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Anticipation of higher tariffs may lead importers to pull forward shipments, creating a preemptive freight frenzy.

Tentative deal includes a 62% wage hike over six years; ILA, USMX to negotiate all other issues including automation.

USMX says talks cannot happen on pre-conditions even as Biden backs workers; all eyes on how long the strike will last.

"Now is not the time for carriers to refuse to negotiate a fair wage for workers while raking in record profits."

Vessel traffic into/out of Baltimore port suspended until further notice; six workers were missing and presumed dead

U.S. Marine Transportation System supports $5.4 trillion of economic activity each year & employs 31 million Americans

Houthis continue to target merchant ships, ocean freight rates continue to rally on uncertainty

Red Sea crisis leads to 2nd largest capacity drop, says Sea-Intelligence; Drewry World Container Index up 23%

Sharp drop in carrier profits in 2023 will add a deflationary component to world inflation, says Sea-Intelligence

PMA, ILWU agree to tentative 6-year contract at all 29 West Coast ports; details not announced

OSRA 2022 establishes additional requirements and prohibited conduct for ocean carriers.

"We are appalled by continued mischaracterisation of the industry by U.S. govt representatives"