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Think Tank
Global Gateways: Page 99
Longshoreman Pay Dwarfs That of Most Employees in Transportation Industry
More than 4,400 ships bring nearly $400bn worth of goods through the ports of Los Angeles and Long Beach every year, a crucial link in the global supply chain of factories, warehouses, docks, highways and rail lines. Most blue-collar workers along the chain have seen their wages slashed with the quick rise of global trade. But the longshoremen who move the goods the shortest distance, between ship and shore, have shrewdly protected pay that trumps that of many white-collar managers.
Container Shipping Today: Mega-Ships and Mega-Problems
If we're to believe the big container lines, ever-larger ships are the remedy for their financial woes. Why, then, are so many of them still losing money?
Imports Continue to Rise as West Coast Ports Work on Backlog
Import cargo volume at the nation's major retail container ports is expected to rise an unusually high 16.9 percent this month over the same time last year as West Coast ports begin to dig out from a backlog of cargo that built up during just-concluded contract negotiations with dockworkers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Hard Lessons in Disruption: What the West Coast Port Slowdown Really Taught Us
With a tentative agreement in place between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the 7-month-long West Coast port crisis has come to an end. What comes next is the final body count - what percentage of GDP shrank because of the slowdown? What was the impact on the trade deficit? Who got hit hardest, and just how hard? Then what? There may be a collective sigh of relief in the air, but can things really go back to normal? Should they?
Waking Up From the West Coast Port Nightmare: Where Do We Go From Here?
Assuming that the rank and file of the International Longshore and Warehouse Union (ILWU) ratifies the new five-year contract negotiated with terminal operators, West Coast ports can finally focus on getting container-handling operations back to normal. So is everyone happy?
Ports on West Coast Could Remain Congested for Months
Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute.
West Coast Port Strife Diverts Meat Exports - U.S. Carnivores to See Cheaper Prices?
U.S. Carnivores U.S. meat exporters caught in the middle of the West Coast port labor standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said.
Asia Pacific: Conscientious Producers and Savvy Consumers
Success in the global economy requires a shift in strategic vision of the Asia-Pacific region's role in supply chains. While it is no secret that an end to low-cost production in Asia is in sight, smart companies are studying the complexity of APAC region and gaining insight into the roles each country plays in the quickly evolving economic horizon. But visibility into where APAC is today isn't enough; forecasting where it will be next year, five years from now, and further into the future are key to positioning supply chains now for ongoing optimization.
China Plans to Build Hong Kong 2.0
China is planning to build a second Hong Kong city in Nansha, a district in southern China's Guangdong province.
Manufacturers, Importers Losing Millions Due to West Coast Port Labor Problems
Roughly seven months into the Los Angeles and Long Beach ports slowdown with, unfortunately, no end in sight, and manufacturers in just about every industry, from electronics to home goods, are feeling the pain.
U.S. Imports Expected to Rise as West Coast Port Issues Continue
Year-over-year import cargo volume at the nation's major retail container ports is expected to continue to rise during most of the first half of 2015 despite significant congestion still impacting West Coast ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Panama Canal Expansion Expected to Provide Great Market Opportunities for Mid-Sized Companies
When the much-anticipated expansion of the Panama Canal is completed late next year, cargo ships the size of aircraft carriers will ferry goods from Latin America and Asia directly to East Coast ports and back. These ships - up to two-and-a-half times bigger than those currently allowed - will uproot trade patterns developed over the last century and will affect nearly every sector of the U.S. economy.
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