Negotiators from the International Longshoremen’s Association (ILA), the labor union representing dockworkers at U.S. East and Gulf Coast ports, and the United States Maritime Alliance (USMX) spent Thursday and Friday discussing a new six-year deal.
Trump threatens to veto budget as shutdown deadline looms
Office of Management and Budget (OMB) Director Mick Mulvaney told reporters President Trump would sign the $1.3 trillion spending package passed by Congress on Friday, but Trump says he is considering a veto over immigration concerns.
High-rise logistics
A high-rise condominium complex overlooking the Port of Miami that is currently being built has a very extensive construction supply chain.
House Republicans challenge Ross on metal tariffs
A litany of Ways and Means Republicans criticized the Trump administration’s approach to a Commerce Department-led investigation into steel and aluminum imports that found such imports could harm U.S. national security.
Burnt Maersk Honam expected to dock in Jebel Ali
The 15,262-TEU containership, which caught fire earlier this month, killing five crew members, is expected to arrive at the Middle Eastern port in a few weeks.
Soo Locks to open Sunday
The Soo Locks, which allow vessels to traverse the 21-foot drop between Lake Superior and Lake Huron, are scheduled to open back up Sunday.
Xeneta: Transpacific rate instability indicative of persistent overcapacity
Ocean freight rates from Asia to the U.S. West Coast are following a similar pattern to last year, when early gains were followed by sustained declines after the Chinese New Year, according to Patrik Berglund, CEO of rate benchmarking platform Xeneta.
Trump officially signs off on China tariffs
President Donald Trump signed off on tariffs covering $50 billion-$60 billion worth of products from China shortly before 1:00 p.m. Thursday.
Japanese ocean carriers stick with Union Pacific
The Ocean Network Express – the joint container business of NYK, MOL and “K” Line – will use Union Pacific to handle all intermodal shipments for vessels calling U.S. West Coast ports.
NAM presses for Ex-Im Bank confirmations
The advocacy group said it wants the Senate to complete the confirmation process for four outstanding nominees to the U.S. Export-Import Bank board as soon as possible.