Shipping News


CANADA RAIL CRISIS: GOVERNMENT INTERVENTION & CARGO DIVERSIONS

UPDATE: MONDAY, AUGUST 26, 2024 - WORK RESUMES AT CANADIAN RAILWAYS Effective at 12:01 AM today, August 26, 2024, work has resumed at both CN and CPKC. This work resumption is the result of the Canada Industrial Relations Board order published on Saturday, August 24, 2024 that ruled the Teamsters [...]

2024-08-26T16:01:39+00:00August 23rd, 2024|Freight Talk, Import, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 34 | 2024

In Week 34, port congestion remains a challenge throughout the global supply chain. The threat of a Canada railway work stoppage looms large as the August 22, 2024 collective bargaining "cooling off" period nears the deadline for an agreement. CANADIAN RAILWAYS ANNOUNCE LABOR LOCKOUT  Both CN and CPKC officially [...]

2024-08-21T22:36:05+00:00August 21st, 2024|Freight Market, Freight Talk, Shipping News|

CANADIAN RAILWAYS ANNOUNCE RAIL SHUTDOWN

CANADIAN RAILWAYS: COLLECTIVE BARGAINING TALKS REACH BOILING POINT The months-long, heated collective bargaining talks between Canada's two major railways, Canadian National Railway Company (CN) and Canadian Pacific Kansas City (CPKC), and the Teamsters Canada Rail Conference (TCRC) reached a boiling point yesterday. Both CN and CPKC officially announced a labor [...]

2024-08-20T19:00:12+00:00August 20th, 2024|Freight Talk, Import, News, Shipping News|

NORTH AMERICA: IMPACT OF LABOR DISPUTES, EMBARGOES ON GLOBAL SHIPPING

Collective bargaining disputes in both the U.S. and Canada may exacerbate congestion at key ports in both countries. Ports on the West Coast for both countries remain congested due to recent natural disasters and equipment shortages. The threat of labor action is expected to further disrupt operations at the Ports [...]

2024-08-16T19:48:46+00:00August 16th, 2024|Freight Talk, Import, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 33 | 2024

In Week 33, port congestion remains a challenge throughout the global supply chain. Recent dangerous goods container explosions aboard Yang Ming and MSC vessels impacted operations in Ningbo and Colombo while the threat of potential labor action sees shippers placing orders early to avoid potential delays. CONTAINER EXPLOSIONS AT [...]

2024-08-13T21:46:47+00:00August 13th, 2024|Freight Market, Freight Talk, Shipping News|

EXPLOSION ON YANG MING CONTAINER SHIP IN NINGBO

YANG MING CONTAINER BLAST An explosion rocked Yang Ming-owned container ship YM Mobility on Friday, August 9, 2024, at 1:40 PM local time. The blast occurred while the vessel was berthed at the Port of Ningbo-Zhoushan. No casualties were reported and the cause of the blast is still under investigation. [...]

2024-08-12T18:03:40+00:00August 9th, 2024|Freight Talk, Import, Industry Spotlight, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 32 | 2024

Week 32 brings some relief as the Panama Canal Authority adds additional daily slots. However, Tropical Storm Debby is creating challenges for the U.S. East Coast with record-level rainfall. Railcar shortages that continue to plague the U.S. Pacific Northwest. TROPICAL STORM DEBBY Initially a Category 1 hurricane, Tropical Storm [...]

2024-08-06T21:56:06+00:00August 6th, 2024|Freight Market, Freight Talk, Shipping News|

SAVANNAH BRACES FOR TROPICAL STORM DEBBY

OPERATIONS UPDATE: WEDNESDAY, AUGUST 7, 2024 Port Of Savannah – All Terminals Open Savannah Hilton Head International Airport – Open with some delays and Cancellations Class 1 Railroads – Fully Operational Trucking - Expect delays and road closures while road and utility crews continue to assess damages and remove debris.  Tropical [...]

PANAMA CANAL: NEW DAILY SLOTS AVAILABLE

Earlier today the Panama Canal Authority (ACP) announced the introduction of a Long-Term Slot Allocation (LoTSA) method for Neopanamax vessels. This initiative is part of the transit booking system that aims to enhance transit certainty and flexibility for shippers. Currently, the slot offering in the transit booking system is done [...]

2024-08-02T22:33:27+00:00August 2nd, 2024|Freight Talk, Industry Spotlight, Shipping News|

FREIGHT MARKET UPDATE | WEEK 31 | 2024

As Week 31 comes to a close, we find the global supply chain facing familiar challenges including strained labor relations, wildfires delaying Canadian port operations, and railcar shortages that continue to plague the U.S. Pacific Northwest. DEMAND SLOWS YET REMAINS HEALTHY Demand is slowing but remains healthy and is [...]

2024-08-02T15:19:33+00:00August 1st, 2024|Freight Market, Freight Talk, Shipping News|
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