Will Transpacific Container Traffic Return to West Coast with ILWU Contract Agreement?
The agreement between US West Coast dockers and liner and port interests will not lead to the mass return of cargo to West Coast terminals, either this year or in the medium-term, according to leading shipping and retail experts. The uncertainty around negotiations...
Making Sense of Container Shipping GRIs and Similar Surcharge Mechanisms
Ocean shipping General Rate Increases (GRIs) have been part of global shipping for decades. But there’s a lot of confusion on why they are issued by ocean carriers and how shippers are impacted. Let’s clarify container shipping GRIs in the U.S. as an...
Australia UK Free Trade Agreement to Promote More Robust Trade Between the Countries
The Australia United Kingdom Free Trade Agreement (A-UKFTA), the first full trade deal since the UK left the EU, went into force May 31. The deal removes tariffs on 99% of Australia product exports to the UK. Australian importers will also benefit from duty-free...
