Potential for more strikes on the horizon. From the Canadian Rail Strike to the potential walkout by dockworkers at America’s East Coast and Gulf Coast seaports, labor disputes are becoming a recurring theme in the logistics and transportation sectors. The latest development involves dockworkers canceling labor talks, raising the possibility of a strike later this year at some of the country’s most critical trade gateways. … Read More
June 1st GRI: Secure Your Space Now
As June approaches, the logistics industry is bracing for another General Rate Increase (GRI) set to take effect on June 1st. In addition to this upcoming rate hike, the current landscape is characterized by equipment shortages, blank sailings, and potential rail strikes in Canada, all of which have made space availability, rather than rates, the primary concern for shippers. Equipment Shortage: The ongoing global shortage … Read More