Government, Business, Technology, Safety, Logistics

Biden Takes on Ocean Shipping as FMC Sees Market Setting Rates

President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack both the jurisdiction and, for now, any evidence of wrongdoing.

Laura Curtis | Bloomberg News
March 1, 2022
Government, Business, Technology, Logistics

Narrow Window to Clear Clogged L.A. Ports Hinges on Demand Waning

The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.

Laura Curtis | Bloomberg News
February 22, 2022
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

Laura Curtis | Bloomberg News
February 9, 2022
Government, Business, Logistics

Port of Long Beach Moves Record Cargo Despite Logjams

The Port of Long Beach moved record cargo volumes last year amid an import surge and supply chain snarl brought on by the pandemic.

Laura Curtis | Bloomberg News
January 20, 2022
Business, Logistics

Port of Los Angeles Defers Empty Container Fee

The Port of Los Angeles, the U.S.’s largest for container traffic, has deferred a plan to charge ocean carriers that fail to clear empty containers off the docks and is consulting with the logistics industry on alternatives on how to cut the backlogs.

Laura Curtis | Bloomberg News
January 13, 2022
Government, Business

Infrastructure Bill Expected in Summer, Rep. Graves Says

President-elect Donald Trump’s “massive” infrastructure plan probably will come “sometime this summer,” Rep. Sam Graves (R-Mo.) said at an aviation industry lunch in Washington.

Laura Curtis | Bloomberg News
January 10, 2017