Shippers are beginning to make alternative routing arrangements in the event of a renewed strike at the port of Montreal.
Industry groups are warning that a new round of industrial action would seriously hurt supply chains and the Canadian economy. Stakeholders are worried that a strike at the port could come as soon as late next month, when a …
Montreal Negotiations Update
There is no relief in sight for ocean shippers looking for a downturn in rates on the Transpacific route, as spot prices have risen another 7% in the last week between China/East Asia and the North American West Coast, according to figures from Freightos.
Volume flowing to the West Coast is expected to stay elevated in the coming weeks, …
It’s annual-contract negotiation season for U.S. importers — and the hand they’ve been dealt couldn’t be worse. The deck is heavily stacked in ocean carriers’ favour.
There’s talk that spot rates could stay strong until Q4, if not 2022.
Annual contracts are usually finalized by May or June. The risk to shippers: If they don’t agree to much-higher long-term …
Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favorable conditions for carriers and shipowners to last at least into the second half.
While there is strong demand on the Asia-Europe tradelane, it is the transpacific that is leading the charge. Experts say the surge on the route has the ability to continue …
General Situation:
In the Agility Emerging Markets Logistics Index 2021, Vietnam moved three places up the rankings to 8th place overall. The country’s consistent economic growth over the past few decades, as well as its recent success in controlling the spread of the coronavirus, has positioned it as a promising emerging market according to the Index.
In recent years, Vietnam has …
The Canadian International Trade Tribunal determined that the dumping and subsidizing of certain decorative and other non-structural plywood originating in or exported from China, have not caused injury and are not threatening to cause injury to the domestic industry.
As the Tribunal found no domestic injury, anti-dumping and countervailing duties will not be collected by the Canada Border Services …
The Canadian International Trade Tribunal (CITT) announced that it found a reasonable indication that the dumping and subsidizing of certain upholstered domestic seating, originating in or exported from China and Vietnam, have caused injury or are threatening to cause injury to the domestic industry.
On December 21, 2020 the Canada Border Services Agency (CBSA) initiated an investigation into the …
As of March 15, 2021, food import transactions will automatically be rejected unless a valid Safe Food for Canadians (SFC) licence number is entered in the Integrated Import Declaration (IID). If a transaction is rejected, the SFC licence holder may experience delays and have their related food shipment(s) held at the border until the error is addressed and the …