China to Impose a New Port Surcharge on U.S. Ships Starting October 14
Businesses with supply chains linking the U.S. and China are preparing for another shift that could affect vessel operations and freight rates.
New LTL Freight Class Rules Now in Effect
The new LTL freight class rules, which apply to shipments rated under NMFC terms, mark a shift to a more precise density-based classification system.
U.S. Import Freight Rates Continue to Rise Following Temporary China Tariff Reduction
Although tariffs on Chinese imports are still at 30%, the temporary tariff reduction has triggered an increase in transpacific shipping volumes and rates. Conditions now resemble typical peak seasons.
Canada Post Labour Strike Looming, Potentially Disrupting National and Cross-Border Deliveries
With union negotiations at a standstill, Canadian businessescould face significant delivery delays and increased costs.
Agreement Reached Between CN and TCRC Following Rail Shutdown Last August
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While an agreement has been reached with CN, securing a 3% wage increase over three years, the Teamsters union is still in arbitration with CPKC.
ILA-USMX Agreement Secures Six Years of Stability for U.S. East and Gulf Coast Ports
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For businesses that rely on U.S. East and Gulf Coast ports to ship their goods, this agreement provides certainty and maintains the efficient movement of goods.
USTR Proposes Fees of up to $1.5 Million on Chinese Ships Entering U.S. Ports
The move to increase fees will determine how North American trade routes evolve and whether U.S. importers will need to make adjustments to their supply chains.
Canada Invests Over $33 Million in Rail Infrastructure to Support Economic Growth
This investment in rail infrastructure represents a major step toward modernizing Canada’s supply chain systems. By relieving congestion at ports, building inland hubs, and digitizing rail operations, they will contribute to more efficient trade routes and support local businesses.
New Tentative Master Contract Agreement Reached Between the ILA and USMX
Although the agreement has yet to be ratified, it is seen as a significant step toward ensuring the stability and efficiency of U.S. ports, which are vital to the nation’s economy.
DP World, Gemini Cooperation Join Forces to Improve Canadian Cargo Operations
As the partnership’s initiatives take shape in February 2025, Canadian businesses can expect faster, more reliable, and environmentally responsible shipping solutions.
