West Coast Ports: The Latest News Congestion hits new high - both sides blame staffing Even with Federal Mediation, the PMA and ILWU are continuing their strategy of withholding staffing or opportunities for staffing to pressure the other side in negotiations. From JOC: Terminal operators, which are incurring huge expenses because of plunging productivity, have been … [Read more...]
Relaxed Trade Toward Cuba – Effective January 16, 2015
Relaxed Trade Toward Cuba - Effective January 16, 2015 The recently revised regulations implementing recent changes in U.S. trade and other policies toward Cuba became effective on January 16th. However, these changes do not lift the U.S. economic embargo against Cuba but do allow additional trade-related activities. The revisions to the Cuban Embargo … [Read more...]
IATA: Air Freight Growth for November
IATA: Air Freight Growth for November From IATA: November 2014 data for global air freight markets shows that demand grew 4.2% compared to November 2013. Capacity grew by 3.3% over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8%. The regions that had the most significant growth were the Asia-Pacific and Middle East … [Read more...]
Order Waiving Remainder of Denial Order Period
Order Waiving Remainder of Denial Order Period Fiber Materials, Inc. (FMI) of Biddeford, Maine, was issued an order denying export privileges by the BIS (Bureau of Industry & Security) in March of 2007. The denial order was based on FMI's criminal conviction for violating the Act by knowingly exporting and causing to be exported from the USA to India a component, … [Read more...]
West Coast Ports: Near Gridlock Despite Mediation
West Coast Ports: Near Gridlock Despite Mediation It is being called War of Words that is escalating the dispute between the PMA and ILWU. The PMA is accusing the union of slowdowns and withholding skilled labor that is a causing almost 'complete grid lock'. The ILWU blasted back saying that the PMA conceded that problems were related to operational issues. It seems … [Read more...]