Update June 4, 2023: Exporters are transferring cargo and rebooking shipments to other ports with vessels becoming overloaded due to these changes. The recovery process has begun on roads in the impacted region, though many remain blocked. Some cities remain under water and a number of factories stopped production because impacted [...]
"To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing increases in tariffs across strategic sectors such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and medical products." White House Fact Sheet | May [...]
Week 20 brings good some news for the global supply chain. The Port of Baltimore expects to reopen for container freight sooner than expected and the potential labor strike in Canada is postponed until further notice. However, ongoing challenges with equipment shortages and inclement weather have led to heavy [...]
A surge in Asian imports to the Pacific Southwest is driving an increase in eastbound intermodal train movement, adding to the chronic deficit in rail cars returning west. ASIAN IMPORTS SURGE AT PACIFIC PORTS The Port of Los Angeles reports that local dockworkers moved 2,380,503 TEUs in the first quarter [...]
In this Week 19 Freight Market Update, we explore the impact of a potential labor strike in Canada, the Paris Olympics, and Key Bridge responses to supply chain delays along with the slight relief rainy season has brought to Panama Canal operations. PARIS OLYMPICS 2024 The upcoming Olympic and [...]
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 shipping [...]
PARIS OLYMPICS UPCOMING IMPACT ON GROUND TRANSPORTATION The 2024 Olympic and Paralympic Games are coming to Paris this summer, and with the excitement of the competition also comes the challenge of logistics in and around the capital city. Both the Olympic and Paralympic Games will have prolonged impacts on traffic [...]
As dockworkers on the East and Gulf coasts prepare to negotiate local port agreements ahead of the mid-May deadline set by their union president, management sources are divided on the risk of a strike as the September 30th expiration of the current contract approaches. While some believe a deal will [...]
The Week 17 Freight Market Update finds ongoing challenges with the global supply chain. Forecasts predict an increase in water levels for the Panama Canal water system in the coming weeks. FINLAND LABOR STRIKE Several labor unions went on strike at port across Finland this month. The unions have [...]
ZEMBA & GREEN WORLDWIDE: REDUCING GHG EMISSIONS THROUGH COLLECTIVE TENDER Green Worldwide Shipping® is proud to announce the successful completion of the inaugural collective tender initiated by the Zero-Emission Maritime Buyers’ Alliance (ZEMBA). This groundbreaking tender for zero-emission ocean shipping will provide greenhouse gas emissions reduction of more than 90% compared [...]
