East Coast Ports Secure Labor Deal but Recovery Challenges Remain

East Coast Ports Secure Labor Deal but Recovery Challenges Remain

A preliminary agreement between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) has temporarily averted a supply chain crisis at US East Coast and Gulf Coast ports. While an agreement is in place, full port operational recovery will take time, and backlogs and delays are expected to persist in the short term. Industry stakeholders are closely examining the agreement's details. Modernizing port infrastructure remains crucial for enhancing long-term efficiency and resilience to future disruptions.

01/30/2026 Logistics
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East Coast Gulf Ports Ratify Sixyear Labor Pact for Stability

East Coast Gulf Ports Ratify Sixyear Labor Pact for Stability

36 ports on the US East and Gulf Coasts are entering a six-year "golden period." The International Longshoremen's Association and the United States Maritime Alliance have signed a new labor agreement, guaranteeing record wage increases and automation protections. This aims to enhance port competitiveness, attract investment, promote employment, and ultimately safeguard people's livelihoods. This agreement lays a solid foundation for the stability and development of the US supply chain.

01/30/2026 Logistics
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US Container Imports Jump in February Easing Supply Chain Strains

US Container Imports Jump in February Easing Supply Chain Strains

A Panjiva report indicates a 6.9% year-over-year increase in U.S. container imports for February, but a 5.5% decrease compared to January. Energy imports surged while IT imports declined. Experts note a record high for a single day in February, but the full-year trend remains uncertain. Inflation, geopolitical factors, and changing consumer behavior could influence future demand, requiring flexibility from the shipping industry.

01/21/2026 Logistics
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MSC Deploys First 24000 TEU Ships to West Africa

MSC Deploys First 24000 TEU Ships to West Africa

MSC has introduced its first 24,000 TEU super container ship to Africa, marking a new chapter in West African shipping history. This initiative aims to enhance regional trade connectivity, boost local economic development, and demonstrate MSC's long-term commitment to the African market.

06/03/2025 Logistics
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Philippines East West Bank Streamlines Transfers With Swift Codes

Philippines East West Bank Streamlines Transfers With Swift Codes

This article details the SWIFT code EWBCPHMMXXX for East West Bank in the Philippines and its usage guidelines. It emphasizes the importance of an accurate SWIFT code for international money transfers and provides practical advice to ensure smooth transactions. This includes verifying information and selecting appropriate transfer methods. The aim is to help users avoid delays and errors in their remittances.

09/03/2025 International Settlement
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Bamako Airport Expansion Elevates Malis West African Trade Role

Bamako Airport Expansion Elevates Malis West African Trade Role

Bamako Airport serves as a vital aviation hub for Mali's capital. Recent upgrades have significantly enhanced its operational capacity. Several international airlines operate scheduled passenger and cargo flights, facilitating trade, tourism, and cultural exchange. This activity injects new vitality into the local economy and strengthens Mali's connection to the rest of the world. The airport's strategic location positions it as a key gateway within West Africa.

09/26/2025 Airport Codes
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West Bank Imposes New Tariffs on Knitted Apparel Exports

West Bank Imposes New Tariffs on Knitted Apparel Exports

The West Bank has adjusted export tariffs on textiles, imposing duties on knitted or crocheted apparel, impacting businesses' export costs. To address these challenges, companies should optimize product structures, explore diversified markets, strengthen cost control, and seek policy support. These measures are crucial for achieving transformation, upgrading, and high-quality development in the face of the changing trade landscape. Businesses must adapt to maintain competitiveness and ensure sustainable growth despite the increased export costs associated with the new tariffs.

09/26/2025 Customs Knowledge
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