Defense bill passed, Bejin’s LOGINK banned in US ports

The U.S. House of Representatives approved a defense spending bill on Friday that included a provision limiting China’s ability to monitor the flow of ocean containers into and out of the U.S.

The provision, backed by Rep. Dusty Johnson, R-S.D., prohibits U.S. ports that take federal grant money from using China’s state-supported National Public Information Platform for Transportation and Logistics, known as LOGINK.

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4-year deal reached between BCMEA and ILWU Canada

The British Columbia Maritime Employers Association and the International Longshore and Warehouse Union Canada reached a tentative agreement Thursday, announcing the end of the longshore strike at British Columbia ports.

The parties are currently finalizing the details of the 4-year agreement and are working together alongside supply chain partners to “safely resume operations as soon as possible,” according to a July 13 release.

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UPS strike estimated to result in losses above $7 billion

A threatened strike of 340,000 teamsters against UPS could be the costliest in U.S. history, according to analysis conducted by the Anderson Economic Group (AEG).

A 10-day strike would result in estimated losses of more than $7 billion in total economic losses. More than $1 billion would be lost in direct wages while UPS would be expected to suffer $816 million in losses, and UPS customers would suffer losses of more than $4 billion, AEG found. 

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Steep rate hikes for India-Europe shippers

Leading container lines on India-Europe networks have announced a wave of steep rate hikes, starting next month.

CMA CGM, Hapag-Lloyd and MSC have already warned customers of impending price rises.

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