Weekly Market Update : March 24, 2021
Latest News Ottawa ready to force a return to work. (Ottawa) The Trudeau government intends to act quickly if the longshoremen at the Port of Montreal go on strike. A bill to force people back to work is in the…
Weekly Update: January 25, 2021
Latest News Seventeen percent of SMEs in danger of closing. The Canadian Federation of Independent Business said Thursday one in six, or about 181,000, Canadian small business owners are now seriously contemplating closing. The latest figures, based on a survey…
Customs & Shipping News: Jan14
An Arctic polar vortex is set to barrel down the Northern hemisphere. Colder winters in Asia and Europe means greater demand for natural gas, and recent vessel congestion at the Panama Canal means slower distribution, pushing up fuel costs. The…
Global Update: January 6th
The world enters 2021 with a third wave of infections attributed to a coronavirus variant that first appeared in the UK, along with five new variants already observed in Ukraine and another from Argentina. Pressed by mass social gatherings over…
Global Update: Dec 30th
The new year is nigh, and still the container shortage persists. Traces of the new coronavirus strain have been found in a growing list of countries including India, Canada, Denmark, Japan, South Korea, Singapore, and Australia. Consequently, passenger flights to…
World Wide Customs Brokers: COVID-19 Market Update December 22
Latest News Ontario Announces Provincewide Shutdown to Stop Spread of COVID-19 and Save Lives. TORONTO — As COVID-19 cases continue to rise at an alarming rate, the Ontario government, in consultation with the Chief Medical Officer of Health and other…
Winter Storm Slams Northeastern US, Delaying Cargo Flow
A cold winter storm has arrived on the doorsteps of the US East Coast, with city officials bracing for wind, sleet, and up to two feet ( 0.6 m) of snowfall. The Port Authority of New York & New Jersey…
Global update: December 4th
The effects of a lopsided recovery effort across the world are coming into focus for business leaders: the Worldwide Air Slot Board (WASB), a multi-organizational group comprised of air transport industry associations, published a joint proposal asking regulatory agencies around…
Weekly Market Update: Nov 24, 2020
Latest News On November 22, airport workers at the Shanghai-Pudong International Airport were flagged for testing and quarantine after two positive cases were detected in the terminal. The cases have recently been linked via contact-tracing to a cargo container arriving…
Market Update: Nov 19, 2020
Market Update Canada and U.K. close to new trade deal. Deal will replace EU pact once Brexit takes effect OTTAWA – Canada and Britain say they are in the final stages of negotiating a new trade deal before a Dec.…