Category Archives for Industry News

Western Canada port strike ends after deal reached on tentative four-year contract The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. Western Canada port strike ends after deal reached on tentative four-year […]

Western Canada port strike ends after sides reach deal on tentative four-year contract: source The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. Western Canada port strike ends after sides reach deal […]

UPDATE: Western Canada port strike ends after sides reach deal on tentative four-year contract The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. UPDATE: Western Canada port strike ends after sides reach […]

Chassis repairs causing short-term shortages in Chicago Truckers are having difficulty locating available chassis in Chicago because many units have been taken off the street to be serviced after heavy usage over the last two years. Chassis repairs causing short-term shortages in Chicago Journal of Commerce

ZIM expects EBIT loss up to 0 million in revised 2023 guidance, citing soft rates The carrier’s CEO said the company would continue to “actively manage and rationalize” its fleet and services during the current downturn in the global shipping market. ZIM expects EBIT loss up to 0 million in revised 2023 guidance, citing soft […]

Fewer empty imports reconfigure Indian containerized trade patterns The new trade pattern reflects in large part a sharp drop in empty equipment imports amid weakening demand conditions, rather than sustained export trade, industry observers say. Fewer empty imports reconfigure Indian containerized trade patterns Journal of Commerce

DHL to invest 1 million to expand presence in Latin America DHL will spend hundreds of millions of dollars in the region over the next five years as the company targets customers looking to globalize their business and diversify sourcing. DHL to invest 1 million to expand presence in Latin America Journal of Commerce

Evergreen confirms orders for 24 methanol-ready container ships The ships add to the growing order backlog of methanol-powered container ships that currently total at least 100 vessels, equivalent to around 12% of vessels on order, according to ship brokers. Evergreen confirms orders for 24 methanol-ready container ships Journal of Commerce

Canada’s Minister of Labour intervenes in bid to end dockworker strike If ILWU Canada or longshore employers reject the recommendations of a federal mediator, the next step will be for the Canadian government to reconvene Parliament, which is on summer recess, to address the situation. Canada’s Minister of Labour intervenes in bid to end dockworker […]

Cargo recovery along USWC began prior to tentative labor deal: analyst The doom and gloom regarding cargo diverted away from the US West Coast during recent labor strife may have been excessive, as importers are not eager to permanently adopt higher-cost routings when a reliable lower-cost option with reasonable service exists, writes analyst Larry Gross. […]