Cole Blog

Freight updates April 11, 2023: latest news and updates on the worldwide supply chain

Written by Freight Forwarding Dept. - Cole International | Apr 11, 2023 2:45:00 PM

 

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. 

Containers outbound from Montreal undergoing exit scrutiny from the CBSA

As of March 1, the CBSA has increased the number of export exams for containers leaving Montreal. Containers are being referred to the Entrepôts LaFrance examination facility for a full destuffing and exam. Read more. 

ANA to take over Nippon Cargo Airlines

Mega-shipping group NYK has entered into an agreement to transfer all shares in B747 freighter operator Nippon Cargo Airlines (NCA) to All Nippon Airways Holdings (ANA). Read more.

Third-party logistics providers (3PLs) were the top players in warehouse leasing in 2022

Third-party logistics providers (3PLs) leased more North American big-box warehouse square footage in 2022 than any other customer category, according to a report published Thursday by CBRE Group Inc. This is the first time that 3PLs have been the top player in the warehouse leasing market since CBRE (NYSE: CBRE) began compiling data in 2012. Read more.

Maersk Air Cargo temporarily idles new freighters

Maersk Air Cargo has temporarily parked several leased cargo jets as well as reduced its flight activity in response to weakening demand in the airfreight market and mechanical trouble with some of their aircraft. Read more.

CN announces plans for new Calgary intermodal transload facility

CN, Trealmont Transport Inc. (Montship Inc.) and Kaptan U.S. LLC announced they have reached an agreement to develop a multimodal transload facility in Calgary. The new facility is expected to be operational by the third quarter of 2024. 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.

Keeping you in the loop. It's what we do.