Recent News, by topic
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…
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…
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…
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…
Port of Montreal: Maritime Employers Association vs Lonshoremen’s Union update
On February 1st, the Maritime Employers Association filed a complaint to the Canada Industrial Relations Board (CIRB) alleging that the union had not bargained in good faith and a decision was rendered today. We acknowledge this decision and will follow…
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…
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 for December 4th
Latest News First COVID-19 vaccine could be delivered to distribution points as early as end of December; Fortin says. Military, partners will be ready to deploy vaccines as soon as they are approved by Health Canada. Federal officials today explained…
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…
We’re hiring… an HR Generalist
This is a very unique opportunity to lead the development of a fledgling HR department for a medium size enterprise and have the support and resources of the corporate HR team at our multi-billion dollar parent company. Local leadership; global…
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.…
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…
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…
CN Rail back in service W of Hope, BC
CN Rail says: "We would like to update you on the status of the track that was affected by a service disruption as a result of a derailment impacting our mainline near Hope, BC. Service has now resumed. CN…