|
Leschaco Offices:
Charleston
2170 Ashley Phosphate Rd
Suite 400
N.Charleston, SC 29406
Ph: 843-308-0090
Chicago
1400 E. Touhy Ave, Suite 210
Des Plaines, IL 60018
Ph: 630-806-7703
Houston
15355 Vantage Pkwy W, Suite 240
Houston, TX
77032
Ph: 281-442-1895
Jersey City
1 Evertrust Plaza
Suite 304
Jersey City, NJ 07302
Ph: 201-333-0200
Miami
10925 NW 27th St
Suite 201-J
Miami, FL 33172
Ph: 786-475-1443
Los Angeles
3625 Del Amo Boulevard
Suite 252
Torrance, CA 90503
Ph: 310-929-1301
|
|
| |
| |
|
NEWS FLASH: ILA, employers reach tentative contract agreement
The International Longshoremen's Association and United States Maritime Alliance concluded months of sometimes rocky negotiations Wednesday by agreeing on a tentative six-year master contract for East and Gulf Coast dockworkers.
The International Longshoremen's Association and the employer group United States Maritime Alliance (USMX) have reached agreement on a tentative master contract that will run through 2024.
The deal to replace a contract that expires Sept. 30 was approved by rank-and-file members of the union, which represents dockworkers on the East and Gulf coasts.
"We have reached an agreement on a six-year master contract that is beneficial to both sides," said Harold J. Daggett, ILA president, and David F. Adam, chairman of USMX, in a joint statement. But they did not reveal any information about future pay increases or other aspects of the agreement.
Agreement between the two sides seemed to be reached quickly this week, but ILA spokesman Jim McNamara noted, "There was a lot of work done ahead of time. Both sides really learned from previous negotiations and methodically put together the contract using the smaller committees to build details and then present it" to the wage-scale delegates.
Negotiations on local issues at ports will now continue, and the union hopes those agreements can be reached prior to a convention of the South Atlantic and Gulf Coast District Convention on July 16. McNamara said there has been significant progress in some ports, including in the Port of New York and New Jersey.
Talks could be difficult in some ports. In Philadelphia, Wilmington, Del., and surrounding ports the ILA is pressing its effort to regain jobs that have been lost to non-ILA employers.
In order to achieve its objectives at those terminals along the Delaware River, the ILA said last month, "one strategy may be to allow the ILA in the Port of Philadelphia and Wilmington to 'carve itself out' of the ILA-USMX Master Contract, freeing the membership there to exercise their right to strike and freedom of assembly against non-ILA and non-union companies."
Source: American Shipper
|
| New liner fuel charges set to bump up shipper costs
New Emergency Bunker Surcharges to be applied by lines from tomorrow will hit some shippers far harder than others, according to one analyst.
A slew of lines including CMA CGM and Maersk will start charging an EBS of between $55-60 per TEU, rising to $85-80 per TEU for reefers, from the start of June. In most cases the surcharges will be applied across service networks, although there are exceptions by line and by jurisdiction.
On services from Europe to America where prices are more competitive, a baseline rate of $1,445 per FEU would increase just 8.3% to $1,565 per FEU post-surcharge.
While some shippers may have negotiated EBS contingencies into contracts with lines, others will face large increases.
"Given the cut-throat atmosphere created by over-capacity, enterprise shippers have the edge in negotiations and may be able to avoid paying the emergency bunker surcharges," a spokesman told Lloyd's Loading List.
The new surcharges by lines come in response to rising fuel costs which hit liner profits in the first quarter. Announcing its new EBS, Maersk, for example, said bunker prices in Europe had now reached their highest level since 2014. "The increase is more than 20% compared to the beginning of the year and this unexpected development means it is no longer possible for us to recover bunker costs through the standard bunker adjustment factors," the company said in a notice to customers.
Maersk's EBS will be periodically assessed and adjusted as bunker prices rise and fall.
Source: Lloyds Loading List
|
|
Trade deficit narrows for second straight month
The United States' deficit in goods and services trade shrank another 2.1 percent to $46.2 billion in April, the lowest level in seven months, following a revised 18.2 percent drop in March.
The U.S. trade deficit narrowed for the second straight month in April, shrinking 2.1 percent to $46.2 billion as exports surged and imports continued to falter, according to the most recent data from the U.S. Department of Commerce's Bureau of Economic Analysis.
Following a revised 18.2 percent drop in March that was preceded by six straight months of growth, the April deficit in goods and services was the lowest since September 2017.
U.S. exports reached $211.2 billion for the month, ticking up 0.3 percent from March, while the nation's imports slipped 0.2 percent to $257.4 billion.
Prior to the March revision, which pegged the trade deficit at $47.2 billion rather than $49 billion as previously reported, economists polled by Reuters had projected the trade deficit to remain unchanged at $49 billion in April.
The three-month moving average of the goods and services deficit has now fallen 4.3 percent to $49.6 billion for the three months ending in April, with average exports increasing 1.4 percent to $209.3 billion and average imports up 0.3 percent to $259.0 billion.
On a year-over-year basis, however, the three-month average goods and services deficit is still up 11 percent from the same 2017 period, as exports and imports have increased $17 billion (8.8 percent) and $21.9 billion (9.2 percent), respectively.
The U.S. deficit with China decreased 9.9 percent to $30.8 billion in April compared with the previous month amid continued bilateral trade talks between the two nations.
President Donald Trump and his administration in recent weeks have been ramping up pressure on the Chinese government to reduce this trade imbalance by $200 billion by the end of 2020 by purchasing more American goods and services.
Following meetings between delegations led by U.S. Commerce Secretary Wilbur Ross and Chinese State Council Vice Premier Liu He, in Washington, D.C. three weeks ago, Beijing and the White House seemed to be on the same page, issuing a joint statement that said both sides had agreed to take steps to "substantially" reduce the bilateral trade deficit, increase U.S. exports of agriculture and energy and enhance protections for intellectual property.
|
Leschaco (Malaysia) Sdn Bhd
Johor Office Opening
We are proud to announce the opening of our new presence in Johor. For the beginning this is primarily a sales office, all operations will continue to be handled from our established offices in Kuala Lumpur and Klang.
The Johor office will be under the responsibility of Ms Chong Yih Hwa (Stella), who brings along 12 years of experience in various positions with Expeditors and Kuehne & Nagel in Johor. Our new presence in Johor will allow us to serve our existing customers in this region more closely and to develop new business in this dynamic and growing region of Southern peninsular Malaysia.
The office details are as follows:
Leschaco (Malaysia) Sdn Bhd - Johor office
Infinity 8
37 Jalan Harmonium 23/13
Taman Desa Tebrau
81100 Johor Bahru
Johor, Malaysia
Phone: (60) 19.572 3199
Yihhwa.chong@leschaco.com
|
| Expansion of our Global Presence
After the recent establishment of Leschaco France we are pleased to inform you today that Leschaco Iberia is now officially registered and ready for operation, too.
As Managing Director of the Leschaco Iberia we welcome Mr. Luis Duran at the Leschaco Group.
Leschaco Iberia SL
Dr. Juan Jose Domine 20
Planta 1, Puerta 3
46011 Valencia | Spain
phone +(34) 96.321 9404
mobile +(34) 672 435 347
|
Chicago Office Opening
Mr. Sebastian Nickel has been appointed the Branch Manager, after a successful tenure in our Houston Freight Forwarding Operations for the past 3 years.
Chicago will be operating new business opportunities in the Midwest Region of the United States. Mr. Tod Willman is our Midwest Account Executive and is responsible for the business development in the region.
The new office details are as follows:
Leschaco, Inc.
1400 East Touhy Avenue
Suite 210
Des Plaines, Ill 60018
phone +(1) 630.806.7703
fax +(1) 630.806.7704
Any operations or sales inquiries can be made to the following email addresses:
|
Lexzau, Scharbau GmbH & Co. KG
Kap-Horn-Strasse 18
28237 Bremen
Germany
Phone: +49 421 6101-0
Fax: +49 421 6101-000
info-us@leschaco.com
|
|
|
