Red Sea Diversions Keep Ocean Freight Rates High, Shapes Global Trade Routes
Global shipping saw a 17.2% increase in TEU-mile demand in 2024 due to vessel diversions around the Cape of Good Hope, according to Xeneta. To counter longer transit times, the global fleet will expand by 4.5% in 2025, though at a slower growth than in 2024.
Disputed CN Rail Hub in Milton Gets Go-Ahead from Federal Court
There’s been a major development regarding the construction of a quarter-of-a-billion dollar rail hub in Milton.
Hapag-Lloyd Introduces Low-Water Surcharge from North Europe and Mediterranean to Canada
Hapag-Lloyd will implement a low-water surcharge from North Europe and Mediterranean to Canada, effective October 14.
Supply Chains Expected to Take Weeks to Recover After U.S. Port Strike
Strike action at ports on the U.S. East and Gulf Coasts ended on Thursday, after a new wage agreement was reached – but a backlog of more than 40 ships waiting to offload cargo means the pain is not yet over.
Port of Montreal Labour Relations Update
All Port of Montreal terminals will remain in operation during the longshoremen’s union overtime strike that will begin at 7 am on Thursday and will last indefinitely.
Facing a Possible Strike at U.S. Ports, Biden Administration Urges Operators to Negotiate with Unions
Top Biden administration officials met with port operators ahead of a possible strike at East and Gulf coast ports, with a union contract set to expire late Monday. Transportation Secretary Pete Buttigieg, Acting Labor Secretary Julie Su and Lael Brainard, director of White House National Economic Council, told ports officials that they should be at […]
U.S. Ports Seek Order to Force Dockworkers to Bargaining Table
With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the longshoremen’s union come to the bargaining table to negotiate a new contract.
Bottlenecks Begin to Form in Asia as Air Peak Season Approaches
On the eve of the peak airfreight season, most Asian gateways are running without problems, but some bottlenecks have begun to appear, particularly out of South-east Asia and the Philippines.
Strike at Port of Montreal: Declaration of the Maritime Employers Association
The Maritime Employers Association (MEA) said in a press release issued at 6:40 pm ET yesterday that it “has tried all possible means of averting [today’s] planned strike at the Viau and Maisonneuve terminals, which are operated by Termont at the Port of Montréal, but to no avail.”
Montreal Dockworkers Approve Strike Mandate
Dockworkers at the Port of Montreal have approved a strike mandate after more than a year of contract negotiations. Longshore workers voted 97.9 percent in favour of granting their union executive the authority to call a strike if it chooses.