The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) remain at an impasse over the use of semi-automated rail-mounted gantry cranes (RMGs). After a three-day strike in October 2024, both parties extended their current master contract deadline until January 15, 2025, to resolve outstanding issues. However, recent negotiations broke down when the
Air cargo demand stayed strong in October, growing for the 15th straight month, but IATA warns that 2025 might be challenging. Global air cargo demand measured in cargo tonne km (CTK) terms rose by 9.8% year-over-year (y/y) in October. Capacity measured in available CTKs increased by 5.9%, and the cargo load factor grew by 1.7
Planned U.S. tariffs on Chinese imports are expected to boost containerized imports from Vietnam, Thailand, and South Korea, according to Linerlytica. Vietnam’s containerized exports to the U.S. surpassed two million TEUs in the first 10 months of 2024, doubling 2017 levels, and is a 41% year-on-year (y/y) rise in Q2, 2024. Vietnam’s appeal comes from
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