Freight updates July 18, 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 industry updates that include some of the latest freight news, helping to keep you on top of the dynamic global supply chain landscape.
Interprovincial trade barriers must go: CFIB
The Canadian Federation of Independent Business (CFIB) is calling on Canadian governments to slash red tape and reduce interprovincial trade barriers. Read more.
How JB Hunt and Schneider National are adjusting to intermodal uncertainty
Intermodal containers will be parked until businesses and retailers start clamoring to replenish inventories again, executives at J.B. Hunt and Schneider National said during a conference last month. Read more.
LNG Canada aims to start shipping to world within two years
LNG Canada represents one of the largest energy investments in Canadian history, with the project estimated to cost about $40 billion. Read more.
How ‘historic’ decarbonization deal could inflate future shipping rates
Decarbonizing shipping is like herding cats, and that herd, otherwise known as the International Maritime Organization (IMO), unveiled major new global emission-reduction targets Friday. Read more.
June Class 8 orders continue rebound
North American Class 8 truck orders experienced a year-over-year increase for the second month in a row during June, ACT Research reported. Read more.
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