Nearly all the Shipping Lines have now sent broadcasts to the market advising that their current ocean freight rates are not sustainable. They are all looking to rectify this situation with planned market rate increases several times this year. This increase ranges across all of Asia, both South East and North Asia, along with the Continue reading “Asia Import Customers – Rate Increases”
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U.S East Coast and Gulf Ports Potential Strike Action
The Union ( ILA) leadership has now authorised a call for a strike if a new contract cannot be concluded prior to midnight on December 29, 2012. With the risk of a work stoppage ( strike or lock out) being high, Shipping Lines are working to a number of contingency schedule changes. As it is Continue reading “U.S East Coast and Gulf Ports Potential Strike Action”