July numbers show a decline in container volume for the ports of Los Angeles and Long Beach. From what I have read there are a variety of potential causes for the downturn including, weakening imports, falling U.S. dollar, container ships bypassing the ports, increase in all-water service to the East Coast, and utilization [...]
According to a report from Drewry Shipping Consultants, intra-Asian container trade is booming. Drewy estimates that 28.6 million TEUS moved in that region during 2007 or approximately one fifth of all global trade. The volume is forecasted to nearly double that amount by 2013 to 50.7 million TEUS.
Via Drewy:
This excludes any business moving [...]
I heard about this from one of my contacts, but they were short on details. Supposedly hundreds of containers are stuck at the port and the movement of containers in and out of the port has been halted. Via newKerala.com:
The lorry drivers had gone on a lightning strike on Tuesday night, complaining about the [...]
We mentioned back in March that the Port of Oakland was considering their own clean-air/clean-truck program that had local port customers nervous. Why? Because of the potential to follow in the footsteps of LA/Long Beach in introducing container fees (i.e. container taxes) and pushing drivers into the hands of The Teamsters union by forcing them [...]
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