Author: neil

CP Canadian Network Shutdown

Rail and Truck Updates  On Thursday, the Teamsters Canada Rail Conference (TCRC)-Train & Engine provided CP with its 72-hour strike notice to be effective 00:01 ET on Sunday, March 20. CP had previously issued notice to the TCRC of its plan to lock out employees at...

Pay-Anything Mood Grips U.S. Importers Fearful of Shipping Woes

Pay-Anything Mood Grips U.S. Importers Fearful of Shipping Woes U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping contracts that may not even be honoured as they try whatever it takes to guarantee the arrival of their products. The pandemic-driven...

Shenzhen Partially Lifts Lockdown

Ocean Updates Shenzhen Partially Lifts Lockdown Shippers will be relieved with news from Shenzhen, where local authorities are easing lockdown rules as a COVID scare passes without too great damage to supply chains, especially compared with an outbreak last summer that wiped out three-quarters of the vital...

Lockdown in Shenzhen in effect from Mar 14 to Mar 20

Dear Valued Customers, Lockdown in Shenzhen in effect from Mar 14 to Mar 20 will impact port activity and may lead to potential disruptions Eleven districts in Shenzhen, China, are on lockdown from March 14 to March 20, with local officials restricting movement for more than 17...

Potential CP Rail Strike

The following important information was received from Canada Pacific regarding a potential strike action that could occur by next week. This has the potential to add further delays to an already stressed supply chain.  Possible CP Rail StrikeThe Teamsters Canada Rail Conference (TCRC), which represents approximately...

Why war in Ukraine could be catastrophic for container shipping

Although container shipping in and out of the Black Sea remains a relatively niche trade, a Russian invasion of Ukraine could have catastrophic consequences for global container supply chains. At the Freightwaves Global Supply Chain conference yesterday, Vespucci Maritime CEO Lars Jensen warned that the ripple...

U.S. House Panels Open Price-Gouging Probe of Major Ocean Carriers

Two U.S. congressional oversight panels have opened an investigation of three major ocean carriers, alleging that their dramatic rate hikes charged to shippers may have fueled inflation. Leaders of the Select Subcommittee on the Coronavirus Crisis and the Subcommittee on Economic and Consumer Policy – which...

Maersk Update on Halifax Port Omissions

Ocean Updates Maersk Update on Halifax Port Omissions Maersk has provided an update on the multiple Halifax port omissions it has experienced since end of quarter 4, 2021: The operational environment has been extremely challenging and has impacted vessel proforma schedules due to numerous reasons, including, but not...

AIR UPDATES

Air Updates  Shippers Turning to Air Freight as Part of Longer-Term Business Model Fed up with congestion at major container gateways and poor liner service levels, some shipper customers that previously used air freight only as a last resort have now made it part of their business...

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