GLOBAL MARKET INSIGHTS

Keeping you updated on the latest industry news.

B.C. Strike Resumes After Union Rejects Labor Deal

B.C. Strike Resumes After Union Rejects Labor Deal

More than 7,400 port workers across British Columbia, Canada have walked off the job again after rejecting the labor deal brokered by a federal mediator, ... Read More
Canadian Dockworkers Issue Strike Notice

Canadian Dockworkers Issue Strike Notice

Canada’s west coast dockworkers will walk off the job this weekend after issuing a 72-hour strike notice.  The strike by more than 7,000 unionized dockworkers, ... Read More
Panama Canal Adjustment Surcharge

Panama Canal Adjustment Surcharge

Subject:                    Panama Canal Adjustment Surcharge Effective Date:       June 1, 2023 Dear Valued Client, Carries have announced an adjustment surcharge on all vessels transiting the Panama ... Read More
Drought Conditions Force Panama Canal to Lower Vessel Draft

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
Customer Advisory:  Notice of General Rate Increase

Customer Advisory: Notice of General Rate Increase

Subject:  GRI Effective Date:  May 15, 2023 We are receiving varying reports from the different carriers indicating a GRI surcharge for May 15, 2023. This ... Read More
Germany:  Hundreds of Flight Cancellations Amid Strike

Germany: Hundreds of Flight Cancellations Amid Strike

Hundreds of flights have been cancelled at three major German airports after aviation security members of the Verdi trade union walked off the job this ... Read More
The Growing Wave of Discontent Disrupts Trade Flows Across Europe

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
New CBP Entry Requirement for Goods Produced in China

New CBP Entry Requirement for Goods Produced in China

As you know, U.S. Customs and Border Protection (CBP) announced back in October that it would require additional information for all entries containing China-origin goods, ... Read More
Importing Food, Pet Food, or Dietary Supplements?  What You Need to Know About New FDA Guidance for Complying with FSVP Requirements

Importing Food, Pet Food, or Dietary Supplements? What You Need to Know About New FDA Guidance for Complying with FSVP Requirements

The FDA has released new guidance for how food importers can comply with the requirements of the FSVP. The guidance is applicable for all importers ... Read More