Trans-Atlantic opportunities but you need to act now
After three years, the container shipping lines’ trans-Atlantic feeding frenzy is over and with rates now well below pre-pandemic levels, this is the time for shippers to take advantage -…
Archive: USA
Panama Canal risk rising
While ongoing vessel and draft restrictions on the Panama Canal have not impacted shippers yet, we are monitoring the increasing queue of container ships waiting to transit the canal closely,…
75% of ILWU Canada membership ratify deal
With union members voting to accept a contract tentatively reached in Western Canada and the port of Halifax, Montreal is the last major container port to agree a new labor…
Mixed performance on sea freight lanes
Last week’s spot rate data saw trans-Pacific rates into the US West and East Coasts increase for the 3rd consecutive week, while rates from Asia into North Europe flatlined, Asia…
Trans-Pacific sea freight changes
As carriers announce rate increases from Asia to Europe, they are also implementing a raft of service suspensions, port call changes and blank sailings to support freight rates from Asia…
West Coast challenges remain
While ILWU members on the US West Coast have secured a 32% salary increase over the life of the next six-year contract, the deal has yet to be ratified and…
After 13 months West Coast labour contract agreed
The agreement in principle was announced publicly last night (14th June 2023) and comes after 13 months of negotiations and a timely intervention by the President’s Acting Labor Secretary, to…
US news round-up
This summary of freight and supply chain developments in May, has been edited by Global Forwarding’s Vice President of US operations, Adam Davies, who also provides some valuable insights, to…
United States is main non-EU export market for UK SMEs
The US tops the list for UK small businesses to trade with outside Europe, according to new research by the Federation of Small Businesses (FSB), with 59% of UK small…
Lines likely to add capacity to profitable transatlantic routes
While the revenues the container shipping lines are making on the transatlantic trade has come down slightly since the beginning of the year, it remains far above comparable revenue on…
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