What is LCL cargo? LCL stands for Less [Than] Container Load. When you are moving a shipment LCL, this means you are sharing space in a full container with other shippers and therefore sharing the costs as well. Many freight forwarders/NVOCC’s offer these services as a lower cost freight option when you have smaller shipments or not enough cargo to fill an entire … [Read more...]
West Coast Ports: Talks Going Smoothly
West Coast Ports: Talks Going Smoothly Though no contract yet, the talks are going smoothly. From JOC: Yet even though it now looks like it will be sometime in August before a new agreement is in place, no one is panicking and tensions appear low. Why? The reason is that McKenna in his TPM comments was true to his word in another, far more important sense. He predicted … [Read more...]
The Latest: West Coast Port Negotiations
The Latest: West Coast Port Negotiations ILWU-PMA talks will resume Aug. 4 Contract negotiations talks are in recess until August 4th so that the ILWU can participate in in talks with grain handlers in the Northwest. From the JOC: In a joint statement, the ILWU and PMA said the past three days were marked by “productive” contract talks. Negotiations on the coastwide … [Read more...]
How declining vessel schedule integrity impacts shippers/consignees.
How declining vessel schedule integrity impacts shippers/consignees. Ocean carrier’s vessel schedules have become increasingly less reliable in recent years. One carrier reported a drop from 78% vessel on time arrival performance on their transatlantic vessels between April and June 2013 to only 35% between January and March 2014. The results to shippers/consignees have … [Read more...]
UPDATE: West Coast Port / Dock
UPDATE: West Coast Port / Dock Negotiations Resume From JOC: On July 11, 2014, negotiations resumed after a 72-hour break that both sides had mutually agreed to. However, there was no extension to the contract. ILWU is working as normal. There are some concerns that the contract was not extended; but it appears that no job actions are planned. Second Quarter Import … [Read more...]