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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

It was initially established in 1937 after a strike that started in 1934 and the union has a contract with the Pacific Maritime Association that covers 29 container ports and 15,000 dockworkers. Terminal operators are the main decision makers when it comes to automation. For countries like the U.S.

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

Important Components of Contracts for Ocean Freight The negotiation of rates and prices is a fundamental component of maritime freight contracts. Shippers want to acquire competitive rates that fit within their spending limits, while carriers want to reach lucrative agreements that consider the state of the market and operating expenses.

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Progress Has Been Made on U.S. West Coast Port Labor Negotiations

MTS Logistics

West Coast dockworkers, has advised that they have reached a tentative agreement with the Pacific Maritime Association (PMA) which represents the shipping lines and terminal operators, on certain key issues. The negotiations will continue until they reach a definitive pact. The negotiations cover 29 U.S.

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What is ISPS and who has to pay it?

Globalior

This is an important part of maritime laws and regulations that safeguard the safety of ocean faring vessels, sea ports, seamen, crew and cargo. ISPS code regulations were introduced by the International Maritime Organization (IMO) on the 1st of July 2004. Analysis of information collated.

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Latest global shipping crisis report released

Logistics Business Magazine

Descartes Systems Group , a global leader in uniting logistics-intensive businesses in commerce, has released its October report on the ongoing global shipping crisis and analysis for logistics and supply chain professionals.

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A simple but clear perspective on the notion of Shipping Cartels

Shipping and Freight Resource

As I highlighted in my Annual Review for 2021 , global container shipping alliances operating in the container industry account for 84.60% of the container shipping market. It’s definitely not the whole story. “ Are container lines in a position of extreme power? Eric Johnson (@LogTechEric) December 21, 2021.

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Regulation Blowback: How Governments are Pushing Back Against Carriers

MTS Logistics

Many argue that ocean carriers are the definition of an oligopoly. House of Representatives passed in December 2021, the Ocean Shipping Reform Act which gives the US Federal Maritime Commission more power to act on anti-competitive behavior by container shipping lines and would require ocean lines to “meet minimum service standards.”