Wan thanked Port of Oakland maritime stakeholders, including truckers, shippers, terminal operators, and longshore workers represented by the International Longshore and Warehouse Union (ILWU): “We have a partnership with you, and we are making great strides …
Mary E. Lovely, Senior Fellow at the Peterson Institute of International Economics, based in Washington D.C., warned of “uncertainty” and “disruption” on U.S. trade and for U.S. shippers as a result higher tariffs expected to be implemented by President-elect Donald Trump.
On October 29th, American Association of Port Authorities (AAPA) President & CEO Cary Davis said the AAPA continued its strong advocacy for U.S. ports and emphasized the importance of new federal renewable energy grants, totaling $2.9 billion, supporting new economic development.
Moreover, countries that are neither close allies of the US nor of China are growing their shares of world trade, connecting geopolitical rivals, while traded goods are traversing the longest average distance on record, countering claims of a broad regionalization trend.
While the term “globalization” is not much in vogue these days, the US industry and its supply-chain operators can hardly detach themselves from the enmeshed world’s economies and markets, highlighting the interdependence of the world economies and markets, and the importance of international networking.
In industrial actions that could potentially affect billions of dollars in Canadian trade and spark cargo diversions, all 730 foremen at British Columbia ports were locked out today by maritime employers for failing to withdraw a strike notice while in the eastern region of the country an “unlimited strike” by longshoremen launched last Thursday against a major container operator was continuing.
Heading into its 25th anniversary next year, tiny Pacific Air Cargo, (PAC), which has been operating for most of its existence with a single leased freighter aircraft, has added giant Atlas Air to its Kalita Air ACMI partner network and is providing shippers with added capacity through eight 747-400F ACMI weekly flights from Los Angeles to Honolulu and on to Guam.
In a new pressure tactic in a series of partial work stoppages, the union representing 1,200 longshoremen at the Port of Montreal today began an “unlimited strike” uniquely targeting Termont, which operates two terminals accounting for 40% of container cargo at Canada’s second biggest container port after Vancouver.
The American Association of Port Authorities (AAPA) 2024 Convention in Boston continued October 29th with discussion of $3 billion in new federal grants for clean ports and testimonials from port executives about the work of AAPA