Air Cargo Market: From ‘Doom Mongering’ to Stability
The air cargo market is experiencing an unexpected bounce during the traditional peak shipping season to end the year, fueled by e-commerce exports from China, but revenues for air logistics companies could be lower even if strengthening demand carries over into 2024, according to industry experts.
2024 CIFFA STCs
The CIFFA STC’s outline the responsibilities of a service provider and its customer and their respective accountabilities. This document will be revised in January 2024, to reflect and protect the interests of our members.
Panama Canal Reverses Cuts in Daily Transits and Adjusts Reservations
The Panama Canal Authority is delaying some of the scheduled reductions in daily transits that it was planning to implement starting next month due to slight improvements in the reservoir’s water levels and, at the same time, further adjusting its system for reservations. The changes come as good news for the shipping industry, which is […]
Container Shipping Outlook 2024: Rising Risk of Delays, Disruptions
The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024.
Quebec City Longshoremen Reject Mediator’s Recommendation to End Lockout
At a meeting on December 1, longshoremen at the Port of Quebec voted 70% against the proposal from a mediator. With the holidays approaching and the possibility of a second Christmas on the picket lines, the members rejected the offer as insufficient.
Cyclone Disrupts Port Operations Along India’s East Coast Corridor
The flow of containers in and out of southern Indian ports was severely disrupted by Cyclone Michaung, which caused widespread mayhem in and around Chennai last week.
More Liner Services Avoiding Canals to Head for the Cape
Confidence in the Panama Canal to process container vessel transits appears to have completely bombed over the past week.
Strike Across Flemish Waterways Disrupts Antwerp Port Operations
Strikes across Flemish waterways have hit operations at Antwerp – the second biggest container port in Europe.
German rail strike another headache for supply chain managers
A sudden 24-hour strike on Germany’s railways has brought further headaches for Europe’s supply chain managers already contending with industrial disruption on Flemish waterways.
New EU Emissions Trading System Surcharge (ETSS)
From January 1st 2024, the EU European Trading System (ETS) will apply to shipping activities within the European Economic Area, necessitating ship operators to monitor and report emissions when shipping in the European Economic Area.