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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.  

We have been advised that the port of Hamburg is on strike today, September 4th. The strike will last until  September 5th , 7:00 am local time. The port is currently not operational as all work has stopped. There are already delays and cancellations in the handling of trucks and trains. Loading delays, departure delays and partial cancellations are to be expected with vessels as well.

ILA contract update: International Longshoremen union officials have planned a meeting next week for a “Wage Scale Committee Meeting” in NJ.