The International Longshoremen’s Association (ILA) warns that a strike at all Atlantic and Gulf Coast ports is becoming more likely as the expiration of their current contract with maritime employers…
Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…
The OECD, WTO and IMF are predicting that global trade growth could more than double in 2024, with falling inflation triggering lower interest rates, to stimulate domestic markets and consumer…
Labor contract negotiations for 45,000 dockworkers along the US East Coast have been canceled, industrial action by Canadian railways is becoming more likely, port workers in Germany went on strike…
Despite talk of deglobalization, near-shoring and global economic tensions sea-borne imports into the United States continue to grow, increasing by more than a quarter on pre-COVID 2019. With the trade…
The additional two weeks it takes for ships to sail around the Cape of Good Hope as a result of the Red Sea conflict’s effective closure of the Suez Canal…
We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…
Carriers have been pushing spot rates increases, GRIs and surcharges on all Asia outbound lanes, due to increased demand and increasing equipment challenges in more origins and it would be…
As predicted in our last freight market report the container shipping lines believe that volumes are rebounding to Europe, with projections for US imports also increasing and with capacity squeezed…
Offering transatlantic transit times that will be one to two weeks faster than current services from Dublin and Belfast, a new container shipping service launches tomorrow and with spare time…
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
Some areas of global trade continue to experience extreme congestion, while other areas are operating…
