Shipping News

Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24, Asia-U.S. West...

Container shipping faces potential overcapacity according to market outlook assessments. S&P Global reported that carriers expect a 9% growth in capacity against a 3% rise in cargo volume in 2025. BIMCO’s forecast indicates capacity could...

The potential strike by East and Gulf Coast port workers is already affecting U.S. trucking networks. To avoid delays, shippers are moving goods earlier, increasing demand on trucking and tightening capacity. If it lasts more...

U.S. Ports Preparing for Imminent StrikeSeveral ports along the U.S. East and Gulf coasts have announced contingency plans in response to a potential dockworker strike starting October 1, 2024. The International Longshoremen's Association (ILA) has...

As a potential dockworker strike on October 1 looms for major U.S. East and Gulf Coast ports, shippers and forwarders are exploring alternative routes and preparing contingencies to minimize supply chain disruptions. Planning ahead is...

Dockworkers on the U.S. East and Gulf Coast may strike unless a contract is reached by September 30.Talks between the dockworker's union, the International Longshoremen's Association (ILA), and port owners, represented by the United States...

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, dynamic load factors...

Canada Advisory: CN/CPKC Rail UpdateCIRB 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...

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 incident occurred on...