U.S. containerized imports down 7.8% in November
According to Descartes Systems, U.S. imports fell 7.8% year over year in November, mainly due to a slowdown in demand from China. Reuters notes that “despite the decline, volumes remain historically high, but weaker demand from China is putting downward pressure on rates.”
More ocean GRIs; transpac air rates surge on final peak push
Freightos reports that GRIs have driven Asia–Europe rates up 40% since mid-October, to $2,463/FEU, and Asia–Mediterranean rates to $3,366/FEU (+56%).
Air Cargo Spot Prices Rise 3% in Early December 2025 as Volumes Increase
Early December data from WorldACD shows air cargo spot market pricing was on the up in the first week of December, although this year’s peak season has been less “spiky” than recent years. Figures from the data provider show that international spot rates in week 49 increased by 3% compared with the last week of […]
Port of Montreal Expansion Project in Contrecœur: Next Steps Announced
Next steps in the Port of Montreal expansion project in Contrecœur were announced on Monday at a press conference organized by the South Shore Chamber of Commerce in the City of Contrecœur with key stakeholders in the project.
Overcapacity Paradox Leading to Two-Tier Container Market
Global trade has expanded faster than was anticipated two years ago according to some observers, leading to an easing of the imbalance between supply and demand in the container industry.
CMA CGM Set to Become First Major Shipping Line to Resume Full Service Route Via Suez Canal
French shipping giant CMA CGM is preparing to resume a full service loop through the Suez Canal and Red Sea, becoming the first major carrier to formally restore one of its east–west routes since Houthi attacks forced global container lines to divert around the Cape of Good Hope last year. The company confirmed that its […]
National Strike Again Closes Belgium’s Ports and Halts Inland Cargo Ships
Belgium’s three main labour unions banded together in what is likely the largest of the strikes over the past 10 months, protesting the country’s austerity budget. Ocean-going shipping and inland cargo operations ground to a halt along with trains, airports and many services, with union officials saying the strike was expected to culminate on Wednesday, […]
Government of Canada Undertakes Inspection Blitz to Crack Down on Driver Misclassification in Trucking
The Government of Canada is protecting Canadian workers by cracking down on misclassification in the federally regulated road transportation sector with an inspection blitz in Hamilton and the Greater Toronto Area, in the coming weeks.
Global Schedule Reliability Drops Sharply in October
After three steady months, global schedule reliability fell sharply in October, underscoring ongoing volatility across major carriers.
United Airlines resumes Seattle cargo after fuel shortage resolution
United Airlines announced Tuesday afternoon that it has lifted a planned embargo for cargo on narrowbody flights at Seattle-Tacoma International Airport after news that crews have begun to repair a leak in the pipeline serving the airport. The leak, which lasted more than a week, created fuel shortages for airlines.