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01Mar 22

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…

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23Feb 22
Truck passing Castle Mountain in Alberta

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…

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17Feb 22
Coutts Border Crossing Blockage

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…

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26Jan 22
truck-in-snow-peaked-mountains

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…

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10Jan 22
Toronto-Ontario waterfront- photo by James Wheeler

Market Update: January 10, 2022

LATEST News Economy added 55,000 jobs in December, unemployment rate 5.9 percent. The Canadian economy added 55,000 jobs in December before Covid-19 cases began spiking at the end of the month, prompting public health restrictions that forced many businesses to…

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08Jan 22
Tonga Volcanic eruption-by Japan's Himawari-8 satellite and released by the National Institute of Information and Communications

Global & Regional Update – January 8, 2022

An underwater volcanic eruption near the South Pacific country of Tonga launched tsunamis toward all landmasses, destroying multiple offshore refineries and capsizing four vessels along the American coastline. Oil prices creep upwards again only three months after leading nations released…

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07Jan 22
Tan Bhin, Vietnam (Louise PHDC) pexels

Global Update: January 7, 2021

Despite the continuation of the Covid-19 pandemic, the first week of 2022 was marked by progress in global trade. In Asia-Pacific, the 15-country Regional Comprehensive Economic Partnership (RCEP) came into effect on January 1, marking a new era of commerce…

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30Dec 21
Pearson Airport-Terminal 3 Tarmac

Market Update: December 30, 2021

Health officials around the world are stuck counting cases of the new Omicron variant while we count down to the new year. Approximately 8,800 flights were canceled worldwide between December 24-27, attributed to a mix of new travel restrictions, inclement…

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17Dec 21
Coquihalla-Silver-Valley-Skagit-Valley-PP-Sign-TransCanadaHighway.com

Weekly Market update: December 16th, 2021

Latest News STATEMENT: Canada’s port authorities welcome support for supply chains. The Acting President of the Association of Canadian Port Authorities, Debbie Murray, issued the following statement in response to today’s Economic and Fiscal Update. “The Association of Canadian Port…

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10Dec 21
LA airport with planes at gates

Global update: December 10th

It’s been a little over eight months since the Ever Given lodged itself in the Suez Canal, and the cargo vessel is once again headed for the water passage—feel old yet? If not for the near-weekly volley of supply chain…

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01Dec 21
Vancouver Gastown View To Downtown with railcars

Weekly Market Update: December 1, 2021

Latest News CN calls a halt to reopening in BC. Flooding in southern B.C. continues to present logistical challenges for exporters as Canadian National Railway Co. shut its service along the key freight corridor because of heavy precipitation and traffic…

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24Nov 21

Market Update: November 24, 2021

Railroads Restoring Limited Service to Port of Vancouver. Limited rail service was restored to the Port of Vancouver, Canada on November 23 more than a week after torrential rains washed out roads and rail lines in the province of British…

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