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Understand the significant growth trajectory of the Stevedoring Service segment, which is expected to reach US$63.2 Billion by 2030 with a CAGR of a 9.6%. The Cargo Handling & Transportation Service segment is also set to grow at 8.6% CAGR over the analysis period. Gain insights into the U.S. market, estimated at $19.9 Billion in… Read More
United States Maritime Alliance (USMX) employer group and the International Longshoremen’s Association (ILA), in a joint statement, called the agreement a win-win The union representing 45,000 dock workers on the US East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting a strike that… Read More
WASHINGTON, D.C. — Port operations were on the radar as maritime stakeholders held an encompassing conversation ranging from harbor dredging and anchorage development to sustainability and alternative fuels infrastructure. The free-flowing discussion on Tuesday came at the 104th annual meeting of the Transportation Research Board, where thousands of academics, researchers, government officials, and private sector… Read More
U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economy. The International Longshoremen’s Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a Jan. 15… Read More
On Jan. 3, Toshiko Hasegawa announced that she had been elected by her peers as the Port of Seattle Commission President. She is the first Asian American woman to lead the Port in this capacity in its 110-year history. Prior to her election, she was Commission Vice President. Hasegawa is a fourth-generation Japanese American and… Read More
Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas. The International Longshoremen’s Association wants to eliminate past labor contract concessions on automation – notably the use of… Read More
Negotiators are set to resume debate tomorrow for workers at East and Gulf coast cargo ports. Retailers and manufacturers across the country are keeping a watchful eye on negotiations starting tomorrow to draft a new contract for dockworkers at East coast and Gulf coast ports, as the clock ticks down to a potential strike beginning at… Read More
With the labor contract unresolved and fears increasing for another longshoremen’s strike at U.S. ports on the East and Gulf Coast, Hapag-Lloyd announced plans for surcharges for all containers booked to the ports. The strike could start in just three weeks and the fees would kick in days later should a strike occur, The Maritime… Read More
The changes stem from the dissolution of a vessel-sharing agreement between shipping giants Maersk and the Mediterranean Shipping Co. Ahead of the dissolution of a vessel-sharing agreement between the world’s two largest shipping companies, JaxPort announced that it had established new and enhanced partnerships with leading ocean carriers. The changes were prompted by the upcoming… Read More
CHARLESTON, S.C. – After nearly 14 years of voyages, Carnival Cruise Line will no longer call Charleston a homeport. Carnival Cruise Line and the South Carolina Ports Authority have been in partnership since 2010, but in 2022, both parties agreed to not extend the cruise contract further. That decision will officially go into effect this… Read More
Port Authority Awards Major Contract to U.S.-Based Richmond Engineering $20.5 Million of Total Contract to be Spent with Alabama Businesses MOBILE, ALA. – The Alabama Port Authority today announced a major contract to a U.S. company with significant work to be completed in Alabama. This contract, which will fund the production of two new Stacker… Read More
EVER since metal boxes big enough to hold 50 refrigerators revolutionised shipping nearly 70 years ago, dockworkers have fought to defend the importance of skilled labour in global commerce. Yet technological advances in robotics and automation continue to threaten their roles, especially in US ports. The International Longshoremen’s Association, or ILA — the 47,000-member union… Read More
PORT ARTHUR, Texas–(BUSINESS WIRE)–Texas Ports contribute more than $713.9 billion in economic activity for the State accounting for 28% of Texas’ gross domestic product (GDP), further advancing Ports as a catalyst for state economic growth and job generation, according to a recent economic impact study by the Texas Ports Association (TPA). TPA’s most recent economic… Read More
By Brendan Murray (Bloomberg) The world’s No. 2 container carrier urged customers to remove cargo from East and Gulf Coast ports in the US before a Jan. 15 deadline for dockworkers and their employers to avoid a possible strike just days before President-elect Donald Trump takes office. “If no agreement is reached by that date, a coast-wide… Read More
The last time President-elect Donald Trump used tariffs to wage the US-China trade war, it upended US ports. Suppliers rushed to frontload inventory ahead of implementation dates, straining infrastructure ill-equipped to handle the volume surge. The COVID pandemic only accelerated the untangling of global supply chains. Logistics firms say the lessons from those experiences and the changes… Read More