Watch our Video: An overview of the container shipping market 2021
https://www.youtube.com/watch?v=3AzWdneqY0s...
14 October, 2021
Blog
Canada short 18,000 truck drivers in second quarter
About 18,000 of Canada’s truck driving jobs were vacant in the second quarter of 2021, leaving 72% of surveyed employers to identify driver recruitment as a significant business challenge. The results emerged Tuesday with the release of Trucking HR Canada’s latest labor market information update. While the...
14 October, 2021
Yantian, Hong Kong and Other Ports Closed as Tropical Storm Approaches
Chinese officials issued warnings and ordered ports in the Shenzhen region to suspend operations as a strong tropical storm approached the region after bringing heavy rain to the Philippines. The storm named Kompasu is expected to pass south of Hong Kong overnight before moving west...
14 October, 2021
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...
03 September, 2021
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...
29 April, 2021
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...
21 April, 2021
Good News, Bad News ‘and Even Worse News’ from Congested European Ports
The knock-on effects of the blockage of the Suez Canal are likely to impact North Europe supply chains until June. Container lines have discharged Asian imports wherever they can to turn ships around in North Europe as quickly as possible and return vessels to Asia. Moreover, the...
21 April, 2021
Here’s How A Long Shutdown Of The Suez Canal Might Roil The Global Economy
Before the grounding of the massive Ever Given container ship in the Suez Canal, some 50 vessels a day, or about 10% of global trade, sailed through the waterway each day — everything from consumer electronics to food, chemicals, ore and petroleum....
26 March, 2021
It ‘Might Take Weeks’ To Free Ship Stuck In Suez Canal, Salvage Company Says
The Suez Canal Authority said in a statement Thursday that it had officially suspended traffic while efforts to dislodge the 1,300-foot Ever Given, stuck crossways in the canal, continued, raising the possibility of major new disruptions to global commerce just as supply chains have begun...
26 March, 2021
Air freight prices are expected to remain high due to a lack of space and an increase in vaccine demand.
Constrained space, a rise in vaccine shipments around the world, and already buoyant demand in the air cargo sector for other commodities are likely to hold air freight prices at their current buoyant levels for some time....
13 March, 2021