GLOBAL MARKET INSIGHTS

Keeping you updated on the latest industry news and events.

  Another typhoon is heading towards China’s southeast coast, prompting another round of flight cancellations and port disruption in Shanghai and Ningbo. Typhoon Chanthu is expected to make landfall  in the Zhenjiang Province later today.  The storm, with average sustained winds of 86 mph, was downgraded from a super typhoon [...]
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  A perfect storm is brewing across the supply chain, and experts are predicting chaos and sky-rocketing rates for the upcoming air peak season. The outbreak of COVID-19 in China and South-east Asia, which has lead to increased restrictions, lockdowns, and manufacturing disruptions, is expected to exacerbate the already bad [...]
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  Shippers are facing a deteriorating supply chain situation in Vietnam as the government imposes strict lockdowns in an effort to curb the spread of COVID-19. As the delta variant approaches crisis levels, the country introduced the strictest COVID restrictions to date – residents are banned from leaving their homes [...]
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Dear Valued Clients, A COVID-19 outbreak at the Shanghai Airport (PVG) has forced the suspension of all cargo flights until further notice. We are looking into contingency options to help alleviate backlogs once flights resume and will keep you updated as more information is released. Please do not hesitate to [...]
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Canadian Border Services Agency (CBSA) employees began a “work-to-rule” strike this morning and warned that the labor action could have a “dramatic impact to Canada’s supply chain.” The impact of the labor action, which stops just short of a full strike, would be felt across all ports of entry [...]
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