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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 …
Expansion of Another Air Cargo Center in Canada
Winnipeg Richardson International Airport is slated for a significant $19.4 million cargo upgrade, backed by the National Trade Corridors Fund. The project encompasses the construction of a state-of-the-art storage facility, equipped with cold storage for perishable goods, aimed at expanding cargo capacity for both imports and exports. The initiative is strategically designed to enhance accessibility, particularly for remote and Northern …
Trucking Supply and Demand Prediction for 2024 in North America
The Logistics Managers’ Index (LMI) indicates a potential shift in the transportation market, as the capacity component has fallen below the transportation price figure, possibly signaling a move towards supply and demand equilibrium. Despite truckload demand being lower than during the pandemic, it has steadily grown in 2023. Carriers and third-party logistics providers grapple with oversupplied capacity due to a …
5 Leadership Traits Of Logistics Managers to Strive For In 2024
A recent article in the Fast Magazine highlights some leadership styles to adopt that can be applicable to logistics managers, providing a strategic outlook for navigating uncertainties in 2024. It outlines five distinctive leadership trends that may be tailored to the logistics industry: In the face of market uncertainties, the article encourages logistics managers to focus on creating clarity around …
Update On The Red Sea Attacks and Their Impact On Shipping (January 2nd, 2024)
Maersk vessel named Hangzhou has been attacked on December 30th, 2023 while travelling through the Red Sea with the intention of going through the Suez Canal. Ongoing security concerns in the Red Sea are affecting shipping lines navigating from Asia to North America and Europe because -despite US Navy presence- Yemen-backed Houthi rebels remain a threat to container vessels. While …
Concerns Over Freight Rate Increases From Asia to North America and Europe in January 2024 Before Chinese New Year
Spot freight rates from Asia to North America have surged due to the deteriorating security situation in the Red Sea. Carriers are expected to leverage market uncertainty during January negotiations for 2024–25 service contracts. The attacks on shipping have led vessels to divert around the African Cape of Good Hope, increasing voyage times and costs. Some customers are considering transloading …