Freight updates February 21, 2023: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. Now, as we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, delays, and port congestion persist. These updates will share some of the latest freight news, so we can keep you abreast of the dynamic landscape that is the global supply chain.
New dangerous goods rules will impact shippers and freight forwarders
Professionals moving goods, especially dangerous goods, need to be aware of and adapt to new regulations from the International Civil Aviation Organization (ICAO) and the International Air Transportation Association (IATA), effective January 1, 2023. Read more.
Why the Maersk Essen lost 689 containers overboard
On January 16th, the Maersk Essen lost 689 containers overboard during a routine voyage from China to the U.S. Find out more here.
How much cargo theft rose in 2022
Cargo theft across Canada and the U.S. rose by 15% in 2022 from the previous year, equal to 1778 recorded theft incidents, a cargo theft recording firm reports. Read more.
Electric trucks and ships? Metals for batteries will run out by 2050
Global reserves of copper, cobalt, manganese and nickel will not be enough to support the like-for-like electrification of transport. In order to meet zero-carbon commitments, "de-growth" in capacity will be needed, says a new study. Read more.Air Transat shutting down Vancouver operations, over 200 jobs impacted
Air Transat is shutting down its base at the Vancouver International Airport. The union representing flight attendants anticipates this will force more than 200 people to either relocate or lose their jobs. Read more.
About Cole International’s Freight Forwarding Services:
At Cole, we’re proud to have been your freight forwarder for more than 60 years. A freight forwarder is at the frontlines of the global supply chain challenges the world faces today. These blog updates provide you the latest freight news: keeping you connected with the complex issues a freight forwarder is navigating at this time. Reach out to us today to learn how we can streamline your shipping operations.
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