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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.
Longshore foremen union in B.C. now in position to strike after rejection of “final offer” from employer
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.
UPDATE: Strike reauthorized amid stalled negotiations with CN and CPKC railroads
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.
Demand for shipment by air increasing for tech, perishables and other valuables
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.
US trade groups increase pressure on Biden administration, as ILA-USMX talks stall
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.
Surging Demand and Rising Costs Up Ahead
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 …
Rail strike update: Work stoppage possibility on hold as CIRB reviews implications for essential goods
Possible May 22 work stoppage delayed as CIRB reviews implications of work stoppage for essential goods.
With possibility of strike beginning May 22, railways, union workers, shipping companies, and Canadian government considering all options
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.
Negotiations continue between BC port employers and foreperson union, with some hope of avoiding disruption
Negotiations continue between BC port employers and union: Federal mediators are working with the BCMEA and Local 514 to avoid work stoppage at B.C. Ports
Breaking Point at Port of Montreal: Implications for Global Trade
The labour dispute at the Port of Montreal is at an impasse, with near unanimous rejection by the union of longshore workers of the most recent settle offer from the employers association.
Panama Canal on Course for Recovery with Increased East Coast Transits
Recent rainfall and an approaching wet season is giving the Panama Canal Authority optimism that transit activity will recover after El Nino-caused draught affected both Canal operations and a critical source of drinking water.
Extreme Weather in Asia Affecting Vessel Transit Times
Ports in China, Malaysia, and Singapore have been recently experiencing severe weather conditions that have resulted in delays and congestion.
Update on the ILA (East Coast Union) Negotiations
Negotiations are continuing with the International Longshoremen’s Association, with the current contract set to expire on September 30, potentially disrupting port operations along the US East and Gulf Coasts.
Ships Moving Again Through Baltimore Port, Four Weeks After Bridge Collapse Halts Traffic
A deep-water channel has been opened to allow cargo ships to again move through the Port of Baltimore following a bridge collapse last month, but plenty of cleanup work remains for the major hub to return to full operations.
Beyond the Horizon: The Maritime Musical Chairs of 2024
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
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. …
Disruption at Sydney, Brisbane, and Fremantle Terminals
Since November 2023, the Maritime Union and DP World have been stuck in a disagreement loop. DP World runs major terminals in Sydney, Brisbane, Melbourne, and Fremantle Ports, shaping the fate of 40% of Australia’s shipping. The heart of the matter revolves around a labor deal – the union pushing for a concise two-year plan with an 8% annual pay …
Are You Prepared for Canada’s Latest Goods Importation System?
On May 13, 2024, 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 for import duties and taxes. What is CARM? CARM stands for the CBSA Assessment and Revenue Management program. It is a new initiative by the Canada Border Services Agency (CBSA) …
United States Maritime Alliance (USMX) and ILA (International Longshoremen’s Association) Urged to restart negotiations by US Importers
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 …
Update On the Red Sea Attacks and Their Impact on Shipping (January 15th, 2024)
The recent spate of attacks on the merchant fleet in the Red Sea continues to impact shipping traffic in the area. Last Thursday, air strikes on January 11th by US and UK fighter planes on targets in Yemen from where Houthi militants have launched attacks on commercial shipping since early December. This highlights that this conflict will continue to escalate …
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