Since the signing of the new six-year contract, I have repeatedly told my members that we have to make good on our pledge to increase container moves to over 30 an hour — and maybe even more in some ports. In a few weeks, I will be gathering my executive council for meetings in Tampa, Florida, and I will hammer this point to them again. We must deliver on this contract. And we will!
Harold Daggett, international president of the International Longshoremen’s Union
Spot container rates from Shanghai to the U.S. West Coast totaled $1,993 per FEU as of Feb. 1, while rates from Shanghai to the U.S. East Coast stood at $3,054 per FEU, down 2.3 percent and 2.6 percent, respectively, from a week prior, according to the Shanghai Containerized Freight Index.