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Holiday Cargo Rush

Global Update May 28, 2021

Overview That old industry adage about how 90% of the world’s goods move by ship is due for a revision with updated passenger destinations for the summer and stagnant sea freight conditions. With new long-haul flights poised to uplift pax-belly…

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Hapag Lloyd Vessel - Essen Express

World Wide Customs Global Update: May 15

More and more airlines tap into cargo service expansion on word that the current global cargo crisis may not abate until the final quarter of 2021, while passenger confidence takes a turn for the volatile in both domestic and international…

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Tan Bhin, Vietnam (Louise PHDC) Pexels

Worldwide Update: April 22, 2021

Copper. Rubber. Plastics. Cotton. Chicken wings. Day in and day out, business journalists are reporting more raw material shortages across industries—a consequence of the metaphorical wedge that the global pandemic has driven between suppliers and consumers. But carriers—namely ocean alliances—show…

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Yantian Express- HAPAG Lloyd

Global Update for April 9, 2021

IATA’s latest data shows global air demand is back to pre-pandemic levels, but capacity is still playing catch up as nations struggle to vaccinate populations and contain new outbreaks. Chartered cargo flights will see a demand uptick in the coming…

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Evergreen Ship Blocking Suez Canal-BBC Story

Suez Canal blocked by grounded container ship

Evergreen has provided this official message. Evergreen Marine Corp. received a notice from the shipowner of EVER GIVEN that the chartered vessel ran aground in Suez Canal at around 8 am local time on March 23. This accident occurred at…

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Port Of Montreal

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…

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Holiday Cargo Rush

Weekly Market Update: March 3, 2021

  Latest News After worst year on record, Canadian economy enters 2021 with double digit growth. OTTAWA -- The Canadian economy sprinted to the finish line of 2020 with nearly double-digit growth in the fourth quarter, ending its worst year…

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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…

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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…

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World Map

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…

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