Westbound TSA rate hikes for November – With so many empty containers to move back to Asia, rates for westbound moves have been reported close to zero at times this year. Carriers seek to raise income exports to Asia. Read more here. (Cargo Business News)
Army Corps paves way for Charleston dredging – The Corps of Engineers has recommended deepening of Charleston’s shipping lanes to 52 feet. This would make the South Carolina port the deepest on the East Coast. Read the story here. (Post and Courier)
China looking to improve logistics – Beijing has announced ambitious goals for 2020. Consolidating smaller logistics business, streamlining intermodal transport, and easing port congestion are among the goals. See more here. (Reuters)
Fuel Prices – See this week’s fuel numbers here. (DOE)
FMC OK’s 2M – The Federal Maritime Commission has approved the vessel sharing agreement between Maersk Line and Mediterranean Shipping. See more here.
Cory Delivery opens New Jersey facility – Cory Home Delivery plans to better serve its NY/NJ clients better with a new 120,00 square foot facility opened this week in northern New Jersey. The ribbon-cutting was held this week. See the story here. (Furniture Today)
Are we seeing the first ILWU labor action? – As if the congestion and delays at LA-Long Beach were not already hard enough, there are now complaints that excessive truck inspections by ILWU workers are making a very bad situation even worse. Read more here.
After years of debate, Savannah deepening closer to reality – Scheduling around tidal fluxes at Savannah may become less of an issue, and the war with Charleston for business will carry on, given an agreement between the Army Corps of Engineers and Georgia officials. See more details here. (JOC)
NY/NJ Port Authorities plan ahead for winter – While we all hope for a less eventful winter than that of 2013-2104, authorities will attempt to make it easier on shippers. Read the story here.