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CoronaVirus Update

COVID-19 Market Update September 11, 2020

Latest News Data published by the International Air Transport Association (IATA) shows a gritty July with a 91.9% year-over-year fall in passenger demand—the industry group stresses that governments need to provide more financial relief for airlines and reopen borders for…

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Surrey - Port Mann Bridge

COVID Market Update For September 1, 2020

Transpacific westbound sea freight rates continue to climb as the Air freight continues to experience decreased demand across Europe in the last weeks of summer, with the exception of key hubs: Germany’s Frankfurt International Airport, as a leading European hub…

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Port Of Montreal

Strike at the Port of Montreal – Status

Due to the ongoing Longshoremen’s strike  at the Port of Montreal, berthage services and cargo handling normally provided by dockworkers are suspended at several Port of Montreal terminals. Not affected by this situation are liquid bulk handling, the Oceanex service…

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Yantian Express- HAPAG Lloyd

Market Update for August 12, 2020

Latest News Canada vows retaliation as Trump brings back aluminum tariff. Canada intends to swiftly impose dollar-for-dollar countermeasures, says Deputy Prime Minister Chrystia Freeland. OTTAWA – The Trudeau government is promising to impose retaliatory tariffs on American products after U.S.…

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CoronaVirus Update

Market Update: COVID- 19 for August 4, 2020

Latest News Canada’s State of Trade 2020: As Canada’s Minister of Small Business, Export Promotion, and International Trade. Over the last few months, countries around the world have come together to fight the global pandemic, working to ensure the health…

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World Map

Global Update: May 22

The World Trade Organization (WTO) released a report on May 20 covering trade indices for various sectors, noting that global trade may further contract in the first half of 2020. As consumer spending and business acquisitions shift, countries may find…

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Yantian Express- HAPAG Lloyd

Worldwide update: April 28

The past week has seen much headway in collective efforts to stabilize economy, society, and livelihood. Worker strikes have begun to appear across several countries in Southeast Asia, Latin America, and Europe, many of them demanding safer working conditions and…

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CoronaVirus Update

COVID-19 Update

Individual government responses to the COVID-19 pandemic have created myriad ripple effects to specific industry verticals as different regions halt and resume business activities. Airlines continue to deploy cargo freighters and increase passenger-to-cargo flights amid reports of medical supply shortages,…

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