Overall The latest Drewry WCI composite index per 40ft container is 54% below the previous pandemic peak in September 2021, but it is 236% more than the average 2019 (pre-pandemic) rate. Additionally, the average index for the year-to-date significantly exceeds the 10-year average, highlighting the lasting impact of the exceptional conditions during the 2020-2022 period.…
The threat of invasive species like the Asian Long-Horned Beetle and the Emerald Ash Borer continues to devastate U.S. forests, and it’s not just an environmental issue—it’s also a significant concern for global trade. Both the U.S. Department of Agriculture (USDA) and U.S. Customs and Border Protection (CBP) enforce stringent regulations on wood packaging materials…
The Teamsters Canada Rail Conference (TCRC), the union representing nearly 10,000 rail workers at Canada’s two largest freight railroads, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), has filed a lawsuit challenging the federal government’s decision to end their recent strike. This legal action stems from a series of events that have reignited…
As labor negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) reach a critical juncture, the possibility of a strike at East and Gulf Coast ports is becoming increasingly likely. The ILA, which represents over 65,000 dockworkers from Maine to Texas, has stated that if a new contract isn’t reached…