Most revenue for U.S. ports yet to feel impact of trade war with China, says Fitch Ratings

A recent report issued by Fitch Ratings indicates that increased tariffs on bilateral U.S.-China goods trade may result in decreased traffic at certain U.S. ports. However, revenues are not likely to be similarly affected in the medium term, given the landlord-based operating model at many of the more exposed west coast ports. Source: logistics Mgmt

Read More

Ocean container “dwell time” addressed by OCEMA this month.

Earlier this month, The Ocean Carrier Equipment Management Association (OCEMA) published a Best Practice to address issues identified by the Federal Maritime Commission (FMC) in its interim report on Fact Finding Investigation No. 28, “Conditions and Practices Relating to Detention, Demurrage, and Free Time in International Oceanborne Commerce.” Source: logistics Mgmt

Read More