As the new administration takes office, one of the most closely watched areas of economic policy is the potential shift in trade strategies—particularly when it comes to tariffs and free trade agreements. With the global economy still navigating the after-effects of the pandemic, supply chain challenges, and evolving geopolitical [...]
OPERATIONS UPDATE: WEDNESDAY, AUGUST 7, 2024 Port Of Savannah – All Terminals Open Savannah Hilton Head International Airport – Open with some delays and Cancellations Class 1 Railroads – Fully Operational Trucking - Expect delays and road closures while road and utility crews continue to assess damages and remove debris. Tropical [...]
As part of its ongoing commitment to helping small businesses, Green Worldwide is proud to sponsor the University of Georgia Small Business Development Center’s (SBDC) ExportGA for the fifth year. "At Green Worldwide, we are committed to helping small businesses succeed, particularly those involved in international trade, as that [...]
Contract negotiations between several North American Dockworker unions and ports have the potential to snarl port operations and the movement of freight. The International Longshore and Warehouse Union (ILWU) Canada and the International Longshoreman's Association (ILA) in the U.S. are advocating for their members to agree to new contract terms [...]
LABOR ACTION AT PORT OF HAMBURG Dockworker strikes are taking place at all terminals of the port of Hamburg starting today, July 9, 2024, and running for 48 hours through July 11 at 7 a.m. local time. The first, second, and third shift will all be participating in the work [...]
OPERATIONS UPDATE: TUESDAY, JULY 9, 2024 Port of Houston - All terminals closed for storm recovery. Port will update at 4:00 PM Central. Class 1 Railroads - Inland intermodal facility closed. As conditions improve, engineering teams are conducting track inspections in areas that are safely accessible and are prepared to [...]
The U.S. Department of the Treasury enacted directives on Friday, April 12, 2024 that prohibit the import of Russian-origin aluminum, copper, and nickel into the U.S. These actions also limit the use of these Russian-origin metals on global metal exchanges and over-the-counter derivatives trading. This move supports the G7 Leaders' [...]
The Port of Baltimore is currently working towards handling containers within the next four weeks after shutting down because of the Key Bridge collapse. Starting in a limited capacity to containers as well as other freight (such as ro/ro) the port is targeting a full reopening by the end of [...]
BRIDGE COLLAPSE Maryland Governor Wes Moore declared a state of emergency for the city of Baltimore after a container ship collided with a support column of the Francis Scott Key Bridge, causing a total collapse early in the morning of March 26, 2024. The Francis Scott Key Bridge stretched 1.6 [...]
In late February, members of the OCEAN Alliance (OA), CMA CGM, Cosco Shipping, Evergreen and OOCL, announced the extension of their partnership agreement for five more years. Solidifying this alliance provides some stability in the shipping sector, that has seen other alliances restructured or dissolved recently. The new agreement begins [...]
