President Biden is expected to sign into law soon major legislation overhauling ocean shipping and U.S. port regulations. The U.S. House of Representatives on Monday passed by a vote of 369-42 the Ocean Shipping Reform Act (OSRA) of 2022, the Senate version of a...
Ports in the United States covered by Global Port Tracker handled a record 2.34 million Twenty-Foot Equivalent Units – one 20-foot container or its equivalent – in March, the latest month for which final numbers are available. The March figure was up 10.8% from...
Imports at container ports in the United States will grow modestly during the first half of 2022, but continued high volumes will keep up the pressure that built as the economy bounced back from the pandemic last year, according to the monthly Global Port Tracker...
Imports at the nation’s major retail container ports should return to normal growth rates in 2022, but volumes will remain high, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates. Besides the prospect of...
The ports of Los Angeles and Long Beach have postponed consideration of a “container dwell fee” for a second week to Nov. 29 as officials evaluate continuing progress in moving containers off marine terminals. Since the dwell fee was announced on Oct. 25, the twin...