Dwell times at marine terminals in the Northwest Seaport Alliance have doubled in recent weeks as intermodal container moves spiked amid peak season imports.
A big jump in spot rates was pegged to the cascading impacts of blank sailings and a volume rush from shippers ahead of China’s Golden Week holiday in October.
After five rounds of negotiations and a series of 24-hour warning strikes at Germany’s ports, the union and port employers may finally be close to an agreement.