Container Rates Buoyed by Tariff, Strike Threats
The dual threats of tariff hikes and port strikes continue to buttress ocean freight rates through what is historically a post-peak trough.
Mediation for Montreal Port Labour Talks
Port of Montreal employers and union dockworkers have mutually agreed to mediation in their contract negotiations.
Airports Must Get Creative as Surging E-Commerce Threatens to Engulf Capacity
Airport infrastructure and aircraft capacity are not expanding fast enough to keep up with demand, largely being driven by e-commerce, forcing the industry to get creative.
Trump Promises a 25% Tariff on Products from Canada, Mexico
U.S. president-elect Donald Trump said on Monday that on his first day in office he will impose a 25 percent tariff on all products from Mexico and Canada, and an additional 10 percent tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs.
Indian Shippers Brace for Port Strikes Over ‘Promises Not Kept’
Indian shippers are fearful of major supply chain disruptions after dockworkers called for strikes at key ports, claiming the government has failed to meet commitments.
MSC ‘to Offer Feeder Vessel’ to Get Stranded Canadian Cargo to Its Destination
MSC appears to have decided against leaving Montreal-destined shipments at the Port of Halifax, and is said to be set to provide a feeder service to ferry them on to the Quebec port, which had been hit by one of a spate of strikes across Canada.
Container Rates Up for Second Straight Week
Drewry’s World Container Index (WCI) went up seven percent, to US$3,444 per 40-ft container, last week, increasing for the second straight week after a steady decline since early July.
Forwarders Slam Canadian Government ‘Late Intervention’ in Port Strikes
Responding to labour minister Steve MacKinnon’s order to the Canada Industrial Relations Board (CIRB) this week to extend existing collective bargaining agreements and impose arbitration on all parties, one forwarder told The Loadstar: “The big question here is why the government waited until the damage was done before stepping in.
Port of Vancouver Operations Update – November 15
Operations started to resume on Friday at Port of Vancouver terminals.
Port of Montreal Operations Resumed Saturday
Operations were set to resume at the Port of Montreal as of seven o’clock on Saturday morning following the lockout of longshore workers.