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Surging Demand and Rising Costs Up Ahead

Karolina Mazur Events, Featured, News

Canaan Group has been monitoring Asia/North America and Asia/Europe trade conditions resembling those during the pandemic’s peak. While demand surges between 10-20% year-on-year across the entire customer base, certain unique factors have arisen that have reduced sailing capacity, equipment availability, and increased prices specifically for shipments coming out of Asia. Among the major factors driving increased rates are the Houthi …

With possibility of strike beginning May 22, railways, union workers, shipping companies, and Canadian government considering all options

Karolina Mazur Featured, News, Uncategorized

Supply-chain industry braces for possible May 22 work stoppage: The possibility of strike looms at Canada’s major railways, with major implications for shipping companies, ports, and the economy.

A blue and red background with a Canadian maple leaf and the text overlay says "CARM - CBSA Assessment and Revenue Management"

CARM: New Canada Importation System Starting May 2024

Karolina Mazur Featured, News, Uncategorized

On May 13th, 2024, the CARM (CBSA Assessment and Revenue Management) digital system will become the office system of record that importers and other trade chain partners will use to pay import duties and taxes. If you have not registered, please get in touch with sales@canaangroup.ca immediately since there is a potential waiting list for the April 30th, 2024 deadline. …

Three people on a red backdrop sitting on the stage of the TPM 2024 - Transpacific Maritime Conference

Elevating Insights from TPM 2024

Karolina Mazur Events, Featured, News, Uncategorized

As we navigate through the uncertainties marking the end of the first quarter of 2024, the supply chain landscape presents a myriad of challenges and changes. At the heart of staying ahead in this dynamic environment is the annual Transpacific Maritime (TPM) Conference, a pivotal gathering in March 2024 that drew industry leaders, including the management team from Canaan Group, …

An image of a rail yard like CN rail or CPKC. The rail yard is empty and not busy due to the CN rail and CPKC possible strike or lockout.

How To Prepare In the Event of a Possible Strike or Lockout at CN and CPKC in May 2024

Karolina Mazur Featured, News, Uncategorized

The union representing nearly 9,300 workers at Canada’s largest rail operators, CN and CPKC, faces a potential work stoppage due to stalled negotiations over working conditions and wage increases. Teamsters Canada, led by François Laporte, accuses both rail companies of wanting to remove essential safety-critical rest provisions from collective agreements, which are crucial for combating crew fatigue and ensuring public …

A woman holding an electric bicycle containing a lithium ion battery. This is a cover photo for an article about importing e-bikes containing lithium ion batteries as dangerous goods in Canada.

Integrating E-Bikes Into Sustainable Transport: Navigating the Lithium Battery Challenge

Karolina Mazur Featured, Resources, Uncategorized

In recent years, electric bikes (e-bikes) have surged in popularity, heralded for their potential to offer an eco-friendly and cost-efficient mode of transportation. This surge is backed by various Canadian provinces, which have rolled out incentives and subsidies to make e-bikes more accessible. For instance, British Columbia has introduced income-based rebates on eligible e-bikes from authorized dealers, offering $350 to …

A cargo ship at a port as part of an article about balancing cost and reliability when shipping cargo or freight.

Balancing Cost and Reliability

Karolina Mazur Featured, News, Resources, Uncategorized

Most customers direct much of their focus on cost per TEU, kg, CBM, or other metrics. However, only a few customers focus on the reliability of deliveries as a KPI. The reliability factor introduces some hidden costs, including cash flow management, inventory stock, and delayed payments for the final cargo delivery. Canaan Group continues to track and emphasize costs and …

Revitalizing Global Trade Routes

Karolina Mazur Featured, News, Uncategorized

In a bold move signaling the evolving dynamics of international shipping, the announcement of the Gemini Alliance, set to commence in 2025, marks a significant milestone. This pioneering collaboration between Danish and German shipping lines epitomizes the industry’s ongoing shuffle, akin to a strategic game of musical chairs, promising enhanced service offerings and operational efficiencies across the globe. ONE/WAN HAI: …

Possible Lockout or Strike at CN and CPKC by May 2024

Karolina Mazur Featured, News, Uncategorized

The union representing nearly 9,300 workers at Canada’s largest rail operators, CN and CPKC, is facing a potential work stoppage due to stalled negotiations over working conditions and wage increases. Teamsters Canada, led by François Laporte, accuses both rail companies of wanting to remove essential safety-critical rest provisions from collective agreements, which are crucial for combating crew fatigue and ensuring …

Starlux Airlines Elevates Cargo Capabilities With Airbus A350 Freighter Order

Karolina Mazur Featured, News, Uncategorized

Starlux Airlines, a Taiwanese airline that began operations just four years ago, has recently made a significant move in the aviation industry by ordering five A350 freighter airplanes from Airbus. This decision marks Starlux as the first Taiwanese airline to operate this next-generation cargo jet, signaling its entry into cargo transportation, particularly focusing on the global demand for electronic components …

The Complexities of Global Trade

Karolina Mazur Featured, News, Resources, Uncategorized

Despite shifts in geopolitics and the relocation of manufacturing hubs to countries like Vietnam and Mexico, China maintains its position as a key trading partner with both Canada and the USA. By redirecting trade through these nations, China has crafted a viable strategy to circumvent tariff barriers. This is exemplified by China’s tactical diversion of exports via Mexico, a strategy …

Shipping Perishable Goods: Meats, Seafood, Food Items

Karolina Mazur Featured, Resources, Uncategorized

Shipping perishables is a critical task that demands careful consideration of various factors to ensure the goods reach customers in top quality. The choice of packaging is paramount, as it affects the freshness and quality of perishable goods and impacts space utilization, liability, and profitability. Within this realm, the Canaan Group excels, offering tailored solutions and leveraging the team’s extensive …

Insights Into 2024 – 25 Shipping Contracts Amid Supply Chain Disruptions and Negotiations

Karolina Mazur Featured, News, Uncategorized

In the midst of the ongoing Red Sea Crisis, which has disrupted transportation through the Suez Canal for over five weeks now, experts like Lars Jensen, a renowned shipping analyst based in Denmark, are closely monitoring developments. Despite the passage of time, the situation in the Red Sea has seen little change, prompting shipping companies to continue adapting by rerouting …