Transportation

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Mar 8, 2024
Teamsters Canada alerts of impending rail strike

The union representing around 9,300 workers at Canada’s major rail operators alleges a looming work stoppage due to deadlock in…

Mar 6, 2024
EU’s ETS: Asian carriers hit the hardest

Asian carriers are among the hardest hit by The European Union’s Emissions Trading System (ETS) due to the extensive distances…

Mar 5, 2024
OCEAN Alliance is extending its agreement

The Ocean Alliance, comprising CMA CGM, Cosco, OOCL, and Evergreen, has extended its vessel-sharing agreement until March 31, 2032. This…

Mar 4, 2024
Sanctions Update: US Tightens Grip on Russia

As the conflict between Russia and Ukraine persists into its third year, the United States has recently imposed a range…

Feb 23, 2024
Mexico overtakes Canada and China as US trading partner

Mexico surpassed Canada and China to become the primary trading partner of the U.S. in 2023, experiencing a significant 2.5%…

Feb 20, 2024
Global Coalition on Red Sea Maritime Security

The American Apparel & Footwear Association (AAFA) and the International Apparel Federation (IAF) have issued a letter signed by over…

Feb 20, 2024
Container Rates Rise Amid Red Sea Crisis

Container xChange has released a report detailing Red Sea crisis effects on container trading and leasing rates worldwide. The report…

Feb 19, 2024
US Imports: Upward Trend Despite Negative Outlook

Amid geopolitical tensions and concerns about water levels in major canals, the United States is witnessing a significant surge in…

Feb 7, 2024
Maersk & Hapag-Lloyd’s Gemini Partnership

Gemini Cooperation, a recent collaboration led by Maersk and Hapag-Lloyd, is set to commence in February 2025. The collaboration aims…

Feb 5, 2024
Red Sea Crisis and the Anticipated Ocean Rate Outlook

According to Xeneta, ocean freight shipping rates are expected to increase further in early February due to the ongoing Red…