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Weekly Market Update: Nov 16, 2020

Latest News Moderna says its coronavirus vaccine appears to be 94.5% effective. For the second time this month, there's promising news from a COVID-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the…

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Shipping Industry News – September 23

Overview A global effort is underway to nudge the shipping market toward emissions reduction—the International Maritime Organization (IMO), in conjunction with the Singapore Ports Authority, will “embark on emission reduction mechanism like market-based measures to incentivize the uptake of alternative…

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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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