Six-Year Contract Proposes 62% Pay Hike and Automation Safeguards for East and Gulf Coast Ports The U.S. dockworkers’ union is poised to vote on a pivotal six-year labor agreement this week, a move that could solidify stability at East Coast and Gulf Coast ports until 2030.
New charges could add millions to shipping costs, impacting global trade In a significant move against China, the United States is proposing substantial new port charges that could drive up costs for ocean carriers operating at U.S. ports. According to a proposal published by the United
Diesel Prices Continue Upward Trend for Third Consecutive Week, Rising About 20 Cents Since December Despite a relatively stable diesel market with minimal fluctuations, several underlying factors could significantly impact oil prices—and, consequently, diesel costs—in the near future. The restrained movement in diesel prices was evident