The latest strike notice adds to the shipping industry’s fears that the disruption will have lasting damage on Montreal's attractiveness as a gateway for so-called discretionary cargo.
Monday August 3, 2020
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Asia-Australia
Asia-Australia
Australian container trade with China, Southeast Asia, Japan, and South Korea is expected to grow at rates well in excess of the world average, reflecting improved economic performance, a greater acceptance of containerization in these partner regions.
China is the largest foreign buyer of Australian agriculture, forestry and fisheries products. Australia’s main imports from China are manufactured goods, led by telecommunication equipment, IT products, furniture and homewares.
The entry into force in 2015 of the China-Australia Free Trade Agreement (ChAFTA), removed Chinese tariffs on a vast range of Australian products, such as beef, horticulture products and processed foods. These products are expected to become particularly important as China transitions to a more consumption-driven economy.
Australia's agriculture sector is well-placed to take advantage of forecasts that China will account for a larger share of global growth in demand for agricultural products by 2050. Driven by changing consumer tastes and expanding distribution channels, export opportunities for Australian agrifood sector are also expanding in markets as diverse as Indonesia, Korea and Japan, given Australia’s reputation for producing high-quality food products.
Cosco Shipping Lines provides scheduled services between such major Australian ports as Sydney, Melbourne and Brisbane, and such major Asian ports as Shanghai, Hong Kong, Xingdao, Singapore, Jakarta, and Port Kelang.
Container volumes on the trade lanes that link Australia with 15 other countries from the Asia-Pacific region are also expected to grow significantly as a result of the conclusion of the Regional Comprehensive Economic Partnership (RCEP), a free trade agreement between the ten member states of the Association of Southeast Asian Nations (ASEAN) -- namely Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam-- and five of ASEAN's FTA partners—Australia, China, Japan, New Zealand, and South Korea. India, which is also ASEAN's FTA partner, opted out of RCEP in November 2019.
Webcasts
Jul 16, 2020 2:00PM EDT
Jul 30, 2020 1:00PM EDT
Press Releases
03 Aug 2020
Ocean Network Express (ONE) said blank sailings were key to boosting ship utilization, with use on eastbound trans-Pacific services hitting 96 percent.
03 Aug 2020
The uncertainty that marks cargo forecasting in the largest US trade lane is largely a reflection of consumer purchasing habits, which have not followed normal seasonal trends due to the coronavirus disease 2019 (COVID-19).
03 Aug 2020
Aggressive capacity management in response to the effects of the COVID-19 crisis and escalating tariffs has helped the top 10 container carriers operating in the Europe–US trade increase their share of the market so far in 2020.
31 Jul 2020
With e-commerce demand surging during the COVID-19 pandemic, Amazon is taking steps to alleviate capacity constraints in its fulfillment facilities and last-mile delivery services.
31 Jul 2020
The heavy equipment manufacturer saw second-quarter sales tumble 42 percent in North America as the economic effects of the COVID-19 crisis crushed end-user demand.
31 Jul 2020
The Asia–US West Coast spot rate exploded past $3,000 per FEU this week, but forwarders expect pricing to stabilize for the coming month as demand and supply are reaching a state of balance.
31 Jul 2020
Container carrier ONE said an increase in COVID-19 infections in South Africa has also disrupted port operations in Durban, causing vessel delays to ships operating on its South Africa Central service.
31 Jul 2020
Observers say the port strike, if it drags on, could create lasting damage to the Port of Montreal, which handles a significant volume of discretionary cargo able to move through other ports.
31 Jul 2020
The Latin American market can leapfrog past its supply chain inefficiencies by using technology, but there’s an uphill climb to overcome inertia and differences between markets, a Chile-based forwarder told JOC Uncharted this week.
31 Jul 2020
Logistics managers have to negotiate dueling mandates around speed to market and carbon emissions reductions; a new tool from APL Logistics is designed to help them determine which metric is more important.
30 Jul 2020
Amid reports of tightening LTL capacity, ODFL, ArcBest’s ABF Freight, and XPO look to put more distance between their businesses and April’s steep decline in volume.
30 Jul 2020
A new app marketplace connecting drayage providers and two terminals in Los Angeles could lay down a marker for how software integrations and common data standards will make harbor truckers lives more manageable in the Southern California port complex.
30 Jul 2020
Facing record US domestic volumes due to a surge in e-commerce deliveries, parcel, trucking, and third-party logistics provider in May implemented a temporary peak surcharge on some ground residential and SurePost deliveries as well as large packages.
30 Jul 2020
Along with making the Port of Virginia a cleaner operation, the new equipment aims to lower the time that ships spend in port and dwell time for containers at terminals.
30 Jul 2020
The alleged attack in Montreal comes as dock workers are in the midst of a four-day strike, with port checkers due to launch their own job action Saturday.
30 Jul 2020
Cargo handlers using India’s minor ports enjoy significant competitive advantages over major landlord ports, including unregulated tariffs, fewer government controls, and relatively modern infrastructure.
29 Jul 2020
The COVID-19 pandemic, hopping from one hotspot to another, is scattering pieces of the supply chain capacity puzzle, leading to “dislocation,” J.B. Hunt’s Shelley Simpson says.
29 Jul 2020
The latest strike action raises concerns that port clerk and longshore will launch consecutive strikes at Montreal, the second-largest East Coast port.
29 Jul 2020
Small shippers will have to pay a $500 surcharge on excess cargo on Union Pacific, as both western US Class I railroads struggle to handle the surge in volume out of Los Angeles.
29 Jul 2020
Singapore's sovereign wealth fund is thought to be contemplating a cash injection of up to $450 million into PIL in return for a significant shareholding in the privately controlled carrier.
29 Jul 2020
A containerized train carrying 50 TEU from India reached Bangladesh’s Benapole port on Sunday, opening a new avenue for trade between the two countries that will cut time and costs.
29 Jul 2020
This week’s episode of JOC Uncharted features a one-on-one conversation with Shelley Simpson, president of highway services at J.B. Hunt Transport, and a discussion on the proliferation of logistics tech in Latin America.
28 Jul 2020
A data-sharing initiative between key container gateways in Europe and Asia underlines the need for shippers and service partners to be connected into multiple shipping networks.
28 Jul 2020
Maersk’s march toward providing supply chain management services and tools for shippers continues with the addition of a control tower software suite aimed at small and mid-sized shippers.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
28 Jul 2020
Airlines and forwarders say spiking coronavirus infections in the US and developing countries will likely keep air cargo capacity in tight supply and elevate rate levels for a long time.
28 Jul 2020
Michelin will use Inland Port Greer for all imports and exports in South Carolina, as beneficial cargo owners (BCOs) become more comfortable using inland ports in the Southeast.
28 Jul 2020
The spin-off of its third-party logistics business allows Roadrunner Transportation Systems to concentrate on rebuilding and expanding its less-than-truckload business.
28 Jul 2020
The National Labor Relations Board decision involving Terminal 5 in Seattle guarantees the International Association of Machinists dozens of maintenance and repair jobs over the ILWU, which also sought jurisdiction over that work.
27 Jul 2020
The US Surface Transportation Board is reviewing a petition for unconditional approval of CN’s purchase of 230 miles of track, known as the Massena Lines in upstate New York, from CSX Transportation.
27 Jul 2020
With the e-commerce boom accelerating during the COVID-19 pandemic, third-party logistics providers are offering inventory management, visibility, and fulfillment solutions to shippers to support the migration of sales transactions to an online environment.
27 Jul 2020
As freight volumes rise, expedited LTL operator Forward Air is expanding capacity by 30 percent at the heart of its airport-to-airport network in Columbus, Ohio.
27 Jul 2020
Shippers on the Europe-North America trade are reluctant to commit to large scale inventory replenishment, and service providers are expecting weak volume growth in the second half.
27 Jul 2020
New costs related to the COVID-19 crisis and lower revenues due to the pandemic’s effect on cargo volumes are threatening the financial viability of ports across the United States.
27 Jul 2020
The second strike action in less than two months at the second-largest Canadian container port bodes poorly for longshore workers and employers agreeing to a new contract soon.
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