latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
FREIGHT MARKET UPDATE | WEEK 42 | 2024
This Week 42 Freight Market Update finds the U.S. East Coast recovering from the ILA strike and recent Hurricanes Helene and Milton. Elsewhere, capacity dips as demand wanes due to strategic adjustments made by importers ahead of the ILA strike and China's [...]
FREIGHT MARKET UPDATE | WEEK 41 | 2024
EAST COAST PORTS & WEATHER Hurricane Helene severely disrupted the U.S. supply chain by forcing the closure of major ports, airports, and rail lines impacting ports in Florida, Georgia, North Carolina, South Carolina, and Virginia. Damage has been extensive and local transport operations [...]
ILA-USMX REACH TENTATIVE AGREEMENT: U.S. DOCKWORKER STRIKE ENDS
"The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues. Effective immediately, all current job actions will cease [...]
FREIGHT MARKET UPDATE | WEEK 40 | 2024
UPDATE: ILA-USMX REACH TENTATIVE CONTRACT AGREEMENT October 3, 2024 6:30 p.m. CST: ILA strike ends. Affected ports will resume operations on Friday, October 4, 2024 at 8:00 a.m. local time. Learn more about this development at Green Worldwide Shipping: ILA-USMX Reach Tentative Agreement, U.S. Dockworker Strike Ends. Week 40 [...]
DAY THREE: CARRIERS DECLARE ILA STRIKE A FORCE MAJEURE EVENT
"USMX’s goal continues to be focused on ratifying a new Master Contract that addresses all the critical issues the parties need to bargain. Reaching an agreement will require negotiating – and our full focus is on how to return to the table to further discuss these vital components, many of [...]
DAY TWO: ILA-USMX NEGOTIATION STALEMATE
"Collective bargaining is the best way for workers to get the pay and benefits they deserve. I have urged USMX, which represents a group of foreign-owned carriers, to come to the table and present a fair offer to the workers of the International Longshoremen’s Association that ensures they are [...]
DAY ONE: ILA U.S. EAST COAST STRIKE COVERAGE
ILA DOCKWORKERS ON STRIKE The 2024 International Longshoremen's Association (ILA) dockworker strike has thrown U.S. ports into a state of uncertainty, creating significant ripple effects across global supply chains. As contract negotiations between the ILA and the United States Maritime Alliance (USMX) reached a stalemate, the strike was launched on [...]
AFTERMATH: HURRICANE HELENE
HELENE: STRONG WINDS AND FLOODING DESTROYS ROADS AND HOMES IN THE U.S. SOUTHEAST AND GULF COASTS Last week, Hurricane Helene rapidly intensified into a Category 4 hurricane, bringing sustained winds that reached 130 mph as it approached the U.S. Gulf Coast. The storm made landfall on September 26, 2024, unleashing [...]
HURRICANE HELENE SHUTTERS LOGISTICS HUBS ACROSS THE U.S. SOUTHEAST
HELENE UPDATES - SEPTEMBER 27, 2024 Helene continues to disrupt critical infrastructure across Florida, Georgia, South Carolina, North Carolina, and now Virginia, affecting ports, airports, railroads, and power grids. Ports Port Tampa Bay: Remains closed for all vessel traffic due to high winds. Landside operations continue in a limited capacity, [...]
POTENTIAL IMPACT OF ILA STRIKE ON U.S. EAST COAST AND GULF PORTS, CARRIER SURCHARGES
The International Longshoreman Association's (ILA) contract with the United States Maritime Alliance (USMX) will expire on September 30, 2024, and without a new agreement, a strike could begin on October 1, 2024. This would have widespread impacts on ports along the U.S. East Coast and Gulf Coast, which collectively handle over 50% of U.S. [...]
FREIGHT MARKET UPDATE | WEEK 39 | 2024
Typhoons, port congestion, and threats of an impending labor strike are driving market tension in Week 39. U.S. EAST COAST ILA PORT STRIKE NEWS With the looming threat of a dockworker strike on October 1, 2024, ports and carriers are preparing for possible disruptions with extended hours, port omissions, [...]
PORT ISR POLICY DEBATE: A CALL FOR THOUGHTFUL SUPPLY CHAIN POLICY AT SOUTHERN CALIFORNIA PORTS
In a recent statement, over 200 organizations (Coalition) raised concerns with Los Angeles Mayor Karen Bass and Long Beach Mayor Rex Richardson urging them to reconsider the potential impacts of the South coast Air Quality Management District's (SCAQMD) proposed Indirect Source Rule (ISR) for marine ports. These organizations represent national, [...]
FREIGHT MARKET UPDATE | WEEK 38 | 2024
Week 38 bring the U.S. East and Gulf coast dockworkers closer to a labor strike while capacity softens, some ports in North America remain congested due to order surges and container shortages. U.S. PORTS EXTEND HOURS AHEAD OF POTENTIAL STRIKE With the looming threat of a dockworker strike on [...]
U.S. TO RAISE TARIFFS ON KEY CHINESE IMPORTS
The Office of the United States Trade Representative (USTR) recently announced that the U.S. is set to increase tariffs on a range of Chinese imports through phased hikes over the next several years. Starting September 27, 2024, tariffs on electric vehicles, EV batteries, solar cells, needles, syringes, face masks, critical [...]
RULEMAKING WILL REMOVE SECTION 301 TARIFF GOODS FROM DE MINIMIS
The Biden-Harris Administration recently announced plans to tighten regulations on the de minimis exemption, a rule that allows goods valued at $800 or less to enter the United States without duties, taxes, or extensive documentation. These changes seek to curb the flow of duty-free textile and apparel imports from China. [...]
ILA DOCKWORKER STRIKE LOOMS
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) remain stymied in contract negotiations. This contract, originally signed in 2018, is set to expire on September 30, 2024. Shippers, vessel owners, importers, and exporters anxiously await resolution as both sides work toward a resolution while a threat [...]
latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
FREIGHT MARKET UPDATE | WEEK 42 | 2024
This Week 42 Freight Market Update finds the U.S. East Coast recovering [...]
FREIGHT MARKET UPDATE | WEEK 41 | 2024
EAST COAST PORTS & WEATHER Hurricane Helene severely disrupted the U.S. supply chain [...]
ILA-USMX REACH TENTATIVE AGREEMENT: U.S. DOCKWORKER STRIKE ENDS
"The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages and have [...]
FREIGHT MARKET UPDATE | WEEK 40 | 2024
UPDATE: ILA-USMX REACH TENTATIVE CONTRACT AGREEMENT October 3, 2024 6:30 p.m. CST: ILA strike ends. Affected ports will resume [...]
DAY THREE: CARRIERS DECLARE ILA STRIKE A FORCE MAJEURE EVENT
"USMX’s goal continues to be focused on ratifying a new Master Contract that addresses all the critical issues the parties [...]
DAY TWO: ILA-USMX NEGOTIATION STALEMATE
"Collective bargaining is the best way for workers to get the pay and benefits they deserve. I have urged [...]
DAY ONE: ILA U.S. EAST COAST STRIKE COVERAGE
ILA DOCKWORKERS ON STRIKE The 2024 International Longshoremen's Association (ILA) dockworker strike has thrown U.S. ports into a state of [...]
AFTERMATH: HURRICANE HELENE
HELENE: STRONG WINDS AND FLOODING DESTROYS ROADS AND HOMES IN THE U.S. SOUTHEAST AND GULF COASTS Last week, Hurricane Helene [...]
HURRICANE HELENE SHUTTERS LOGISTICS HUBS ACROSS THE U.S. SOUTHEAST
HELENE UPDATES - SEPTEMBER 27, 2024 Helene continues to disrupt critical infrastructure across Florida, Georgia, South Carolina, North Carolina, and [...]
POTENTIAL IMPACT OF ILA STRIKE ON U.S. EAST COAST AND GULF PORTS, CARRIER SURCHARGES
The International Longshoreman Association's (ILA) contract with the United States Maritime Alliance (USMX) will expire on September 30, 2024, and without a [...]
FREIGHT MARKET UPDATE | WEEK 39 | 2024
Typhoons, port congestion, and threats of an impending labor strike are driving market tension in Week 39. U.S. EAST [...]
PORT ISR POLICY DEBATE: A CALL FOR THOUGHTFUL SUPPLY CHAIN POLICY AT SOUTHERN CALIFORNIA PORTS
In a recent statement, over 200 organizations (Coalition) raised concerns with Los Angeles Mayor Karen Bass and Long Beach Mayor [...]
FREIGHT MARKET UPDATE | WEEK 38 | 2024
Week 38 bring the U.S. East and Gulf coast dockworkers closer to a labor strike while capacity softens, some [...]
U.S. TO RAISE TARIFFS ON KEY CHINESE IMPORTS
The Office of the United States Trade Representative (USTR) recently announced that the U.S. is set to increase tariffs on [...]
RULEMAKING WILL REMOVE SECTION 301 TARIFF GOODS FROM DE MINIMIS
The Biden-Harris Administration recently announced plans to tighten regulations on the de minimis exemption, a rule that allows goods valued [...]
ILA DOCKWORKER STRIKE LOOMS
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) remain stymied in contract negotiations. This contract, originally [...]
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