Import Delays Compounded by Lockdown and Cyclone in Asia

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The holiday season is looking bleak for some shippers. Already dealing with high shipping costs and lack of capacity, some companies will feel the impact of Asian port closures from tropical cyclone Kompasu and the lockdown in Vietnam.

Predictions for Trucking Inventory and Rates in 2022

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North American shippers will see some relief once the busy 2021 holiday season ends, but not as much as past years. 2022 will see consumer spending drop, especially as government rent relief and fiscal stimulus are reduced or removed. But retailers and manufacturers will be working on replenishing record-low inventory levels back to normal. While transportation capacity is expected to …

Are Delivery Droids the Solution to Last-Mile Delivery Bottlenecks?

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Worldwide e-commerce sales have grown six times in the last decade, from $572 billion in 2010 to $3.5 trillion at the end of 2019. This trend has only been accelerated by the COVID-19 pandemic. With more people relying on e-commerce for their daily needs, last-mile delivery systems are becoming the bottleneck, especially with increasing delivery traffic and shrinking labour availability.

US Port Congestion Gets Worse

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During the last weekend of August, there was a record 47 container vessels waiting outside the ports of Los Angeles and Long Beach.1 When ships are anchored offshore waiting for an available berth, they miss subsequent departure dates. This leads to cancelled sailings, reduction in much-needed capacity, and slowdown of container and chassis circulation, which adds to the upward pressure …

Asian Port Updates and Upcoming Holidays

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In China, Meishan Terminal in Ningbo port has reopened, following a Covid-related shutdown in August. Please be aware of office closures in China for the upcoming holidays of Mid-Autumn festival (Sept 19-21) and National Day Golden Week (October 1-7).

Direct Shipping Route between Halifax and India

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Starting October, the Port of Halifax will receive the first direct call between India’s west coast and a Canadian port. The MSC Indus 2 Service will have a port rotation of Mundra – Nhava Sheva – Gioia Tauro – Sines – Halifax – Norfolk – Baltimore – Miami – Freeport – Mundra.

8 Key Business Trends Shaped by the Pandemic

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With the arrival of the fall season, many companies are facing new challenges particularly in response to and impacted by the pandemic. In a recent podcast by McKinsey and Company, Senior Partner Celia Huber discusses industry shifts with Global Managing Partner, Kevin Sneader. According to Sneader, there are “The eight trends that will define 2021 – and beyond.” Today we …

Passenger Aircraft being converted to Freighters as Corporate Travel Growth Lags

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While leisure air travel has increased this year, business travel has faced a much slower return. Many offices remain closed, employees are reluctant to travel, and conferences and trade shows stay mostly virtual. These conditions will change, as business leaders still believe face to face interaction is valuable. Deloitte estimates that by the end of 2022, corporations will be spending …

The Case for Just In Time “Plus”

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At the beginning of 2021, 9 months into the pandemic, McKinsey published an article outlining trends that will define 2021. One of these trends was the movement from the popular management philosophy of Just in Time (JIT) towards what they called Just in Time Plus (JIT+). Now that we are two-thirds the way through 2021, we are seeing how accurate …

As Volume and Congestion Increase, Long Beach Calling for 24-Hour Shifts

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If you’re sick of hearing about Long Beach (LGB) & Los Angeles (LAX) port congestion, we’ve got bad news for you. Expect congestion to get worse. Imports from Asia are not showing any signs of slowing down, and will only increase with peak season approaching. The Purchasing Managers’ Index (PMI) reached an all time high of 63.4 in July. The …

Canadian Government Reaches Tentative Deal with Canada Border Services

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Late last Friday, Canada’s border agents reached a new tentative agreement with the Canadian government. The deal came after 36 straight hours of negotiations. There was immense pressure to get a deal done, after a daylong work-to-rule campaign by CBSA workers left long lines at international gateways. Because 90% of CBSA workers are deemed essential, they are not legally allowed …

We Have Expanded our Warehouse Space in Toronto

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Due to an increase in e-commerce clients, our Toronto office has relocated to a brand-new warehouse space this month. This new location has more space to provide pick and pack services, transloading, storage, and other services to facilitate the growth of our Canadian warehousing services.

Canadian Border Workers Vote to Strike, Prompting Restart of Negotiations

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Yesterday, July 28, 2021, it was announced that the 9,000 Canadian Border Service Agency (CBSA) workers voted in favour of a strike. This means that the workers are in a legal strike position as early as next week, because of an impasse in negotiations between their union and the Government of Canada.

Forest Fires Impacting B.C. Terminals (Logistics News – July 2021)

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Each month we will publish highlights from the important articles we’re reading about shipping and logistics. This month’s articles include forest fires impacting B.C. terminals, lockdowns in Southeast Asia, and reasons for the current high demand for ocean and air freight.

HBR Highlight: How Good is Your Company at Change?

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We recently read an excellent article on change management in the Harvard Business Review, with the title “How Good is Your Company at Change? A new system for measuring (and improving) your ability to adapt“. In this article, we share highlights of what we learned and how we are trying to apply these lessons at Canaan Group.

Trans-Pacific Rates are Doubling Next Year (Logistics News – May 2021)

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Each month we will publish highlights from the important articles we’re reading about shipping and logistics. This month’s articles include trans-pacific rates doubling next year, carrier on-time reliability near an all-time low, real-time cargo visibility technology, Canada’s ELD implementation, and India’s shipments being impacted by COVID-19.