The Port of Los Angeles handled 779,140 Twenty-Foot Equivalent Units during May 2023, a 60% increase when compared to February 2023.

HMM's FIL port rotation now includes Busan, Shanghai, Ningbo, Shekou, Jakarta, Singapore, Kattupalli, Santos, Paranaguá, Itapoá, Navegantes, Buenos Aires, Montevideo and Hong Kong.

President Joe Biden, in a statement released the evening of June 14, hailed the tentative agreement as proof that “collective bargaining works."

The International Longshore and Warehouse Union agreed to a new, six-year collective bargaining contract with the Pacific Maritime Association on June 14, 2023.

Over 99% of ILWU Canada members voted in favor of strike actions with the earliest possible start date reportedly being June 24, 2023.

Acting Labor secretary Julie Su is reportedly encouraging the union and port managers “to stay at the table and reach an agreement."

“We urge you to appoint an independent mediator to help the parties reach a voluntary agreement,” wrote Chamber president Suzanne Clark in a June 9 letter to President Biden.

Due to a drop-off in consumer demands over the last 12 months, 36.1% of small- and medium-sized businesses are now faced with excess inventories.

The period seems to mark a low point in the ongoing tit-for-tat battle between shippers and carriers over freight rates, and colors the current situation.

The union decided to stage “concerted and disruptive work actions” after labor relations reportedly deteriorated between dockworkers and port managers during the week of June 2.