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.
The established Red Sea diversion routes may have provided some clarity for companies in their supply chain planning, but it’s the duration of these diversions that needs to be factored in when strategizing for peak season. Why? Container availability. Read more.
Lynx Air, a Calgary-based airline launched less than two years ago with a promise to make air travel more affordable for Canadians, says it will cease operations on February 26. Read more.
The union representing almost 9,300 workers at Canada’s two biggest rail operators says the railroads are pushing toward a work stoppage after negotiations have deadlocked over issues of working conditions and wage increases. Read more.
The World Shipping Council, the industry body for ocean carriers, has joined the call for a "feebate" bunker tax-and-subsidy program - but with a new twist. Read more.
A strike starting this evening at Lufthansa Cargo will affect a “significant number” of freighter flights to and from Germany; and threatens to become a regular occurrence. Read more.