With the recent capture of the MSC Aries by Iranian forces, Indian exporters are bracing for a fresh wave of challenges that could escalate shipping costs and disrupt cargo flows significantly. This incident, which occurred amid heightened geopolitical tensions from the Iran-Israel faceoff, threatens to...
Canada’s Class 1 railways, CN and CPKC, are negotiating labour agreements with the TCRC, which represents about 9,000 conductors and locomotive engineers at both companies. CPKC is also negotiating with TCRC-RTC on behalf of about 80 rail traffic controllers. (There are also labour negotiations currently...
Shipping has to contend with new danger zones following Iran’s attack on Israel over the weekend and the hijacking of the MSC Aries. United Nations secretary-general Antonio Guterres urged warring parties to “step back from the brink” in what Ian Bremmer, a well-known political scientist and president...
Iranian armed forces have seized a container ship, identified as the Portugal-flagged 15,000-TEU MSC Aries, near the Strait of Hormuz. The vessel was commandeered by the Islamic Revolutionary Guard Corps (IRGC) on April 13, according to reports from Iranian state media. The move comes as a...
Dhaka Airport, Bangladesh – The export flow of air cargo from Dhaka, Bangladesh is once again under severe strain. This disruption comes as a result of ongoing issues with explosive-detection scanners (EDSs) at the airport, threatening the efficiency of cargo operations amid rising demand. Currently, only...
Overview of Upcoming Discussions The Port of Montreal is set to be the focus of significant attention as key stakeholders in maritime labor negotiations prepare for a pivotal meeting. The Maritime Employers Association (MEA) and CUPE Local 375 – Montreal Longshoremen are scheduled to meet on...
Introduction: The Canadian rail industry faces a pivotal moment. The Teamsters Canada union, representing nearly 9,300 workers at Canada's leading rail operators, Canadian National (CN) and Canadian Pacific Kansas City (CPKC), stands on the brink of a possible work stoppage. With negotiations over working conditions...
The ongoing negotiations between the BC Maritime Employers Association (BCMEA) and the International Longshore and Warehouse Union Ship & Dock Foremen Local 514 (Local 514) have encountered a critical juncture, with the specter of a potential strike looming over Canada's West Coast ports. Since January...
Recent updates from the Maritime Employers Association (MEA) bring a glimmer of hope to the ongoing labour negotiations at the Port of Montreal. Scheduled for April 8 and 9, mediation meetings by the Federal Mediation and Conciliation Service aim to foster a resolution, highlighting the...
In recent months, Canadian ports, particularly the Port of Vancouver, have become critical focal points for discussions around global trade efficiencies and logistics challenges. A significant surge in imports, compounded by strained rail capacities, has led to extended container dwell times, pushing the logistics and...
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