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In This Issue
ILA and USMX resume negotiations
Congestion surcharge
TPEB bunker surcharge
Mid-Autumn Festival
Resources

Green Worldwide News
Greetings!

In an effort to keep our clients informed, we are sending you this email in hopes that you find it relevant and useful to your business.

ILA and USMX Resume Negotiations

The International Longshoremen's Association and U.S. Maritime Alliance (USMX) have agreed to resume negotiations that broke down on August 22 during the week of Sept. 17 at the request of a federal mediator.  In a statement this morning, Federal Mediation and Conciliation Service Director George H. Cohen said "the parties have agreed to resume negotiations under our auspices during the week of September 17, 2012. Due to the sensitivity of this high profile dispute and consistent with the agency's longstanding practice, we will not disclose either the location of the meeting or the content of the substantive negotiations that will take place."

Congestion Surcharge

Most carriers have filed a Port Congestion Surcharge applicable to all shipments to/from ports in the United States and Canada addressing the potential risk of significantly increased port congestion as a result of any labor related issues on or after September 30, 2012. The amounts of the surcharges are:

USD 800 per 20' Container 

USD 1,000 per 40' Container

USD 1,125 per 40' HC 

USD 1,266 per 45' Container 

 

The carriers are calling this a forward filing as a precaution to address the potential for congestion as result of possible labor actions. Should there be no labor action and subsequent congestion disrupting operations, the surcharge will not be implemented.

 

Q4 Trans-Pacific East Bound Bunker Surcharge

New Bunker Surcharges effective October 1 have been announced as follows

 

Asia-to-US West Coast

             Current BAF      Q4 BAF

20' ST        $464              $422

40' ST        $580              $527

40' HC        $653              $593

45' HC        $734              $668

  

Asia-to-US East Coast

             Current BAF      Q4 BAF

20' ST        $895              $816

40' ST      $1119             $1020

40' HC      $1259             $1148

45' HC      $1417             $1292

Mid-Autumn Festival / Golden Week
The Chinese holiday week starting September 30 is expected to generate a cargo rush and as a consequence capacity will be tight. Please ask your suppliers to place bookings at least two weeks in advance or as soon as possible to ensure space and equipment availability.

 

If you have any questions about anything in this newsletter, please contact your local Green Worldwide office.  Or you can email us at info@greenworldwide.com or call to 404-974-2910.

 

Sincerely,

 

Green Worldwide Shipping, LLC