No News from ILWU Canada (Labour Update #5)

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Vancouver and Prince Rupert, BCWe called ILWU Canada this morning, and they say there is no news.  ILWU workers are required to issue 72-hour strike notice, before they go on strike. Today is the earliest they could issue strike notice. ILWU members have already voted in favour of a strike, back on June 10th.

West Coast Ports Labour Update – Wed, June 14

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Vancouver and Prince Rupert, BCAll indications point to a dockworkers strike starting Saturday, June 24th. If these ports temporarily shut down from the strike, inbound cargo would probably be redirected to the U.S. West Coast ports, which would add to the congestion. The current challenge is that the U.S. West Coast ports have their own labour disruptions to deal with. 

West Coast Ports Labour Update – Tues, June 13

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We have gotten a lot of questions about the labour disputes at the West Coast ports, both in the United States and in Canada. Our team will be sending regular email updates on the latest news on the labour situation, so you can make the most informed decisions for your business.

How could Spain’s Drought impact Container Shipping Logistics?

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The Spanish government has approved a €2.2bn plan to aid farmers and consumers in dealing with an ongoing drought worsened by the record-breaking dry and hot April. The measures, unprecedented according to the government, involve allocating €1.4bn for water management and availability, and €784m to support farmers and prevent food shortages.

Choosing the Right Digital Partner: A Cautionary Tale of project44

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Over the last few years, there as been a lot of hype about digitization in the logistics industry. But there are large risks involved with this process. The most important decision is selecting the right digital partner. If the digital partner runs into financial trouble, all the work you put into adopting the platform into your business could go to …

Trans-Pacific Ocean Freight Rates Stabilize

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Ocean freight rates seem to have found a floor, but there are no meaningful increases expected until demand becomes stronger again. In April, ocean carriers implemented a series of ad hoc cuts to trans-Pacific vessels to boost spot rates. In May, they have turned to a more regular pattern of changing weekly services into biweekly services.

21-Day Cooling Off Period starts for West Coast dockworker negotiations

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The earliest that West Coast dockworkers could strike or be locked out is June 24. The federal government’s conciliation process with the BC Maritime Employers Association (BCMEA) and the International Longshore & Warehouse Union Canada (ILWU) is complete, and no deal has been reached yet. As of May 31, both sides enter a 21-day cooling off period, which ends on …

B.C.’s Trade Diversification Strategy: Driving Growth for Canadian Businesses in New Markets

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In response to the increasing interest among Canadian companies to diversify their market presence beyond the United States and China, local governments are stepping up to support these businesses. One such example is B.C.’s Trade Diversification Strategy, which focuses on bolstering export development and investment attraction by capitalizing on British Columbia’s competitive advantages. The strategy targets new markets such as …

U.S. Importers Return Cargo to West Coast Amid Labour Talks

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During the ongoing 13-month labour contract negotiations at the U.S. West Coast ports, many importers had diverted shipments to alternative ports. Those same importers are bringing back some of that volume, as the route from China to the West Coast remains the fastest and most cost-effective option.

Container Shipping Lines Mitigate Losses as Q1 Profits Plummet

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The first quarter financials for many container shipping lines are not looking good. For example, South Korea-based HMM had a 91% drop in net profit for the first three months of the year, compared to a year earlier. With the drops in revenue and profit and a gloomy outlook for the global economy, shipping lines are scrambling to mitigate losses …