Industry Insights
More Than 70 Companies Declare Force Majeure on West Coast More than 70 trucking companies have sent letters to the Intermodal Association of North America and steamship lines declaring force majeure—that they won’t be able to fulfill contracts because of unforeseen circumstances, according to news from the Harbor Trucking Association reported by American Shipper. Truckers […]
The Pacific Maritime Association (PMA) announced today that vessel operations will be suspended at U.S. West Coast ports. The seaports, which handle some $1 trillion in trade per year, will close on Thursday, 2/12; Saturday, 2/14; Sunday, 2/15; and Monday, 2/16. However, yard, gate and rail operations will continue at terminal operators’ discretion. According to […]
As west coast port disruption continues due to the International Longshoreman and Warehouse Union labor dispute with the Pacific Maritime Association, shippers pay the price, and international transportation intermediaries need to be aware of potential liability exposures. These types of disruptions wreak havoc within the supply chain and the following consequences should be considered. 1. […]
As of 2/5/2015, CBP reported 1,188 activity code 1 electronic Single Transaction Bonds (“eSTBs”) accepted in ACE. Of those bonds, there have been seven bond/entry matches in the system and 360 bonds have been voided. That leaves 821 eSTBs that possibly should have been paper. There are only two entry methods for which eSTBs are allowed, […]
PMA Announces Temporary Suspension of West Coast Terminals, Impact on Exporter & Importers On Wednesday, we issued a news alert sent by Peter Friedman of FBB Relations of a projected lockout on the West Coast. Today, the Pacific Maritime Association (PMA) announced its member terminals would be halting all vessel loading and unloading operations […]
News Alert Update: PMA Seeks to Break Deadlock on West Coast Port Negotiations, Avert Lockdown The Pacific Maritime Association (PMA) in a press release today announced that in an effort to break the deadlock in stalled West Coast longshore negotiations, it has made an “all-in” contract offer that significantly increases compensation to members of the […]