by Alex Pappas | Mar 27, 2015 | China, Week in Global Logistics
Analysts See Chinese Yuan Joining Elite Currency Group – Analysts at Bank of America Merrill Lynch believe that the International Monetary Fund (IMF) will vote to include China’s yuan (CNY) as one of the currencies in their Special Drawing Right (SDR) group. ...
by Alex Pappas | Mar 13, 2015 | Ports, Week in Global Logistics
Oakland Terminal Closes Over Labor Dispute – The Port of Oakland’s largest container terminal was shut down Wednesday after the ILWU Local 10 tried to impose its own staffing requirements. These requirements were discussed during the ILWU-PMA contract negotiations...
by Alex Pappas | Feb 27, 2015 | Ports, Week in Global Logistics
Tentative Port Agreement Reached – A tentative contract agreement was reach between the ILWU and PMA last Friday evening. Although this is important step toward recovery, it will likely take months before U.S. West Coast ports return to “normal” operations. ...
by Alex Pappas | Feb 20, 2015 | Behind the Scenes, Ports, Week in Global Logistics
DGL’s Marc Dedola Featured on NBC News Port Congestion Coverage – NBC’s Southern California affiliate interviewed Dedola Global Logistics CEO Marc Dedola for a report on the current port disruption. The report originally aired on local channel 4 NBC News. See video...
by Alex Pappas | Feb 13, 2015 | Ports, Week in Global Logistics
West Coast Ports to Suspend Vessel Work on Four of Five Days – The Pacific Maritime Association (PMA) will halt vessel operations on four of the next five days. The PMA is aiming to avoid paying holiday wages for what it perceives as a “strike with pay” by the...