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☆ Choked-Up Yards and Trailer Shortages Box In America’s Truckers
▼ + stars: | 2022-10-08 | by ( Paul Berger | ) www.wsj.com time to read: +8 min

“There’s a lot more hours and a lot more waiting, just because there’s no chassis.” Mr. Carrera said. Mr. Carrera uncouples a truck trailer, known as a chassis, from his rig at a yard outside Chicago. Mr. Carrera works as an independent owner-operator for California Cartage, a subsidiary of NFI Industries, a Camden, N.J.-based logistics and trucking operator. Mr. Carrera arrived at the container yard that held the Michaels box at about 6:45 a.m. His was the seventh truck in line when the yard opened. There was another empty container waiting nearby that needed to be picked up.

☆ New York is now the nation's busiest port in a historic tipping point for U.S.-bound trade
▼ + stars: | 2022-09-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

This comes as the flow of trade continues to move away from the West Coast with logistics managers worried about a labor strike or lockout. More East Coast trade, and more port congestionThe CNBC Supply Chain Heat Map for the U.S. shows how the continued increase in trade has East Coast ports and Gulf port as the winners in this movement of freight. Maritime prices fallingThe flow of trade away from the West Coast has decreased the demand for vessel space, leading Far East to West Coast maritime freight prices to fall. "Shippers are still bringing in a lot of containers, on the East Coast and West Coast and Gulf Coast as well." Shippers are still hesitant to return re-routed cargo to the U.S. West coast, Sand said.

☆ Port Labor Talks Stall as Worker Disruptions Grow
▼ + stars: | 2022-09-19 | by ( Paul Berger | ) www.wsj.com time to read: +5 min

West Coast port labor talks are stalled as dockworker disputes hit the region’s big trade gateways, according to shipping industry officials who fear the negotiations could take months to resolve. “What you are starting to hear is people are losing faith,” said one shipping industry official. In August 40,000 containers were diverted from the Port of Los Angeles to the neighboring Port of Long Beach because of one labor dispute. The concerns over the progress of the talks comes as labor disputes around the U.S. are growing. Shipping industry officials say they also want the government to get more involved in the port labor talks.

Groups representing big rail shippers said Thursday’s tentative railroad-labor contract avoids potential turmoil in their supply chains and they are hoping for rapid ratification by union members to fully ease the labor tensions. “We are relieved and cautiously optimistic that this devastating nationwide rail strike has been averted,” said National Retail Federation President and Chief Executive Matthew Shay. The tentative deal must now be ratified by members of the various unions covered by the contracts. The deal, which is retroactive to 2019, includes a 14.1% wage increase upon ratification. Still, the agreement may help improve rail service in operations that have been hit by capacity and staffing shortages, he wrote.

New York (CNN Business) The US economy can keep running without freight trains — but not for long. But a rail strike could send prices shooting higher again due to limited supplies. The National Retail Federation said last week it is concerned about shortages later this year if there is a rail strike. A rail strike would "devastate the movement of manufactured products that families depend on." CommutingAlthough only the nation's freight rail lines face a pending strike, many of the nation's commuter trains travel on tracks maintained and operated by the freight railroads.

☆ West Coast Port Labor Contract Talks Remain in Limbo
▼ + stars: | 2022-07-01 | by ( Paul Berger | ) www.wsj.com time to read: +3 min

Long-stalled West Coast port labor talks are showing no signs of progress, according to people familiar with the negotiations, extending uncertainty for U.S. retailers who rely on the coast to import goods from Asia. Some importers have been diverting furniture, clothes and electronics to East Coast and Gulf Coast ports in case the labor talks break down and lead to work disruptions or a strike. He said many retailers will likely plan to continue diverting goods to Gulf Coast and East Coast ports until they can be sure an agreement can be reached. There has been little impact on cargo operations at the ports during the contract talks beyond sporadic work disruptions at container terminals in Los Angeles and in Washington. People familiar with the talks say the sides are hung up on issues related to work in Seattle.

☆ Union Pacific says track congestion hurting ability to meet demand
▼ + stars: | 2022-04-21 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterA Union Pacific rail car is parked at the Canadian Pacific Railway (CP Rail) Toronto Yard in Scarborough, Ontario, Canada March 20, 2022. REUTERS/Chris HelgrenApril 21 (Reuters) - Union Pacific Corp (UNP.N) said on Thursday congestion on tracks was hurting its ability to meet shipping demand even as price hikes helped the U.S. railroad operator top market expectations for quarterly results. Freight shipment demand, however, has allowed companies including Union Pacific to raise prices and mitigate the impact of congestion, labor shortage and rising costs. Total operating revenue in the quarter rose to $5.86 billion, topping analysts' expectations of $5.72 billion, according to Refinitiv data. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nathan Gomes in Bengaluru; Additional reporting by Abhijith Ganapavaram Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

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