Dear Customers,Due to the potential strike on the U.S. East Coast, in order to cover expected operational disruptions at US ports, as a consequence to work stoppages, strikes or other labor-related reasons, carriers announce the following related surcharge to the strike. Below are the surcharge...
Dear all customers,We would like to inform you of the proactive measures that we suggest you implement to mitigate any potential impact to your cargo in light of the anticipated disruption to East and Gulf Coasts services starting Tuesday, October 1, 2024, due to a potential strike action (port disr...
Dear Valued Customers, This is to inform you that we’ve received some updates from our carriers that they have implemented to mitigate any potential impact on cargo in light of the potential disruption to Canadian rail services starting Thursday, August 22, 2024, due to ongoing labor negotiatio...
Ningbo - YM Mobility Update Dear Value Customer,With the market drawing to a close for the traditional peak season, the shipping industry experienced a vessel explosion last week at the Ningbo Port coming out of China. Yang Ming’s ‘YM Mobility’ was set to berth at Beilun phase Terminal Th...
Dear Valued Customer,We would like to provide you some updates for the possible Canadian railway strike. Teamsters Canada Rail Conference (TCRC) voted by majority in favor of the impasse ‘rest period’ for railway workers. This will cause serious disruption to the Canadian supply chain as ...
Dear Valued Customer,With the upcoming peak season, ocean carriers have started to file some new GRI’s and PSS’ to the market. USPTI is gathering all the information and will provide it for you. Below are some of the ones which can be for your reference. 2024 May and June GRI (General Rate Incr...
Dear Valued Customer,The ongoing drought issue starting in early 2023 at the Panama Canal has yet to be resolved. The number of vessels allowed to pass through the canal has been increased back up to 32 vessels/day; still less than the previous 50-60 vessels/day back in 2022. With the ex...
Based on the projected level of Gatun Lake and present historically low water level in Panama, the Panama Canal Authority has imposed strict restrictions on draft and the number of vessels crossing the canal. Despite several action taken by the Panama Canal Authority over the last few months, lack o...
Attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea are disrupting maritime trade and global shipping carriers start to reroute their vessels via the Cape of Good Hope to avoid the Suez Canal.Below are carriers that are considering or have decided to pause shipping via the Red S...
Because of the escalation in missile and drone attacks by Houthi rebels on merchant shipping on passage to and from the Suez Canal, some global shipping companies have halted journeys through the Red Sea b. Maersk, Hapag-Loyd, MSC and CMA CGM have stopped transiting the Suez Canal after last Friday'...
Dear Valued Customer,The challenges at the Panama Canal continue as the drought caused by the El Nino has not changed over the past few months. Hence, the number of vessels opting to reroute to the Suez Canal has gradually increased to avoid delay. THE Alliance has rerouted th...
Dear Valued Customer,The Panama Canal Authority (ACP) announced another set of restrictions to reduce transitcapacity because of the continued low water level at Gatún Lake. We would like to provide abrief update on the new regulation and current drought situation.Starting from Nov.3, the number of ...
Dear Valued Customer, We would like to provide you with an update on the current drought situation at Panama Canal. Due to the El Nino effect the canal has faced serious drought since earlier this year.Effective October 1st, new regulations further restrict the daily vessels allowed through the...
It is with great pleasure and excitement that we announce a significant addition to our leadership team. Ms. Wen-Ling Sarah Chiu, who has taken on the role of Vice President at USPTI.Sarah served as Finance Controller for several large, multinational organizations, including Optoma Corporation and D...
Dear Customer,We wish to provide some market and outlook for the remainder of 2023 and detail as follows.As we all know the situation is subject to change depending upon anything which could affect shipping and the supply chain. As we all know one of the most visible signs of disruption was during t...
Dear Valued Customer,We would like to provide you with an update on the current situation regarding the ongoing strike by the International Longshore and Warehouse Union (ILWU) Canada, and its potential impact on the transportation of goods.As a result of the strike, Trans-Pacific carriers have deci...
Dear Customer, We would like to inform you that in a recent vote held from June 9th-10th, 99.24% of ILWU Canada voted to support a strike at US west coast ports. After union members voted overwhelmingly, ILWU Canada has issued a notice on June 28 to strike at West Coast ports in Canada, effecti...
Dear Customer,Finally comes a clear picture for the global supply chain right after a tentative agreement being reached by ILWU and PMA. Swept all the concerns away, the tentative agreement is for a new six-year contract which covers the dockworkers at all 29 ports on the US West Coast and is subjec...
Dear Customer,Due to the failed consensus between PMA and ILWU, the dockworker absences since last Friday forced several terminals at West Coast to halt operations and impacted cargo flows at other facilities. Except for LA/LB, the operations at the Port of Seattle have been significantly impac...
Dear Customer,We would like to inform you that due to failed negotiations with port management, and “no show” of the union workers causing insufficient labor for terminal operations. Therefore, Port of Oakland, Los Angeles, Long beach have been temporarily shut down as of Friday 6/02.USPTI will clos...