Despite recent ceasefire developments between Israel and Hamas, global shipping lines are unlikely to rush back to using the Suez Canal for container transits, citing safety concerns and market unpredictability. Key Developments: Ceasefire Agreement:On Sunday, a ceasefire agreement between Israel and Hamas included a statement from the...
Evidence suggests that CMA CGM is poised to become the first liner operator to resume regular Red Sea transits. AIS data shows that the 11,400 teu CMA CGM Columba, part of the Europe-Middle East/India service (EPIC), departed Algeciras over the weekend and is en route...
CALGARY (January 2025) — Workers represented by Unifor at Canadian Pacific Kansas City Railway (CPKC) have voted overwhelmingly in favor of strike action if a new labor agreement is not reached. The union reported a 99% approval for the strike mandate, reflecting strong support from...
The Port of Vancouver is currently experiencing significant congestion, with rail dwell times extending to 15–20 days, well beyond the port’s target of three days. This disruption is causing delays in cargo movement and impacting supply chains across various industries. Key Factors Contributing to Congestion: Vessel Bunching:Irregular...
Shippers can breathe a sigh of relief as the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract, avoiding a potentially disruptive strike slated for January 15, 2025. The agreement will maintain operations...
In a critical step toward resolving the contentious labor dispute between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), a secret eight-hour meeting was held on Sunday. The discussions aimed to find common ground on automation ahead of the January 15...
Since October 2024, the Port of Halifax has faced a series of challenges that have disrupted terminal operations and extended dwell times for cargo: Key Challenges: Increased Vessel Calls and VolumeA surge in vessel calls and container volumes since October has overwhelmed the terminal’s capacity, causing significant...
Negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) face a critical deadline with the expiration of the current master contract on January 15, 2025. Without a new agreement, a coast-wide strike is expected to begin on January 16, potentially...
India has successfully averted a nationwide port worker strike scheduled for December 17, 2024, by ratifying a long-pending wage agreement. The Ministry of Shipping approved the revised contract, meeting the demands of six national labor groups representing thousands of dockworkers. This resolution follows months of negotiations...
The ongoing crisis in the Red Sea continues to significantly impact the Asia-Europe trade lane, leading to delays, increased shipping costs, and supply chain disruptions. Attacks on vessels in the region have reduced traffic through the Suez Canal, a critical route that handles 15% of...
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