The U.S. merchandise-trade deficit widened in October as imports reached the highest in more than a year, outpacing a gain in the value of exports.
The shortfall grew to $80.3 billion from $79.4 billion in September, according to Commerce Department data released Wednesday.
Source: BNN Bloomberg…
The impacts of slavery, forced labour, and child labour are alive and well in Canada – in the clothes you wear, the home appliances you buy, and the ingredients you use in your favourite family dinners. Anything can be tainted by the labour of the enslaved, imprisoned, children, and those working to pay off debt assumed by their parents, …
Transport Canada has revised the rules governing worker fatigue for the rail industry.
The federal agency announced Wednesday that the Duty/Rest Rules for Railway Operating Employees have been updated to better reflect the latest science on fatigue management. The adjustments will also help ensure that Canadians working or living near railways are kept safe, Transport Canada said.
The agency …
Shanghai’s Pudong Airport reportedly descended into chaos on Sunday, November 22 evening after two cargo handlers tested positive and the facility went into lockdown as nearly 18,000 other staff were tested.
Hundreds of flights were cancelled.
Now, new COVID regulations are expected to lead to cargo delays.…
Fearing COVID could enter the country on frozen food imports, China is upping its checks on reefer shipments, leading to considerable delays at a number of ports.
Chinese health officials said Wednesday that two cold-chain storage workers in the port city of Tianjin were infected with COVID-19. Earlier COVID relapses in the summer in cities including Beijing and Dalian …
The Halifax Port Authority is in the planning stages of a new Marine Container Examination Facility (MCEF) and associated access route to Fairview Cove Container Terminal.
It would be used to manage container inspections for Canada Border Services Agency (CBSA).
It is also expected that the project would provide additional employment opportunities for the local community during construction, improve …
Colombo port is still experiencing operational delays of +48 hours due to labor shortage as a result of a recent resurgence in COVID-19 cases.
Delays in vessel berthing is averaging 1-2 days.
Additionally, adverse weather conditions (rain & wind) is adding to delays due to intermittent work suspensions.
Due to this adverse situation, you might start seeing some of …
After a six-year investigation, with the involvement of stakeholders the length of the supply chain, the U.S. Federal Maritime Commission (FMC) laid out its Final Rule on Demurrage and Detention and the reasonableness of these practices in the container shipping sector. The FMC concluded that there has most likely been a long history of unjust and unfair demurrage and …
The robust profits container lines reported in the third quarter, the best in a decade, stand in stark contrast to dismal service levels and worsening container imbalances out of Asia that comes with the sting of rates that have hit record levels in the trans-Pacific and six-year highs on Asia–Europe trades.
· Maersk Line reported earnings before interest, taxes, …
Prince Rupert
· Vessel berth wait times are currently at 4 – 5 days; vessel backlog is expected to last though December
· Yard utilization is 100%
· Rail dwell time is 7-9 days
Vancouver
· Vessel berth wait times are currently at 4 – 6 days; vessel backlog is expected to last through December
· Yard utilization is …