State of Georgia Declares Supply Chain State of Emergency

coracle News

The governor of Georgia declared a supply chain state of emergency starting April 16. The executive order, which runs until May 16, was in response to the state’s supply chain challenges. The order bans price gouging on diesel fuel and gasoline and increases the maximum allowed gross vehicle weight and width on Georgia’s state and local roads.

Read More

50% Chance that US West Coast Ports will Strike

coracle News

The contract for 15,000 port workers in Washington, Oregon, and California will expire on July 1, 2022. Negotiations are scheduled to begin for the 29 ports on May 12, but sources say that anything is possible – from a contract getting signed with no disruption to a strike lasting month or anything in between.

Read More

How will Shanghai’s Pandemic Lockdown Impact Supply Chain?

coracle News

The city of Shanghai and its 25 million people are under an indefinite lockdown as China deals with its largest Covid-19 outbreak since the pandemic started. The good news is that China has kept the ports open. The bad news is that the critical shortage of truck drivers is impacting shipping volume, with one source estimated a 26% decrease in early April.

Read More

BREAKING: CP Rail Back to Work Today (Mar 22)

coracle News

BREAKING NEWS: Canadian Pacific Railway (CP) employees are back to work at 12 noon local time on March 22, 2022.

The Teamsters Canada Rail Conference (TCRC) and CP Rail have agreed to enter into binding arbitration, which ends the strike action that began this weekend.

Read More

Upcoming Environmental Regulations Will Slow Ocean Rate Declines

coracle News

Consumer good demand in the North America will decline in 2022 as federal stimulus payments have been mostly spent and people shift their spending to vacations and restaurants following pandemic restrictions ending. But ocean freight rates might not decline as quickly as some have hoped because of global environmental regulations that will start in 2023.

Read More

CP Strike Starts but Government wants Quick Resolution

coracle News

CP Rail shut down their operations in Canada on Sunday, March 20th, after 3,000 CP workers started picketing. The work stoppage comes at a terrible time for Canadians who are facing the negative impacts of the pandemic, record-high inflation, supply-chain congestion, and the war in Ukraine. Federal representatives want CP Rail and the union to reach a deal to end the work stoppage immediately.

Read More

Modernizing IT is a Key to Improving Your Supply Chain

coracle News

When I first took over the business from my father almost 20 years ago, our team was sharing one giant Excel spreadsheet to do our supply chain planning. The spreadsheet could only be updated by one person at a time, causing obvious limitations to our team’s efficiency. One of my first initiatives was to implement an ERP software, which we upgraded a few years ago. We started a software division in 2018 and have worked on several logistics software projects, including building a trucking management software. Here’s a few lessons we’ve learned along the way.

Read More

CP Votes to Strike as Early as March 16

coracle News

Canadian Pacific Railway (CP) employees have voted in favour of a strike that may start as early as March 16th. This labour dispute looms as CP works on a merger with Kansas City Southern (KCS).

Teamsters Canadian Rail Conference (TCRC) which represents 3,000 conductors, engineers, train personnel, and yard personnel, has an ongoing dispute with CP about salary, benefits, and pension after the current labour agreement expired on Dec 31, 2021.

Read More

COVID-19 Vaccines to be Manufactured in Mobile Shipping Container Factories

coracle News

The factories the manufacture BioNTech-Pfizer’s COVID-19 vaccines take up multiple stories and almost 20,000 square feet, which make it difficult for developing nations to set up their own manufacturing facilities. But BioNTech has a new design for a mobile vaccine factory that can be built inside 12 shipping container-size units. This modular factory can be built in Germany and filled with state-of-the-art equipment, and then moved via ships, trucks, or trains to another country.1

Read More

Do You Need Cargo Insurance? Shipping Accidents Increase in Past 18 Months

coracle News

Last week a cargo ship carrying thousands of Porches, Audis, and Lamborghinis caught fire in the Atlantic Ocean.1 In December, a container ship crashed into a wharf at Taichung Port and sustained serious damage.2 In October, a fire started on a cargo ship off the coast of Vancouver Island.3 Statistics show that ship accidents have increased over the past 18 months. This may be a coincidence. Or it could be the result of the urgency that ship operators feel when trying to maintain schedules in a time of increased congestion and backlogs.

Read More

Following Record Revenues, Air Canada Adds First Dedicated B767 Freighter

coracle News

Air Canada’s cargo arm recorded an all-time high of almost CAD $1.5 billion in revenue for 2021, compared to CAD $920 million in 2020. In December 2021, Air Canada added its first B767 dedicated freighter to its operating fleet and expects to add three more by the end of 2022. This move allows the airline to expand its services and add more global destinations to its freight service.1

Read More

LA-LB Port Flow Improves, but Congestion Persists

coracle News

The situation at the ports of Los Angeles and Long Beach has improved in recent weeks. The ports have been able to reduce vessel backlog from its peak of 109 on January 9th to 74 on February 16th. Part of this success is due to an increase of labour availability and progress clearing out empty containers from docks that were clogging up operations. Since October, carriers have sent over 75 “sweeper ships” who solely carried empty containers to Asia.1

Read More

Trucking Rates Continue to Rise from Weather, COVID-19, and Protests

coracle News

Trucking rates increased for the eighth straight month with average van rates increasing 11% and reefer rates increasing 3% from December 2021 to January 2022.1 These stats are reported from DAT Freight & Analytics and based on $116 billion in annualized freight transactions. Industry experts say this is the result of tight capacity due disruptions from winter weather, COVID-19, and recent trucker protests.2

Read More

8-9 Months for Container Shipping Reliability to Recover

coracle News

COVID-19 appears to be moving from a pandemic to endemic phase, and we are all wondering how soon supply chain issues will resolve. According to Denmark-based research analytics firm Sea-Intelligence, it will take 8-9 months before a return to normal reliability of container shipping.1

Read More

Celebrating 40 Years of Business

coracle News

Canaan Group celebrated 40 years in business last year. With all the volatility in the transportation industry in 2021, I haven’t had any time to reflect on this milestone until now. As I think back over the past 40 years, the most important figure was my late father who started this business. It also happens to be 20 years since he passed away. To commemorate 40 years of the business my father established, it seems most fitting to share his life story with you.

Read More

Outlook for Air Cargo Looking Bleak

coracle News

Last Friday, the Biden administration suspended 44 flights from US to China in retaliation for China imposing similar restrictions on American flights in recent weeks. The Chinese government cancelled flights after passengers tested positive for COVID-19 after arriving in China, even though those passengers tested negative before getting on the planes.

Read More

US West Coast Ports Face Possible 2022 Strike

coracle News

Southern California’s ports garnered a lot of attention last year with record-breaking congestion and help from the US president to move to 24/7 operations. Although the congestion is slowly being cleared, there is labour uncertainty looming with the contracts of 15,000 port workers expiring on July 1, 2022. The International Longshore and Warehouse Union (ILWU) represents employees at 29 West Coast Ports in the states of Washington, Oregon, and California.

Read More