Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take weeks to unravel. Although port operations are largely back to normal in Shenzhen and Hong Kong after the tropical storm’s passing, the total...
https://www.youtube.com/watch?v=3AzWdneqY0s...
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...
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...
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...
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...
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...
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...
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....
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...
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