Canada’s logistics landscape recently faced a significant disruption when the country’s major rail networks, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), halted operations due to a labor dispute. The Teamsters Canada Rail Conference (TCRC), representing about 10,000 workers at CN and CPKC, had issued a 72-hour strike notice, leading to a lockout by the rail companies in the early hours of August … Read More
Surging Spot Rates Tighten Vessel Capacity for Early July
The maritime shipping industry is witnessing significant changes as spot rates surge across major trade routes. According to the latest report from the Voice of the Independent, the Asia-North America trade lane has experienced double-digit spot rate increases for the first week of July, a trend that is expected to continue beyond October’s Golden Week. Drewry’s World Container Index (WCI) has reported a week-on-week growth … Read More
Inland Container Congestion in Chicago and Dallas
Inland congestion is causing a major supply chain disruption among the nation’s busiest ports due to a severe chassis shortage, causing an influx of containers to pile up in Chicago, Dallas, Memphis and Kansas City. This is an ongoing issue, which has only been exacerbated due to an influx of inventory overflowing already full warehouses. As a result, Union Pacific Railroad (UP) has been stacking … Read More
Rail Strike Looming Before the Holidays
A new potential rail strike is in the works after the largest rail union in the U.S. rejected its labor contract as of Monday, November 21st, over concerns about schedules and lack of paid sick time. Fear is setting in on what this means for potential shutdowns and the timelines, as this marks the fourth union to date to have failed to approve contracts. SMART-TD, … Read More
New Baltimore container terminal under development
Listen to this article: GLC INC. · New Baltimore Container Terminal Under Development The Port of Baltimore is located in Maryland’s Chesapeake Bay, and is considered the deepest harbor in the area. This port, closer to the Midwest than all other East Coast ports, was ranked first in the nation in 2020 for handling automobiles, light trucks, farm, and construction machinery, and lastly imported gypsum. … Read More
Port of Miami Expansion
Listen the article here: GLC INC. · Port Of Miami Expansion Projects Underway The Port of Miami, located in Florida, is geographically placed between North and South America, making it a “cargo gateway” for trade in the Americas. It is a powerhouse for east coast transportation because it is increasingly stable for trade from Europe, Asia, and Africa. Recently, the Port of Miami released its … Read More
Latest Imposed GRI for FedEx marks history
Thursday, September 22nd FedEx Corp announced a 6.9% general rate increase (GRI) to be imposed starting 2023. This GRI marks the largest percentage of increase year-over-year in the company’s history. All services will be affected by the GRI, except for the LTL, or less-than-truckload service, FedEx Freight, which could fluctuate between 6.9% and 7.9%, according to the customer’s scale. On average, FedEx’s annual tariff rates … Read More
Los Angeles Container Ports Lessen Congestion
Listen the article here: GLC INC. · Los Angeles Container Ports Lessen Congestion Records are being broken at one of the nation’s biggest Ocean Ports. According to the Port of Los Angeles, July 2022 was a record month for them in processing containers. On Aug 17, 2022, a press release was announced by the Port, claiming they processed an estimated 935,345 Twenty-foot TEUs in July. … Read More
Port of Savannah Container Volume Increasing
2022 fiscally has been a huge success, according to the Georgia Ports Authority. In one year, Port of Savannah has recorded 5.76 million twenty-foot units being handled, making it an 8% overall increase year over year. Simultaneously, the port of Savannah has also announced that June 2022 was also a record-breaking month for them, handling 494,107 TEUs, which is a rise of a 10.6% increase … Read More
New Incentives for Farmers Exporting from West Coast
Amongst rising shipping inflation costs, the USDA is placing incentives for Farmers in the United States to export their agricultural shipments when using the Port of Oakland or Nothwest Seapport Alliance, to rouse dropping export volumes in the US. For every container of farm goods or general agriculture commodities, all agriculture shippers will be given $200. For any said shippers using refrigerated containers, they will … Read More
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