Author: neil

A 2021 Look at the Global Container Crisis

After losing billions of dollars for years, the container shipping industry is finally turning a profit. However, there are still plenty of problems it has yet to work out. Most notably, quality and schedule reliability have plummeted in the last year or so. Between shipping...

House of Commons Passes Bill C-29, Next on to Senate

Members of Canada's House of Commons debated Bill C-29 until 2:00 am Eastern time this morning. The vote results were: yeas 255, nays 61. The bill now moves on to the Senate, which was recalled for the debate and vote. Backgrounder: Bill C-29, An Act to Provide for...

Evergreen Blocked from Offloading Cargo from Ever Given

Efforts by Evergreen, the operator of Ever Given, to have the vessel’s cargo separated from the ship in any legal action have failed. Evergreen had hoped to move the cargo to other vessels to allow it to continue to its destination. The Ever Given was arrested by...

No rate relief in sight for ocean shippers as Lunar New Year passes

During Lunar New Year, bookings came down as some companies were still closed, but, according to Hapag-Lloyd CEO Rolf Habben Jansen, trucking capacity was higher than normal for the time. Jansen told reporters last week, speaking about the seasonal decline encountered as a result of...

Box port delays causing service cancellations

Due to unusually long delays on vessels caused by congestion in Asian and North American ports, major global container lines are being forced to cancel large numbers of east-west services. This week, Hapag-Lloyd told customers that it was forced to introduce "a comprehensive schedule recovery plan...