News & Insights

More Than 70 Companies Declare Force Majeure on West Coast

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 […]

February 12, 2015

Industry Insights

NEWS ALERT: PMA to Suspend Vessel Operations Again at West Coast Port Terminals

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 […]

February 12, 2015

Industry Insights

3 Potential Consequences of Port Disruptions

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. […]

February 11, 2015

Industry Insights

CBP Releases eBond Statistics

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, […]

February 10, 2015

eBond, Industry Insights

PMA Announces Temporary Suspension of West Coast Terminals, Impact on Exporter & Importers

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 […]

February 06, 2015

Industry Insights, Uncategorized

News Alert Update: PMA Seeks to Break Deadlock on West Coast Port Negotiations, Avert Lockdown

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 […]

February 05, 2015

Industry Insights

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