Transportation

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Jun 19, 2024
Canadian Border Agent Strike Avoided

Canadian border agents, represented by the Public Service Alliance of Canada and Customs and Immigration Union, have reached a tentative…

Jun 19, 2024
Panama Canal Increases Daily Transits

Starting July 11, the Panama Canal will increase daily transits from 32 to 33, and from July 22 onwards, this…

Jun 19, 2024
Port of Baltimore Reopens After 11-Week Closure

The main ship channel to the Port of Baltimore has been fully cleared of debris and reopened. Federal authorities estimate…

Jun 17, 2024
Spot Rates Predicted to Continue Upward

Container spot rates on major east-west trades saw moderated price increases following significant previous hikes. Drewry’s World Container Index (WCI)…

Jun 12, 2024
Hyperactive Season Ahead: 2024 Forecast

NOAA’s forecast for the 2024 hurricane season warns of significant disruptions, indicating a potentially hyperactive season. Texas, previously experiencing below-average…

Jun 6, 2024
Panama Canal Increases Ship Draft

The Panama Canal has increased the maximum authorized draft to 13.7 m ahead of schedule, effective immediately, in anticipation of…

Jun 6, 2024
Singapore Port Congestion Hits 2M TEUs

Congestion at the Port of Singapore has reached 2 million TEUs, representing 6.8% of the global fleet. Berthing delays of…

Jun 5, 2024
Bridge Removal Faces Delays

The removal of the final piece of Baltimore’s Francis Scott Key Bridge is taking longer than expected. Estimates now range…

Jun 5, 2024
Strikes Threaten Canada’s Cargo Flow

The risk of disruption to cargo flows in and out of Canada has increased due to potential strikes by customs…

May 24, 2024
Maersk Introduces PSS

Maersk has introduced new Peak Season Surcharges (PSS) for various routes from Far East Asia ports, effective from different dates…