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ILA update: The clock continues to tick on the contact expiration date and still no news on any breakthroughs in the negotiations. Ocean carriers are limiting some types of bookings but in general it will be business as usual.

The Port of Hamburg continues to experience work stoppage issues not only from the strike repercussions we have previously reported on, but now due to a failed software update that took place Monday morning. Yesterday's update issues resulted in the failure of the Transport Rail (TPR) system at the port.

Market outlook into Q4: While ocean carriers prepare for the potential East Coast strike, they are taking advantage of the opportunity increase rates or apply various surcharges.  Surcharge announcements have also been published for cargo destined for the West Coast or Canda ports should a strike occur, based on expected surge of cargo and congestion in these regions. For Europe

WSSA’s Managing Director, Alison Leavitt, will be speaking on the Journal of Commerce’s (JOC) European Shipping and Trade Outlook: The Trans-Atlantic webcast tomorrow at 10:00 am EDT.

 Listen in for analysis on the current state of the transatlantic shipping market and outlook featuring expert speakers.