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Stories filed under "Industry News"

U.S. West Coast Update: Perez Announces Tentative Five-Year Agreement

According to multiple media outlets, U.S. Labor Secretary Thomas Perez has announced that the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) have reached tentative agreement on a new five-year labor contract governing West Coast ports. Over the next several weeks, the membership of both groups must vote to ratify the contract,… Continue reading

U.S. West Coast Update: Amid Worsening Congestion, Lockout a Possibility

As reported by multiple media outlets, the Pacific Maritime Association (PMA) held a press conference on February 4 to outline its latest contract offer to the International Longshore and Warehouse Union (ILWU). The proposed five-year agreement includes a commitment to continued 100% healthcare coverage for dockworkers (including the so-called Cadillac tax under the Affordable Healthcare… Continue reading

TSA Carriers Announce Feb. 9 GRI

According to multiple media outlets, carrier members of the Transpacific Stabilization Agreement (TSA) are planning a new General Rate Increase (GRI), effective February 9, 2015.  This latest GRI, announced as USD 600 per 40’ container, is being characterized as an attempt to increase base rate levels in advance of a projected volume spike prior to… Continue reading

ILWU, PMA Turn to Federal Mediation

The Federal Mediation and Conciliation Service (FMCS) has announced that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have requested its assistance in resolving the parties’ ongoing contract negotiations. The labor talks, which began in May and have reportedly contributed to current congestion levels at U.S West Coast ports, have… Continue reading

ILWU Weighs PMA, Shipper Requests for Federal Intervention

According to multiple media outlets, the International Longshore and Warehouse Union (ILWU) continues to consider a call by the Pacific Maritime Association (PMA) to engage a federal mediator in the parties’ ongoing contract negotiations. Initially, union leadership indicated that it would respond to the request by December 23, but it has since announced that more… Continue reading

FMC Plans Tighter Oversight of Carrier Surcharge Process

As reported by multiple media outlets, the Federal Maritime Commission (FMC) remains focused on ensuring that the process by which ocean carriers communicate and implement surcharges is “transparent and fair.” According to FMC Commissioner Michael Khouri, who spoke recently at a port productivity conference in Newark, NJ sponsored by the Journal of Commerce, the FMC… Continue reading

TSA Carriers Suspend Congestion Surcharge, Focus on Dec. 15 GRI

According to multiple media sources, carrier members of the Transpacific Stabilization Agreement (TSA) have agreed to suspend their focus on Congestion Surcharges that would impact shipments transitting U.S. West Coast ports. Instead, the group has chosen to emphasize a proposed General Rate Increase (GRI) of USD 1,000 per 40’ from all Asian origins to all… Continue reading

Resumed ILWU, PMA Negotiations May Prove Critical

According to multiple media outlets, formal contract negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have resumed for the first time since November 20. Experts posit that, if substantial progress is made between December 3 and December 15, when the ILWU caucus will convene in San Francisco, ILWU… Continue reading

Update: Transpacific Carriers Postpone Congestion Surcharge (Again)

According to multiple media outlets, carrier members of the Transpacific Stabilization Agreement (TSA) have elected to postpone a planned Congestion Surcharge on cargo bound for the U.S. West Coast until further notice. This is the second time in two weeks that the surcharge – widely announced as USD 1,000 per 40’ and slated for implementation… Continue reading