Shippers Look for Alternatives as Panama Canal Delays Grow, Costs Mount
The number of vessels waiting to transit the Panama Canal has reached 161, more than double the number typically seen during the rainy season, and ... Read More
Flooding, Landsides Wreak Havoc Across Bangladesh; Shipping Heavily Disrupted
Severe flooding and landslides have been reported across Bangladesh after the country recorded its highest rainfall in over 30 years. The torrential rains, which began ... Read More
Drought Conditions Force Panama Canal to Lower Vessel Draft
The Panama Canal Authority (ACP) has lowered the maximum draft of the largest vessels transiting the canal due to falling water levels at the lake ... Read More
The Growing Wave of Discontent Disrupts Trade Flows Across Europe
Countries across Europe continue to face industrial actions and mass protests as high inflation, mounting costs of living, and economic policies push workers across the ... Read More
Portugal’s Dockworkers Stage Prolonged Nationwide Strike, Paralyzing the Country’s Import and Export Operations
Ports across Portugal, Madeira, and the Azores have reported significant disruptions after members of the National Union of Workers of Port Administrations (SNTAP) walked off ... Read More
Chinese Officials Enforce Tighter COVID Restrictions, Production Takes a Hit
New COVID-19 cases continue to surge across China despite the country’s draconian containment policies. Nationwide, new infections climbed to 7,475 on November 7 according to ... Read More
Second Rail Union Rejects Deal, Increasing the Likelihood of Nationwide Strike
In a further blow, another rail union - the Brotherhood of Railroad Signalmen - has voted down the proposed contract with the Class I railroads, ... Read More
U.S. Grapples with Gas and Diesel Shortages
The U.S. exported a record amount of crude and fuel last week, despite a growing domestic shortage of gasoline and diesel supplies ... Read More
Rail Union Rejects Deal, Renewing Possibility of a Nationwide Railroad Strike
The threat of a nationwide rail strike is back after members of the third-largest rail union rejected last month’s tentative agreement with the Class I ... Read More
