West Coast Ports: PMA Accuses ILWU of Withholding Offer to Rank & File The PMA’s latest offer included a 3% wage increase each year over five years and fully paid health care. From JOC: The PMA has offered a contract that would raise ILWU wages 14 percent over five years on top of what it says is average annual earnings for full-time longshoremen of $147,000. PMA also … [Read more...]
West Coast Ports: Work Resumes on Monday after Suspension leaves 40 Ships Stranded at Anchor
West Coast Ports: Work Resumes on Monday after Suspension leaves 40 Ships Stranded at Anchor From JOC: Operations on vessels were suspended this weekend on all shifts and at all West Coast ports. The goal - to dig out of the container backlog and congestion. However, the terminals generally maintained gate and yard operations. The goal of the employers was a need to reduce … [Read more...]
West Coast Ports: The Latest News
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...]