East Coast ports look to see significant long-term container volume growth in the wake of West Coast labor and congestion issues, according to opening session speakers at the JAXPORT Logistics & Intermodal Conference.
The dry bulk carrier market is once again bumping along at historic lows with Baltic Dry Index (BDI) running in the mid-500 range. One quarter into 2015, here are some
early takeaways on the dry bulk market in the Year of the Goat.
It’s another day of PMA and ILWU negotiations (at this writing talks are ongoing and it is easy to forget that it was in the middle of baseball season [July] when the contract expired) and a new participant US Secretary of Labor Thomas Perez has now (maybe inevitably) put his oar into the troubled waters of the West Coast waterfront labor dispute.