Montreal
• Yard utilization remains high
• Rail dwell time remains at average 3 days
Halifax
• All terminals are operating normally
• Rail dwell time decreased from 16 to 12 days
Prince Rupert
• Vessel berth wait time remains at 4 days
• Yard utilization remains at 109%
• Rail dwell time increased from 9 to 11 days…
Cargo moved jumps 15.7% year-over-year to more than 9.3 million TEUs
The Port of Long Beach reported on the 19th of January that it moved more cargo in 2021 than any year in its 110-year history. The news was not a surprise: The world had watched as the port was flooded with what it called a “historic, pandemic-induced import …
Major airlines have cancelled or made changes to flights to the US over concerns about the roll-out of 5G, even as Verizon and AT&T said they would delay the launch near certain airports. Some airlines have suspended services to major hubs until further notice, in yet another setback for cargo, passengers and carriers.
In what was perhaps the worst …
Since Saturday 15th January, U.S. truckers who are unvaccinated or partially vaccinated against COVID-19 have been barred from crossing into Canada. A similar mandate is expected to hit Canadian drivers at the U.S. border next Saturday. Already, the mandates are being blamed for a jump in rates.
But cross-border freight pricing was already poised to increase significantly by necessity. …
The Prince Rupert Port Authority (PRPA) released its annual cargo volumes today – over 25 million tons moved through the Prince Rupert Gateway in Northern BC in 2021. Despite this uncharacteristic 23 percent decrease in year-over-year total volume, the Port of Prince Rupert played a vital role in ensuring the movement of essential goods on North America’s West Coast …
In a landmark ruling that will be watched carefully by other jurisdictions around the world, South Korean authorities today slapped fines on 23 container lines, claiming they had been colluding together to keep rates high on certain intra-Asian trade lanes over a 15-year period.
A total of US$ 81M in fines were levied against lines including Maersk, HMM, Evergreen, …
Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers.
The spot rate for a 40-foot container to the U.S. from Asia including surcharges and premiums went considerably up compared to a couple of years ago. What’s more, tight container capacity and port congestion mean that longer-term …
After industry outcry, Canada’s Port of Vancouver has decided to postpone its Rolling Truck Age Program that was supposed to take effect on February 1. Trucks more than 10 years old will continue for an unspecified period to be admitted to the port.
“We have recently heard some concerns about our program start date from industry and Transport Canada, …
Montreal
Halifax
Prince Rupert
Vancouver