Recent News, by topic
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…
Weekly Market Update: April 6, 2022
LATEST News Shanghai’s ‘grim’ Covid outbreak threatens more global supply chain disruption. The Covid-19 outbreak in Shanghai remains “extremely grim” with the ongoing lockdown of China’s financial powerhouse threatening to devastate the country’s economy and “tear apart” already very stretched…
Weekly Market Update: March 24th 2022
LATEST News CP arbitration process could take weeks. Canadian Pacific Railway Ltd. rail employees are back on the job, but one labour relations expert says it could take weeks before matters are settled between the country’s second-largest railway and the…
Weekly Market Update: March 17, 2022
LATEST News CP issues lockout notice to Teamsters. Close to 3,000 employees of Canadian Pacific Railway Ltd. could be off the job early Sunday morning. Calgary-based CP Rail said in a release Wednesday that it has issued 72-hour notice to…
Update on CP rail strike – Notice of TCRC lock-out
CP Customer Bulletin: Notice of TCRC lock-out from John Brooks, Executive Vice-President & Chief Marketing Officer /Avis de lock-out à l’intention de la CFTC de la part de John Brooks, vice-président exécutif et chef du marketing Dear customers, CP has…
Update on potencial CP rail strike
Union Members at CP Rail Vote to Authorize Strike March 7, 2022 Union members of the Teamsters Canada Rail Conference (TCRC) have voted in favor of a strike mandate beginning March 16, 2022, if a collective bargaining agreement isn’t reached.…
The Russia-Ukraine Conflict: How Will Your Supply Chains Be Affected?
On Thursday, February 24 at 4:30 AM (GMT+2), Russian Federation forces opened fire on multiple structures military and civilian in Ukraine after crossing Senkivka-Veselovka border of Belarus. In response, multiple countries including the US, Japan, and the EU have announced…
China Issues Regional Lockdowns Until March 20
A surge of Covid-19 cases in China has led to regional lockdowns and movement restrictions in the cities of Shenzhen and Dongguan set to last until March 20. As part of these restrictions, all non-essential operations have been ceased. Assembly…
Russia-Ukraine Conflict: Worldwide Customs Brokers Suspends Cargo Consignment to/from Russia & Ukraine
As financial curbs are placed and export restrictions are imposed on dual-use goods by Western nations, a growing number of commercial shippers, lessors, and insurers have also discontinued services and coverage. After an announcement by Russia's aviation authority, Aeroflot was…
Russia-Ukraine Conflict: Port and Carrier Updates
As of March 2nd, 25 countries have banned flights in and out of Russia and only a handful of airlines continue to service through Russian airspace including Air China, Asiana, Etihad, Qatar, Singapore Airlines, and Thai Airways. Over 50 long-haul…
Global & Regional Update: March 1 2022
Global Aperture Airspace is heavily disrupted in Eastern-Europe as the Russia-Ukraine conflict escalates, and Turkey has warned all countries against sending warships to the Bosporus and Dardanelles Straits that lead to the Black Sea—a move to partition military and economic…
Russia-Ukraine Conflict: Supply Chain Customer Updates
Due to the escalation of military conflict, World Wide Customs has suspended all services to and from Ukraine. The Ukrainian airspace is closed to civilian flights. The area is now defined as an Active Conflict Zone and EASA (European Union…
Market Update: February 23, 2021
LATEST News MTO grounds trucking businesses involved in ‘Freedom Convoy’ protests. The Ontario Ministry of Transportation has effectively shut down 39 trucking businesses in the wake of a crackdown on so-called Freedom Convoy protesters. Responding to questions from trucknews.com, the…
Weekly Update: February 17, 2022
A rash of new outbreaks in South Korea, Indonesia, Denmark, and other countries will stifle near-term travel sentiments as airlines step up with more service resumptions in mid-to-late spring. Transpacific Asia-US flights are still crippled with Cathay Pacific’s reduced cargo…
Global and Regional Update – February 3, 2022
Airports Council International (ACI) and IATA are urging European governments to remove travel restrictions for their inefficiencies to mitigate public health risks, as seen in airport Covid outbreaks as recent as the past week. Globally, 2022’s peak season associated with…
World & Regional Update – January 28, 2022
Analysts say shipping delays have become the new normal as carriers are forced to cancel bookings—vessel shortages have cropped up as a result of port congestion around the world. As many countries in the Asia-Pacific gear up for Lunar New…
Weekly Market Update: January 26, 2021
LATEST News Trucker protest won’t cause food shortages, government says. Transport Minister Omar Alghabra is assuring Canadians there’s no reason to fear food shortages will result from a small minority of truck drivers refusing to comply with a vaccine mandate in…