Bi-weekly Freight Updates - December: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. As we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, logistic delays, and port congestion persist. We provide you with freight updates that include some of the latest industry news, helping to keep you on top of the dynamic global supply chain landscape.
Purolator, UPS pause shipments from couriers amid backlog from Canada Post strike
Amid an influx of packages that would normally be sent through Canada Post, Purolator and UPS have paused shipments from some courier companies in order to catch up. Read more.
Parcel carriers poised for faster peak season deliveries
Parcel delivery speeds improved in November by 27% year over year, according to project44, a promising sign for shippers and carriers as the peak holiday shipping season kicks off. Read more.
ILA threatens strike if no deal by January 15
The International Longshoremen’s Association (ILA) warned today that a breakdown in negotiations with the United States Maritime Alliance (USMX) over the contentious issue of automation and semi-automation could lead to another coastwide strike within six weeks.. Read more.
Despite tariff talk, CPKC expects to tap cross-border traffic growth
Canadian Pacific Kansas City CEO Keith Creel is confident that free trade will continue in North America despite President-elect Donald J. Trump’s threat to impose 25% tariffs on goods imported from Mexico and Canada. Read more.
Spot rate rollercoaster: Carriers bank on GRIs ahead of Lunar New Year
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports seeing double-digit increases. Read more.
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