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Newsletter – September 12, 2018
OCEAN FREIGHT UPDATES
Trains canceled, airports reduce operations as East Coast braces for Hurricane Florencewashingtonpost.comHurricane Florence is rapidly approaching the East Coast — and is already disrupting air and rail travel. As of Tuesday afternoon, airports in the storm’s path were announcing reduced operations, while south of Washington, inter-city rail riders faced disruptions in service starting Wednesday. Read more here.
Drones banned from Shanghai Portsplash247.comDrones may well have been touted as a future vital tool for shipping at last week’s giant SMM exhibition in Hamburg, but ship operators are warned today not to bring these flying cameras to the world’s largest container port, where they are now banned. Read more here.
ILA Locals unanimously approve six-year master contract extensionwww.ajot.comThousands of members of the International Longshoremen’s Association, AFL-CIO at ports from Maine to Texas today overwhelmingly approved a Six-Year Master Contract Extension with United States Maritime Alliance (USMX) that will bring generous pay increases; landmark protections against job-killing fully automated ports; and labor peace and stability through September 30, 2024. Read more here.
Port of Long Beach sees cargo dipajot.comA total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs. Exports increased, inching up 1.9 percent to 119,546 TEUs. Empty containers sent overseas dipped 1.1 percent to 216,968 TEUs. Read more here.
INTERNATIONAL BUSINESS – GOVERNMENT UPDATES
Manufacturers set to ‘gradually migrate production out of China’lloydsloadinglist.comManufacturers will gradually migrate production out of China if the trade war with the US continues to escalate, accelerating a pre-existing trend among by OEMs to source from other parts of Asia, according to the new chairman of the Global Shippers’ Forum (GSF). Read more here.