Remain Congested Through the End of 2020
In recent weeks, numerous shipments of holiday goods, inventory replenishment, e-commerce fulfilment, and even next spring’s home improvement merchandise have caused major congestion at U.S. West Coast ports like Los Angeles and Long Beach in California. The spike in import volume from mainland China into the U.S. is expected to [...]
West Coast Trans-Pacific Market Update
As Green continues to monitor the situation, stay up-to-date on freight news by following us on Facebook, Twitter, and LinkedIn. For continuous updates, make sure to check out our website at greenworldwide.com.
Rate Increases and Congestion at West Coast Ports Triggers FMC Warning to Carriers and Vessel-Sharing Alliances
Strong Trans-Pacific trade volumes leading into the Chinese Golden Week Holiday (beginning October 1st), is causing extreme congestion in Southern California and Pacific Northwest ports as spot market rates climb to new year-over-year highs; some carrier notices have advised vessel delays of up to a week before even having the [...]
Texas Ports Prepare for Hurricane Laura, Delays Expected
Port of Houston officials released tentative shutdown plans in preparation for Hurricane Laura that is expected to reach the shores of Texas and Louisiana this Wednesday evening as a Category 3 storm. Barbours Cut and Bayport Container Terminals: Cease all terminal Ops Tuesday evening. Gates will close at normal hours. [...]
U.S. Removes Hong Kong’s Special Status, Trade Implications for Imports and Exports
On May 29, 2020, the United States President, Donald Trump, announced a significant change to international trade policy in response to China’s controversial new security law. The U.S. believes China’s recent actions to be a “plain violation of Beijing’s treaty obligations with the United Kingdom in the Declaration of 1984 [...]
Fuel Prices Drop Amid New Market Conditions
In recent weeks, global gas prices have dropped significantly, and though most consumers have been unable to take advantage of these savings directly due to quarantine restrictions, other businesses have found a silver lining. The reduction in fuel costs has provided some adjustment relief for the transportation industry that had [...]
Port of Miami Closes Due to Low Volume, Resumes Operations Next Week
The Port of Miami Terminal Operative Co. (POMTOC) announced on its website that two of its terminals will be temporarily closed due to low import volumes from blanks sailings. POMTOC is comprised of three cargo terminals: Seaboard Marine - 305-863-4444 South Florida Container Terminal - 305-347-3800 Port Of Miami Terminal Operating Company - 305-533-8100 CLOSURES SFCT [...]
Operations Temporarily Suspended at Port of Houston’s Bayport and Barbours Cut Container Terminals
The Houston Port Authority has learned that someone who worked at both Barbours Cut and Bayport container terminals has tested positive for COVID-19. In light of this information, and in an abundance of caution, both public terminals are closed and operations are temporarily suspended while a thorough investigation is being [...]