The logistics industry is bracing for potential disruptions as concerning labor issues loom across North American ports and railways. The potential Canadian rail strike and the threatening US East and Gulf Coast dockworker strike are flashing warning signs for logistics operations, particularly for intra-Canadian and North American trade. In Canada, the situation is tense as… Read more »
UPDATE: December 19, 2023 As the Red Sea conflict unfolds, shipping companies are taking evasive actions, with Cosco-owned OOCL halting cargo acceptance to and from Israel and over one hundred vessels delaying or rerouting voyages to avoid Red Sea transit. Flexport CEO Ryan Petersen reports around seventy-eight vessels are delayed and awaiting orders. At the… Read more »