Xeneta Sees Ocean Container Spot Rates Peaking

The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to data released by Xeneta on Monday.

Port of Montreal Completes Rail Optimization Project

The Montreal Port Authority (MPA) has completed its extensive project to optimize rail capacity, a flagship project to improve the performance and fluidity of its logistics services. Phased in over three years at a total cost of $62.4 million, this ambitious project that extends from Bourbonnière Avenue to Panet Street, near the Jacques-Cartier Bridge, signals […]

German Seaports Brought to Standstill by Strikes Ahead of Wage Negotiations

German labour union Ver.di called another round of “warning strikes” at the major container ports starting on Tuesday and continuing into Wednesday ahead of the next round of wage and contract negotiations. The union openly says its objective is to pressure terminal operators represented by ZDS (Zentralverband der deutschen Seehafenbetriebe) into a deal, while calling […]

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