🎣 Port Strike Suspended
Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
The looming US East Coast port strike could disrupt 550,000 TEUs weekly, prompting shippers to turn to Canadian ports as a potential alternative.
ILA union threatens Oct 1 strike, risking 43% of U.S. imports. Businesses worry as billions in daily trade hang in the balance.
U.S. ports report record July container volumes driven by early holiday shipping, with Los Angeles and Long Beach leading gains.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
The Port of Los Angeles processed 752,893 20-foot equivalent units for the month of May. A 3% decline from the 779,140 moved around this time a year ago.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
With the port gradually reopening, this Baltimore trucking firm navigates ongoing disruptions while keeping drivers employed.
Inbound container imports to top two million twenty-foot equivalent units by May, a first since last fall.
Shipping adapts post-Baltimore bridge collapse, with port rerouting stats and recovery timelines.
In 2023, 46.67 million twenty-foot equivalent units of cargo passed through the top 12 U.S. seaports, normalizing to pre-pandemic levels.
Bridge collapse disrupts Port of Baltimore, affecting exports and mid-Atlantic trucking. States scramble to adapt.
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