Global Logistics News & Insights
Notice: A strike is likely that will affect imports arriving at Canada’s West Coast ports this month
With a 22 May deadline for Canada’s rail strike looming, many companies are drawing up contingency plans for North American west coast port calls out of concern for an extended recovery period, significant backlogs, and knock-on effects. Canadian rail workers union the Teamsters Canada Rail Conference (TCRC) called for industrial action following five months of unsuccessful discussions with employ...
The Transmodal Logistics Update for April 2024 Here is some of the top supply chain news happening right now. For the last several months, we’ve heard that the full impact of the Houthi attacks was still uncertain, but that has changed. Especially now that the situation in the Red Sea is intensifying as Somalis step up their pirate activity in the area. To date, carriers are being rerouted around ...
In 2023, the trade relationship between the United States and Thailand witnessed a remarkable upswing, particularly in the realm of imports from Thailand. This 400-word article delves into the dynamics of this bilateral trade, highlighting the major commodities and their values that characterized the imports from Thailand to the USA in 2023. **Overview of Trade Growth** The year 2023 marked a sign...
In 2023, the trade relationship between the United States and India continued to strengthen, reflecting a deepening economic partnership in a rapidly changing global landscape. This 400-word article will focus on the dynamics of this bilateral trade, particularly highlighting the major commodities and their values that characterized the imports from India to the USA in 2023. **Growth in Trade Volu...
The air cargo industry is experiencing a mini-boom, driven by the ever-increasing growth in e-commerce and perhaps partly due to the shift away from ocean carriers thanks to the Red Sea crisis. January 2024 saw an 18.4% increase in year-on-year cargo demand, which is the highest increase since the summer of 2021, and cargo ton kms (CTK) for the month even surpassed pre-Covid levels by 2.8%. Having...
In the complex arena of international trade, the Reconciliation process under the U.S. Customs and Border Protection (CBP) stands out as a vital tool for importers. Originating from the Customs Modernization Act (Mod Act) of 1993, this process has adapted to the evolving needs of global trade, particularly with its transition to the Automated Commercial Environment (ACE). **Evolution and Significa...
**The Top 10 Ocean Freight Container Ports of 2023: Navigating Global Trade Hubs** In 2023, the global trade landscape continued to be dominated by a select group of ocean freight container ports, each playing a pivotal role in the movement of goods across international waters. This 500-word article provides an overview of the top 10 ocean freight container ports in the world during 2023, focusing...
In 2023, the trade relationship between the United States and Cambodia experienced significant growth, marked by a notable increase in imports from Cambodia. This 400-word article aims to explore the dynamics of this bilateral trade, focusing on the major commodities and their values that characterized the imports from Cambodia to the USA in 2023. **Overview of Trade Growth** The year 2023 was a p...
The most recent Logistics Managers’ Index Report had good news to share, pointing to a positive sign for the logistics industry. The results of the survey show the industry is growing for the first time since September 2019, largely due to a number of factors, including increased inventory levels, transportation prices, and warehousing capacity. In fact, each of the eight metrics that the Index me...