News
October 3, 2024
A major union for U.S. dockworkers and the United States Maritime Alliance agreed on Thursday to a tentative deal on wages and have extended their existing contract through Jan. 15 to provide time to negotiate a new contract.
October 1, 2024
Customs and Border Protection (CBP) said during a 1 p.m. ET call with the trade today that its operations in the ports of entry impacted by the International Longshoremen’s Association (ILA) East-Gulf Coast port work stoppage are “open for business.”
October 1, 2024
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.
September 27, 2024
Two major terminals at Montreal Port operated by Terminal Termont Inc. will close next week as unionized dockworkers prepare for a three-day strike starting Sept. 30.
August 27, 2024
Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on Tuesday, after agreeing to a new five-year deal.
August 9, 2024
Taiwanese shipping firm Yang Ming Marine Transport Corp said one of its cargo ships caught fire on Friday at China's Ningbo-Zhoushan Port, one of the world's busiest.
August 6, 2024
Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.
July 26, 2024
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with imports, piling up, following nearly a week of student protests that led to a highway blockade, curfew and internet restrictions.
July 23, 2024
Financial markets will close and people given the day off work as Typhoon Gaemi barrelled towards Taiwan on Tuesday bringing strong winds and torrential rain.
July 19, 2024
Air cargo operations have been impacted by the IT disruption that has seen computer systems malfunction at airlines and airports worldwide.