The Viau and Maisonneuve marine terminals closed to ship, rail and truck traffic Thursday morning as members of the Canadian Union of Public Employees Local 375, which represents 1,200 dockworkers at Montreal, walked off the job. Source link

While conventional retailers were decreasing their orders, the growth of e-commence shipments from Asia was more consistent as elevated air cargo rates pushed more shippers to move goods via ocean transport, the carrier’s CEO said. Source link

The revised forecast, which covers the carrier’s financial year to March 31, 2025, is 13% higher than the $2.7 billion estimate it gave on July 31. Source link

Fewer port calls in the Gemini network will allow the carrier to move greater volumes with the same number of ships, Vincent Clerc said while reporting a highly profitable third quarter. Source link

There is no way to predict when carriers will return to the shorter route between Asia and Europe, and cargo owners want to factor that uncertainty into their long-term rate agreements for 2025. Source link

Less-than-truckload volumes may be down as much as 15% from 2021, but carriers are pushing for rate hikes in single-digit percentages as they plan expansion. Source link

The Environmental Protection Agency will disburse nearly $3 billion in federal funds meant to offset the costs of upgrading thousands of pieces of yard equipment from diesel to electric power. Source link

Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement. Source link

With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027. Source link

The port will see almost half of its container capacity go offline beginning Thursday as the local longshore union declares an unlimited strike against two of Montreal’s largest marine terminals. Source link