02
Sep
High load Factors Indicate Tight Air Cargo Capacity Shippers are advised to secure space and create contingency plans due to anticipated air cargo capacity shortages from key Asian markets during the peak season. According to a Xeneta and Tiaca webinar,…
27
Aug
Canada Rail Dispute Canada Advisory: CN/CPKC Rail Update CIRB Orders Binding Arbitration between CN-CPKC and Teamsters Canada Rail Conference (TCRC) The Canada Industrial Relations Board (CIRB) imposed Binding Arbitration between CN, CPKC and the Teamsters union for both railway requiring…
19
Aug
Explosion at Ningbo Port Seen Impacting Supply Chains The recent explosion aboard the Yang Ming vessel YM Mobility at Ningbo Port, China, has triggered significant concerns about global supply chain disruptions, particularly on key trade routes out of Asia. The…
12
Aug
Unprecedented Surge in Ocean Container Shipping Demand from China In June 2024, ocean container shipping demand from China to North America and North Europe reached unprecedented levels, driven by disruptions in the Red Sea that prompted importers to secure their…
05
Aug
Airline cargo revenues improve in Q2 along with market According to earnings results released, cargo business at publicly traded passenger and combination airlines improved in the second quarter compared to the previous three months as the recovery from a prolonged…
29
Jul
Global freight forwarding market to expand 1.7% in 2024 The global freight forwarding market faced a downturn in 2023. According to the Global Freight Forwarding 2024 Report from Ti insight, market performance contracted by -1.3%, in real terms. The decline…
22
Jul
ILA says strike ‘more likely’ as contract deadline looms with no progress The International Longshoremen's Association (ILA) announced that a strike "is becoming more likely" as they struggle to reach a new contract agreement with maritime employers along the East…
15
Jul
Container freight rates seen peaking According to Linerlytica, freight rates may have peaked and are leveling off. The company said new shipping capacity into the U.S. West Coast, North Europe, South America, and the Middle East has reduced pressures on…
08
Jul
Loading worries drive early peak season frenzy on eastbound trans-Pacific Shippers worried about not being able to secure capacity for the upcoming peak season are rushing to book space and equipment on the Trans-Pacific container market. Container spot rates from…
01
Jul
US trade groups urge Biden’s help in restarting stalled ILA-USMX talks A group of U.S. manufacturers, distributors, retailers, and trade organizations is urging the Biden administration to help resume stalled contract negotiations between the International Longshoremen's Association (ILA) and maritime…
