Policy Watch-CIFFA expresses alarm and frustration at recent development in marine shipping sector which will have negative impacts on Canadian businesses and consumers.
A letter to the Federal Minister of Finance, copied to each provincial Solicitor General, calls attention to unjustifiable and unjustified fees to industry.
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Maritime August 2: Flexport Data Shows Sailings from China to U.S. West Coast 20 Days Faster than to East Coast Ports – American Journal of Transportation Sailing times from China to U.S. West Coast ports are averaging 20 days faster than to U.S. East Coast ports, according to the supply chain logistics platform Flexport. On […]
Maritime July 1: Schedule Reliability for Boxships Rebounds to Highest Level in 2024 – The Maritime Executive Schedule reliability for the container segment rebounded from the lows of January and April to reach the highest point in 2024. While the industry has been able to stabilize after the shocks caused by the Red Sea diversions, […]
Maritime June 4: Ocean Contracts Under Strain Amidst Red Sea Diversions – Freightos blog Capacity already stretched thin by Red Sea diversions is combining with an unexpected increase in demand in recent weeks to send ocean container spot rates spiking, and poses familiar challenges to shippers with long-term contracts. Demand for ocean freight out of […]