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USA West Coast Ports Update

International Longshore and Warehouse Union (ILWU) members followed management’s lead and signed on to a new labour contract for the US west coast ports last Friday, effectively rubber-stamping the end of the dispute that congested US West Coast ports for months. Although the tentative deal was agreed in February and work resumed as normal in […]

USA shipping prices rise while Prices fall to Europe

Asia Shipping Rates Rise to the USA and Fall to Europe

Shipping prices from Asia to the USA continues to rise. Prices this week have risen over 6% to an average of $4,978 per Forty Foot Container. Prices along the East Coast of the USA are hitting highs which have never been seen before. The reason for this is due to congestion along the West Coast […]

Asia Shipping News – Prices to remain volatile after Alliance is blocked

Today the Chinese Ministry of Commerce has officially blocked the plans of an alliance between some of the major shipping lines.  citing the potentially negative impact such a partnership would have on other carriers The Shipping lines Maersk, MSC & CMA had been planning an Alliance to begin in the later part of 2014. The […]