Recent News, by topic
Aperture & Focus: September 29, 2022
Global Aperture The US Federal Reserve announced a 0.75% key interest rate hike on September 21 to offset economic inflation—its fifth increase in 2022. Following the announcement, banks associated with the Gulf Cooperation Council (central banks of Saudi Arabia, the United Arab Emirates,…
Aperture & Focus September 23, 2022
Global Aperture Cargo airlines and trade analysts drop hints that fall-winter air demand may drop, attributed to recent earning reports from major transport operators and the oft-reported cargo disruptions and volatile fuel markets. But some global airlines remain optimistic, citing year-over-year recovering…
Aperture and Focus – September 16, 2022
Global Aperture Labor action across the globe moves supply chains to high alert with rail disputes in the US, work stoppages in UK ports, and air traffic control strikes in France. While some carriers are optimistic that intra-Asia trade will avoid slumping in…
Aperture and Focus -September 9, 2022
Global Aperture New shipping data dismays industry analysts around the world in time for the convergence of peak seasons: hurricanes, crop harvests, monsoons, wildfires, and of course—consumer spending. Global air volume data provided by CLIVE show a slowed decline in year-over-year cargo handled through August along…
Aperture and Focus -September 2, 2022
Global Aperture With the world’s grain supply still mired in uncertainty due to the ongoing Russia-Ukraine conflict, demand for Canadian grain is “skyrocketing”, and producers are on track to harvest their third largest crop on record. However, experts are concerned…
Aperture and Focus: August 19, 2022
Global Aperture Record-breaking heatwaves and ongoing droughts throughout the northern hemisphere have reduced more than just water levels—several industry, academic, and government officials have described slowdowns in the flow of goods and manufacturing operations around the world. The unusual summer conditions…
Aperture & Focus: August 12, 2022
Global Aperture The world is long-overdue for some good news. The United Nations expects a big uptick in Ukraine grain exports through the Black Sea after four more vessels were cleared to load 370,000 metric tonnes at the ports of Odessa, Chernomorsk, and…
Aperture & Focus: August 5th, 2022
Global Aperture In the latest move to enforce the recently enacted Ocean Shipping Reform Act, the Federal Maritime Commission launched the new Bureau of Enforcement, Investigations, and Compliance (BEIC) to drastically increase oversight of non-US carriers and ports. US officials of the…
U.S. Customs User Fee Adjustments to be Enforced October 1
On July 31, the U.S. Customs and Border Protection (CBP) published a general notice—later posted on the Federal Register—of several adjustments to select customs user fees and their respective limitations for Fiscal Year 2023, effective October 1, 2022. These adjustments are…
Customer Advisory: U.S. Customs User Fee Adjustments to be Enforced October 1
On July 31, the U.S. Customs and Border Protection (CBP) published a general notice—later posted on the Federal Register—of several adjustments to select customs user fees and their respective limitations for Fiscal Year 2023, effective October 1, 2022. These adjustments are…
Aperture & Focus: July 29, 2022
Global Aperture Slack season for the global air cargo market translates to relative cargo stability in the form of nominal declines in cargo throughput, according to recent data reports by WorldACD analysts. A new industry watchdog reports that without efficiency modifications, more…
Aperture & Focus: July 21 2022
Global Aperture Sea freight congestion gets stubborn as ongoing labor action at major trade hubs adds to the already-significant bottlenecks, but shipper demand is also plummeting, according to global trade analysts. New marine cargo studies find the glut of container…
Aperture & Focus: July 8th, 2022
Global Aperture Tensions rise and demand slides. Europe finds itself in a whirlwind of transport union strikes, bringing multimodal congestion throughout the Schengen region. Meanwhile, Asia-Pacific receives a windfall of air services, restoring intra-Asia and Asia-Europe connectivity despite softer cargo…
Market Update: July 8th, 2022
Latest News CP joins United Nations Global Compact. Canadian Pacific is the first freight rail company in North America to participate in the United Nations (UN) Global Compact, a voluntary leadership platform for the development, implementation and disclosure of socially…
Weekly Market Update: June 21, 2022
Latest News Strike at CN as rail labour negotiations remain stalled in the US. About 750 signals and communications workers at Canadian National Rail (CN) went on strike on Saturday, after the International Brotherhood of Electrical Workers and CN management…
Aperture & Focus: June 9, 2022
Global Aperture EU’s Parliament voted on June 9 to expand existing requirements for airlines to buy GHG credits—the amendment would require such credits be purchased for flights beyond member nations. The International Air Transport Association (IATA) has decried the move,…
Weekly Market Update: May 19th
Latest News Manufacturers call for help with supply chain disruptions. Canadian Manufacturers & Exporters (CME) is calling on the federal government to provide temporary financial relief to companies impacted by supply chain disruptions, and work to resolve Buy America and…
Global and Regional Update- May 11th
Global Aperture New air cargo data suggest global demand in April fell 8% year-over-year, attributed to the ongoing Russia-Ukraine conflict, recent Covid-19 lockdowns in China, enduring labor shortages, and a growing deficit in consumer demand. The US joins Canada and…
Weekly Update: April 27, 2022
Latest News Crisis or hiccup? Assessing the logistics impact of China lockdowns. Some experts predict ending quarantine restrictions will open cargo floodgates as airfreight feels immediate crunch. A mixed bag of circumstances and time horizons are creating diverging narratives about…
Regional and Global Update: April 19th, 2022
Thanks to a profitable fiscal year, airlines have continued to invest in their staff and fleet, which will buoy international freighter capacity for the time being, while recovering air passenger demand in Europe and the Americas lightens summer outlook for…