Major Ports on the U.S. East Coast and Gulf Coast preparing for first work union strike in nearly 50 years

Lucas Lee 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.

US trade groups increase pressure on Biden administration, as ILA-USMX talks stall

Lucas Lee 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.

Beyond the Horizon: The Maritime Musical Chairs of 2024

Rowena Lo News, 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 …

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

Disruption at Sydney, Brisbane, and Fremantle Terminals

Rowena Lo News

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 …

Description: A sign saying customs office with an officer icon. a Red banner with white text reads "Canada's latest goods importation system." Tags: freight canada, business shipping, freight to canada, air freight canada, shipping to the us, 3pl company, warehouse logistics, 3pl

Are You Prepared for Canada’s Latest Goods Importation System?

Rowena Lo News

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) …

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

Rowena Lo News, 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 …

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

Update On the Red Sea Attacks and Their Impact on Shipping (January 15th, 2024)

Rowena Lo Featured, News

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 …

Image: Container ships stacked up. Theyre quite rusty looking. Most of them say Maersk on them. A red banner from the left appears and white text reads Maersk Vessel Attacked in Red Sea Over Weekend. A Canaan Group logo sits on the bottom right. Tags: freight canada, business shipping, freight to canada, air freight canada, shipping to the us, 3pl company, warehouse logistics, 3pl

Expansion of Another Air Cargo Center in Canada

Rowena Lo News

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 …

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

Trucking Supply and Demand Prediction for 2024 in North America

Rowena Lo News

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 …

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

5 Leadership Traits Of Logistics Managers to Strive For In 2024

Rowena Lo Resources

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 …

Image: Container ships stacked up. Theyre quite rusty looking. Most of them say Maersk on them. A red banner from the left appears and white text reads Maersk Vessel Attacked in Red Sea Over Weekend. A Canaan Group logo sits on the bottom right. Tags: freight canada, business shipping, freight to canada, air freight canada, shipping to the us, 3pl company, warehouse logistics, 3pl

Update On The Red Sea Attacks and Their Impact On Shipping (January 2nd, 2024)

Rowena Lo News

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 …

Image: a port lit up with dark blue water below and a dark blue sky above. A red banner with caption: concerns rise over freight rate increase before Chinese new year. A Canaan Group logo sits on the top right. Tags: freight canada, business shipping, freight to canada, air freight canada, shipping to the us, 3pl company, warehouse logistics, 3pl

Concerns Over Freight Rate Increases From Asia to North America and Europe in January 2024 Before Chinese New Year

Rowena Lo Featured, News

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 …