ILA
Strike Averted
– The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have tentatively agreed on a 6-year master contract. An agreement was reached prior to the contract’s February 6
th
expiration date; therefore, the threatened strike has been averted. Talks will now focus on local agreements.
Read more from Journal of Commerce
EU Removes Ban on US Meat – The European Union (EU) will remove the ban on U.S. meat imports beginning February 25 th . The EU hopes removing this trade barrier will facilitate trade talks with the U.S.
Read more from The Straits Times
Jamaica Aspires to Become Global 2022lpl Hub – The Jamaica Ministry of Industry, Investment and Commerce is planning to transform Jamaica into a global logistics hub. Discussions are focused on developing the Port of Kingston ahead of the Panama Canal expansion and constructing an air cargo airport to help with increased volume.
Read more from Port Strategy
Strike at India’s Cochin Terminal – Unionized truck drivers went on strike Monday over poor labor conditions. Cargo movements to and from Vallarpadam International Container Transshipment Terminal in India’s southeastern port of Cochin have been paralyzed.
Read more from Journal of Commerce
