PARIS OLYMPICS UPCOMING IMPACT ON GROUND TRANSPORTATION The 2024 Olympic and Paralympic Games are coming to Paris this summer, and with the excitement of the competition also comes the challenge of logistics in and around the capital city. Both the Olympic and Paralympic Games will have prolonged impacts on traffic [...]
As dockworkers on the East and Gulf coasts prepare to negotiate local port agreements ahead of the mid-May deadline set by their union president, management sources are divided on the risk of a strike as the September 30th expiration of the current contract approaches. While some believe a deal will [...]
The Week 17 Freight Market Update finds ongoing challenges with the global supply chain. Forecasts predict an increase in water levels for the Panama Canal water system in the coming weeks. FINLAND LABOR STRIKE Several labor unions went on strike at port across Finland this month. The unions have [...]
ZEMBA & GREEN WORLDWIDE: REDUCING GHG EMISSIONS THROUGH COLLECTIVE TENDER Green Worldwide Shipping® is proud to announce the successful completion of the inaugural collective tender initiated by the Zero-Emission Maritime Buyers’ Alliance (ZEMBA). This groundbreaking tender for zero-emission ocean shipping will provide greenhouse gas emissions reduction of more than 90% compared [...]
Section 301 of the Trade Act of 1974 (Trade Act) aims to tackle unfair foreign practices that impact U.S. commerce. It serves as a means to address unjustifiable, unreasonable, or discriminatory actions by foreign governments that hinder or limit U.S. trade. Under the Section 301 provisions of the Trade Act, [...]
The Week 16 Freight Market Update sees some relief to the global supply chain as the Panama Canal expects the rainy season to bring canal operations to near normal levels. Challenges, however, remain with potential labor unrest in Canada and vessel closures at the Port of Baltimore. PANAMA CANAL [...]
The U.S. Department of the Treasury enacted directives on Friday, April 12, 2024 that prohibit the import of Russian-origin aluminum, copper, and nickel into the U.S. These actions also limit the use of these Russian-origin metals on global metal exchanges and over-the-counter derivatives trading. This move supports the G7 Leaders' [...]
In this Week 15 Freight Market Update, focus remains fixed on supply chain disruptors and their impact on global logistics operations. PORT OF BALTIMORE The Port of Baltimore is currently in the process of resuming container operations following a temporary shutdown due to the collapse of the Key Bridge. [...]
The Port of Baltimore is currently working towards handling containers within the next four weeks after shutting down because of the Key Bridge collapse. Starting in a limited capacity to containers as well as other freight (such as ro/ro) the port is targeting a full reopening by the end of [...]
Supply chain disruptions continue to pose challenges to global shippers. In this Week 14 Freight Market Update, we address the implications of the Taiwan earthquake, Francis Scott Key Bridge collapse operational challenges, and the ongoing challenges posed by low water levels in the Panama Canal. TAIWAN EARTHQUAKE The magnitude [...]
