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

Karolina Mazur Featured, 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 …

Mexico Gains Competitive Edge Through Near-Shoring Initiatives

Karolina Mazur Uncategorized

In a recent Business Insider article, it was reported that Mexico emerged as the leading source of goods imported into the US in 2023, surpassing China for the first time since 2020. This development signals a notable shift in global commerce dynamics amid ongoing tensions between the US and China. While this milestone underscores Mexico’s rising prominence as a trade …

National Supply Chain Office Starts Its Inaugural Meeting for 2024

Karolina Mazur Featured, Uncategorized

In December 2023, the Minister of Transport, the Honorable Pablo Rodriguez, made a significant announcement regarding the enhancement of Canada’s logistics landscape: the establishment of the National Supply Chain Office. Led by Assistant Deputy Minister Robert Dick, this office will be headquartered in Vancouver, British Columbia, Canada. This initiative underscores the government’s recognition of the pivotal role that supply chains …

Evaluating LTL Carriers In The Midst of Continued Failed Trucking Companies

Karolina Mazur Featured, Uncategorized

Recent events in the trucking industry, such as the bankruptcy filing of Newsome Trucking and the closure of Yellow despite substantial government funding, highlight the challenges facing trucking companies. With over 75% of Canada’s trade conducted with the USA and a significant portion relying on trucking, it’s crucial to carefully vet your Less Than Truckload (LTL) vendors. LTL shipping, wherein …

Unpacking Warehousing Trends in 2024

Karolina Mazur Uncategorized

As the year begins in 2024, a notable shift is observed in the landscape of warehousing accessibility spanning both Canada and the United States. Even in traditionally constrained markets such as Vancouver, Los Angeles, and Chicago, an increased availability of warehousing space is discernible. This transformation is primarily attributed to the strategic destocking of inventories and the successful culmination of …

LTL and Full Truck Load capacity and rates for Q1 2024

Karolina Mazur Uncategorized

In the first quarter of 2024, predictions indicate stability in Less-Than-Truckload (LTL) rates with subtle fluctuations, while truckload rates are expected to persist near the lows established in Q2 of the previous year. AFS and TD Cowen jointly released these insights as part of the TD Cowen/AFS Index, offering a forward-looking snapshot of pricing trends in the Less-Than-Truckload (LTL) and …

Port of Montreal Faces Continued Threat of Potential Strike

Karolina Mazur Uncategorized

Federal officials are involved in preventing a potential third labour stoppage in four years at the Port of Montreal, where dock workers have been without a labour deal since their agreement expired on December 31.  The Maritime Employers Association (MEA) in Montreal, which includes approximately 1,290 longshore workers and 165 checkers, is in ongoing negotiations with union representatives. The Federal …

Beyond the Horizon: The Maritime Musical Chairs of 2024

Karolina Mazur Uncategorized

In the upcoming year of 2024, the maritime industry is poised for a transformative phase akin to a sophisticated game of musical chairs, particularly within the realm of shipping lines. Analogous to the strategic alliances observed in the aviation sector, wherein airlines align themselves under banners like Star Alliance, One World, and Sky Team, the container shipping sector operates under …

From Sea to Sky: Hybrid Shipping Solution in the Face of Changing Tides

Karolina Mazur Uncategorized

Back in the 1980s and 1990s, container ships were smaller and slower. This meant it took a good 50 to 60 days for urgent shipments from Asia to Europe. Air cargo, on the other hand, was too expensive for high-value goods, making it hard to justify the cost. To tackle this, logistics companies like Canaan came up with a solution. …

Tags: freight canada, business shipping, freight to canada, air freight canada, shipping to the us, 3pl company, warehouse logistics, 3pl

United States Maritime Alliance (USMX) and ILA (International Longshoremen’s Association) Urged to restart negotiations by US Importers

Karolina Mazur Uncategorized

The looming threat of a US East Coastwide strike in the US maritime industry continues as negotiations between maritime employers and the International Longshoremen’s Association (ILA), have yet to restart. ILA President Harold Daggett emphasizes the need for a significant hourly wage increase before delving into other contract terms. The potential strike, the first in 47 years, carries financial repercussions …