Industry Responds to Heightened Cargo Theft
Cargo theft trends came out of 2022 with severe momentum. That trend has continued with elevated numbers for the second quarter of 2023, causing industry stakeholders to caution carriers and offer information on how to protect freight.
Panama Canal Pileup Due to Drought Reaches 154 Vessels
The number of vessels waiting to cross the Panama Canal has reached 154, and slots for carriers to book passage are being reduced in an effort to manage congestion caused by ongoing drought conditions that have roiled the major shipping gateway since the spring. The current wait time to cross the canal is now around […]
Ocean Carriers Warn FMC Against Regulating Prices
Revisions made to a proposed rule aimed at curbing the ability of container ship carriers to refuse to provide vessel space to their customers has delved into the dangerous area of price regulation, according to the carriers.
Unifor Members Working for the St. Lawrence Seaway Management Corporation Reject Tentative Agreement
Members of Local 4211 in Ontario and Local 4319 in Quebec who work for the St. Lawrence Seaway Management Corporation have rejected the tentative agreement presented to them at a July 12 meeting.
Asia-U.S. Spot Rates Top Contract Rates for First Time Since 2022
Shipping lines have been in the red in the trans-Pacific trades for months. They may have just inched back into the black again, courtesy of the rise in spot rates over the past five weeks.
India’s Mundra Port Still Struggling to Clear Cyclone-Induced Container Logjam
Mundra Port, India’s top container handler, continues to grapple with cargo backlogs created during cyclone-related supply chain disruption that began last month.
Flight Delays at Canadian Airlines Far Outstrip Peers in U.S., Despite Improvements
Canada’s two biggest airlines have seen a far higher proportion of their flights delayed this summer than many of their American peers, according to figures from an aviation data firm.
Rail Freight from Canada to U.S. Continues to Drop After Ports Strike
Rail traffic from Canada into the U.S. had a third-straight weekly drop as a result of the on-again, off-again strike at the West Coast Canadian ports.
Trans-Pacific Shipping Rates Rise as Carriers Make Capacity Cuts
Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades.
CN Customer News: Eastern Washouts
CN advises that heavy rainfall in Nova Scotia has resulted in delays across the Atlantic region. Damages from the rainstorm on the railway’s Bedford and Dartmouth subdivisions are impacting service to/from the Port of Halifax.