The global ocean shipping industry that handles 80 per cent of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.
A tentative agreement on October 3 between shipping companies and striking dockworkers brought huge sighs of relief from U.S. meat exporters and importers and the agricultural feed/food industry. All had warned that a prolonged strike would wreak havoc on their sectors. The last time the International Longshoremen’s Association struck in 1977, the port closure lasted […] Read more
Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a "final, comprehensive offer" to the longshore union.
Canada's exports of canola oil and forest products from West Coast ports, including the Port of Vancouver, have halted due to a labor dispute, producers said on Thursday.
Reuters – Unionized workers started an unlimited strike at two terminals of the port of Montreal on Thursday amid stalled talks on a new labor contract, the employers’ association said. The strike affects two terminals operated by Termont, which handle about 40 per cent of the port’s container traffic but only about 15 per cent […] Read more
Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.
Dozens of groups including the American Farm Bureau Federation, Renewable Fuels Association and American Chemistry Council said "the time has come for the U.S. government to intervene and ensure port operations do not stop" in order to prevent damage to U.S. agriculture and the economy.
Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks ahead of the nation's presidential election.