ILA says strike ‘more likely’ as contract deadline looms with no progress The International Longshoremen's Association (ILA) announced that a strike "is becoming more likely" as they struggle to reach a new contract agreement with maritime employers along the East…

Container freight rates seen peaking According to Linerlytica, freight rates may have peaked and are leveling off. The company said new shipping capacity into the U.S. West Coast, North Europe, South America, and the Middle East has reduced pressures on…

Loading worries drive early peak season frenzy on eastbound trans-Pacific Shippers worried about not being able to secure capacity for the upcoming peak season are rushing to book space and equipment on the Trans-Pacific container market. Container spot rates from…

US trade groups urge Biden’s help in restarting stalled ILA-USMX talks A group of U.S. manufacturers, distributors, retailers, and trade organizations is urging the Biden administration to help resume stalled contract negotiations between the International Longshoremen's Association (ILA) and maritime…

Big capacity injection into ex-Asia trades having little effect: Drewry Maritime consultancy Drewry reported that carriers have added 1 million TEUs of new containership capacity to trades originating out of Asia in the first four months of 2024. However, congestion…

U.S Port Negotiations Stall Over Automation Dispute Labor talks between U.S. port employers, represented by the United States Maritime Alliance (USMX), and the International Longshoremen's Association (ILA), representing dockworkers along the U.S. East and Gulf Coast ports, have come to…