This summer could see the highest levels of U.S. import container volumes since 2022, the National Retail Federation said June 10.
President Joe Biden should support workers in the Baltimore region that were affected by the collapse of the Francis Scott Key Bridge (see 2403260047) the same way maritime workers were supported during the COVID-19 pandemic, Federal Maritime Commissioner Carl Bentzel wrote in a letter to the White House dated April 23. Bentzel said the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, could act as an example. The White House didn't respond to our request for comment.
A Texas shipper accused major Chinese ocean carrier Cosco Shipping Lines of violating U.S. shipping regulations through unfair detention and demurrage charges, costing it nearly $2 million in damages. Visual Comfort & Co, a shipper of lighting products, said Cosco “refused” to extend free days for containers that couldn’t be returned to the port and declined to divert shipments to less crowded ports, allowing the carrier to charge “astronomical” D&D fees.