Montreal Negotiations Update

  • The union has a 60 day strike mandate which allows them to officially announce a strike with 72 hour notice.
  • Omnitrans is hearing that all parties are amicably agreeing to respect the March 21 deadline prior to proceeding with a lockdown or strike.
  • However, it’s important to note that the union or the Maritime Employers Association

 

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:

  • Overall political situations remain fluid and intensify and new regulations may be announced with little to no notice.
  • Mass protest and demonstration on the street are happening on a daily basis.
  • The Civil Disobedience Movement (CDM)continues to gain momentum and more and more public/civil offices staff, Trade Union, Association are participating. It has caused serious disruptions to

 

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 …