Defense bill passed, Bejin’s LOGINK banned in US ports

The U.S. House of Representatives approved a defense spending bill on Friday that included a provision limiting China’s ability to monitor the flow of ocean containers into and out of the U.S.

The provision, backed by Rep. Dusty Johnson, R-S.D., prohibits U.S. ports that take federal grant money from using China’s state-supported National Public Information Platform for Transportation and Logistics, known as LOGINK.

The provision was included as an amendment to the National Defense Authorization Act (NDAA), which passed the chamber along a party-line vote.

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4-year deal reached between BCMEA and ILWU Canada

The British Columbia Maritime Employers Association and the International Longshore and Warehouse Union Canada reached a tentative agreement Thursday, announcing the end of the longshore strike at British Columbia ports.

The parties are currently finalizing the details of the 4-year agreement and are working together alongside supply chain partners to “safely resume operations as soon as possible,” according to a July 13 release.

The Port of Vancouver expected longshore labor to return to work at 4:30 p.m. yesterday, per an operations update.

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UPS strike estimated to result in losses above $7 billion

A threatened strike of 340,000 teamsters against UPS could be the costliest in U.S. history, according to analysis conducted by the Anderson Economic Group (AEG).

A 10-day strike would result in estimated losses of more than $7 billion in total economic losses. More than $1 billion would be lost in direct wages while UPS would be expected to suffer $816 million in losses, and UPS customers would suffer losses of more than $4 billion, AEG found. 

Other interruptions of comparable scale from the past 100 years include the 2019 UAW strike against General Motors, the 1970 U.S. postal workers strike, the 1992 rail strike and the 1959 steel union strike.

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Steep rate hikes for India-Europe shippers

Leading container lines on India-Europe networks have announced a wave of steep rate hikes, starting next month.

CMA CGM, Hapag-Lloyd and MSC have already warned customers of impending price rises.

CMA CGM said freight-all-kinds (FAK) rates for Indian cargo moving to North Europe and the Mediterranean would be $1,000 per teu and $1,200 per feu from 4 August, a hefty increase.

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