US lawmakers gather USMCA details in Mexico
The congressional delegation trip caps off an active week on Capitol Hill regarding consideration of the new NAFTA.
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However, if shipping alliances are outlawed altogether, then freight rates will skyrocket because alliances are the only way that carriers can operate ultra-large container ships (ULCVs) effectively.
The Port of Oakland in May handled 85,964 TEUs of loaded imports and 78,070 TEUs of loaded exports, up 4.2% and 8.4% year-over-year, respectively.