CPKC Intermodal Network Update – Week of August 26
Service highlights this week CPKC’s network start-up is underway, with staged trains launching per the company’s recovery plan. Customers are encouraged to pick up their containers as quickly as possible during this period of high demand.
India Braces for Indefinite Nationwide Port Strikes
Dockworkers across India’s 12 largest ports have agreed to go on an indefinite strike from August 28, after long-running pay negotiations have failed to conclude.
Explosion at Ningbo Port Seen Impacting Supply Chains
Container xChange is warning of serious repercussions following the recent explosion aboard the Yang Ming vessel YM Mobility at Ningbo Port, China.
Alert to Shippers as Airfreight Capacity Becomes Scarce and Rates Increase
As air cargo’s peak season approaches, shippers are faced with limited capacity, allowing forwarders to up their sell rates on major trades.
Air Canada Pilots Prepare for Strike amid Ongoing Labour Dispute
Air Canada and the union representing its pilots have been negotiating for more than a year but remain “far apart” on compensation and other issues, the union said.
BCMEA–ILWU Bargaining Update
On Friday, the BC Maritime Employers Association (BCMEA) and International Longshore and Warehouse Union (ILWU) Local 514 participated in a case management call to discuss continuation of the Canada Industrial Relations Board hearing to address the union’s DP World (Canada) Inc. pay and manning proposal, which the BCMEA alleges to be illegal, constituting the union […]
Possible U.S. Port Strike Could Back Up Goods for Months
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.
Panama Canal Authority Increases Capacity as Water Levels Return
The Panama Canal Authority (ACP) has increased the number of daily transits and maximum draft of the expanded neopanamax locks, bringing the waterway one step closer to to normal operations following last year’s historic drought.
Shippers ‘Running Out of Options’ to Get Their Peak Season Goods Out of Asia by Air
Cargo owners that haven’t made firm arrangements to move peak season cargo out of Asia by air are running out of options, warns logistics provider Dimerco.
Even Suez Canal Restart Would Be No Silver Bullet for Container Shipping Turbulence, Warns Jensen
Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the restart of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates, according to Lars Jensen, CEO of Vespucci Maritime.