Trade Deficit Widens on Greater Imports, Drop in Exports
The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.
Mediterranean Shipping Co. Clashing With Machinists’ Union Over Seattle Terminal Duties
Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.
West Coast Dockworker Talks Imperiled by Seattle Labor Dispute
A dispute over the assignment of work at a terminal in Seattle is casting a shadow on the outcome of talks to reach a new labor contract between 22,000 dockworkers at 29 U.S. West Coast ports and about 70 employers.
Imports to Port of L.A. Drop, Hinting at Weaker Demand
The number of containers arriving at the Port of Los Angeles dropped by the most since the early days of the COVID-19 pandemic last month, an early indication that consumer demand could be starting to moderate.
US Retail Cargo Seen Cooling in Second Half as Inflation, Rates Bite
U.S. ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest rate increases and persistent inflation.
Manufacturing CEOs Want to Bring More Chip Production to US
Bringing more semiconductor production to the U.S. could help counter the global chip shortage, a survey by the Association of Equipment Manufacturers showed.
Trucker AB 5 Protest Hampers Operations at Port of Oakland
About 450 dockworkers did not report to work at California’s third-busiest port, Port of Oakland, July 21 as truckers protesting the AB 5 gig-work law blocked access to the operation for a fourth day.
AB 5 Trucker Protest Leads Oakland Port to Close Terminals
California’s third-busiest port, the Port of Oakland, shut down some of its gates and marine terminals for a third day July 20 as truckers protesting the AB 5 gig-work law that could take 70,000 drivers off the road blocked access to the operation.
West Coast Dockworkers Extend Labor Talks
The union representing about 22,000 West Coast dockworkers and their employers will continue negotiations for a new labor contract past the July 1 expiration of their current pact and said the ports — among them the U.S.’s busiest — will keep functioning.
Where the Supply Chain Recovery Stands
Two years into the crisis that disrupted global supply chains, the busiest port complex in the U.S. is still battling bottlenecks across the board.