Port of Montreal Shippers Brace for Labor Dispute Disruptions
Continuing labor negotiations between the Port of Montreal Employers Association and the port’s longshoremen ended this past Sunday, February 28th, without reaching an agreement. Concerns around a possible renewed labor strike taking place at the Port of Montreal are beginning to rise as the truce set between the two parties [...]
Are More Shipping Containers Being Lost at Sea?
While the number of containers lost at sea had been trending down over the past few years, recently, more cargo has gone overboard during the past three months than the annual average, 779 containers a year, between 2017 and 2019. Just last week, the Maersk Eindhoven lost 260 containers overboard. [...]
The State of Texas Declares Emergency During Severe Winter Storm
Due to a severe winter storm, which began February 11th , a Federal Emergency Declaration was approved by the White House on February 14th for the State of Texas. Millions of Texans have been without power since early Monday morning and the outages spread beyond Texas into areas in Ohio, Mississippi, [...]
Demand for Advanced Supply Chain Visibility Options is on the Rise
In the same way that many consumers today hold retailers accountable for accurate, step-by-step shipping and delivery information, industrial shippers have found themselves under the same level of pressure within the B2B setting. Sales teams no longer have to justify to companies why they should invest in advanced visibility tools, [...]
U.S. Coast-to-Coast & International Market Update
U.S. COAST-TO-COAST MARKET UPDATE U.S. WEST COAST Container ships are anchored outside of the ports awaiting berth. The berth congestion appears to be mainly caused by late/off proforma vessels and the issue is expected to continue, over the next month. Los Angeles | Long Beach HIGH CONGESTION There are currently [...]
U.S. and UK Formally Recognize Authorized Economic Operator Programs
In a statement released on January 21, 2021, the United States and the United Kingdom have formally agreed to recognize each other’s authorized economic operator (AEO) programs. Authorized economic operator programs allow low-risk members of the trade community who meet internationally-recognized supply chain security standards to enjoy trade facilitation benefits. [...]