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Freight updates December 12, 2023: 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. 

Canada’s proposed “Anti-Scab” legislation stirs controversy

The Canadian government has introduced legislation which proposes to ban the use of replacement workers during a strike or lockout in federally regulated sectors including ports, railway transportation, banking, and telecommunications. Read more.

El Niño wreaks havoc on global shipping patterns

Across every continent, shipping is having to contend with the fallout from this year’s El Niño, a weather phenomenon that has helped cut drafts along major waterways, slashed agricultural production in key export markets, and could herald a stormy Pacific for vessels to contend with in the coming months. Read more.

Australia says ports operator cyber incident 'serious'

The Australian government on Sunday described as "serious and ongoing" a cybersecurity incident that forced ports operator DP World Australia to suspend operations at ports in several states. Read more.

$4 million lets shipper cut to front of line at Panama Canal

A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal waterway, a record high. Read more.

Reported incidents of cargo theft soared 59% in Q3, CargoNet says

Cargo security company CargoNet says it recorded 692 incidents of theft and pilferage in the U.S. and Canada during the third quarter, a 59% increase from the third quarter of 2022. Read more.

About Cole International's Freight Forwarding Services:

At Cole, we’re proud to have been freight forwarders for more than 60 years. Freight forwarders are at the frontlines of today’s global supply chain challenges.
These freight industry updates share some of the latest news: keeping you abreast of the situation and giving you insight into the complexity freight forwarders are navigating at this time. Contact us today to learn how we can streamline your shipping operations.

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