The Iran conflict, which began late in the first quarter, had little impact on the forwarder's Q1 business, accounting for just a 1.5% decline in ocean freight volumes.
The Port of Quebec received clearance from Canada’s customs authority to handle and inspect international containers, part of the country’s long-term pivot away from trade with the US.
A “clean-up effort” against unsafe and illegal trucking firms is cutting enough capacity to spur even bigger rate hikes, the company’s CEO says.
