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4 days ago | 
sourcingjournal.com | Glenn Taylor
Canada Post and its 55,000-member postal worker union are taking different sides on how they want to resolve their 18-month-long labor dispute. Over the weekend, the Canadian Union of Postal Workers (CUPW) requested the national courier to take the talks to binding arbitration, which would enable the companies to select a neutral third party that rules on terms of a new contract.
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4 days ago | 
sourcingjournal.com | Glenn Taylor
Flexport wants to help businesses better estimate how much extra they’re paying in tariffs when they’re importing goods into the U.S. The digital freight forwarder launched the Flexport Tariff Simulator Monday as importers continue to navigate the stop-and-start environment. The simulator is accessible to the general public.
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5 days ago | 
sourcingjournal.com | Glenn Taylor
The consortium seeking to finalize a $23 billion deal to acquire dozens of ports from Hong Kong-based port operator CK Hutchison has reportedly held in-person discussions with China’s antitrust regulator in recent weeks as the transaction remains in limbo.
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5 days ago | 
sourcingjournal.com | Glenn Taylor
Air cargo demand for 2025 is tapering off further than initially forecast as the Trump administration’s tariffs and the removal of the de minimis provision for Chinese goods entering the U.S. take their toll on trade. According to the International Air Transport Association (IATA), total demand will inch up just 0.7 percent this year to 275.7 billion cargo tonne-kilometers (CTKs), down from the 6 percent CTK growth first projected in December.
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6 days ago | 
sourcingjournal.com | Glenn Taylor
Trans-Pacific ocean spot freight rates have kept their foot on the gas in the wake of a rush of imports from China into the U.S. as trade and tariff uncertainty pervades between the countries. On Friday, the Shanghai Containerized Freight Index (SCFI) calculated a surge of nearly 31 percent from the week prior out of the Chinese city across all markets, with West Coast-bound spot rates skyrocketing 58 percent to $6,243 per 40-foot equivalent unit (FEU).
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Canada Post put out what it said was its “final offers” to the Canadian Union of Postal Workers (CUPW) on Wednesday as both parties remain deadlocked in negotiations for new contracts for urban and rural mail carriers. The 50,000 CUPW-represented postal workers instituted a nationwide overtime ban after the negotiation deadline ended on Friday. Rallies are planned across Canada on Saturday.
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1 week ago | 
yahoo.com | Glenn Taylor
Canada Post put out what it said was its “final offers” to the Canadian Union of Postal Workers (CUPW) on Wednesday as both parties remain deadlocked in negotiations for new contracts for urban and rural mail carriers. The 50,000 CUPW-represented postal workers instituted a nationwide overtime ban after the negotiation deadline ended on Friday. Rallies are planned across Canada on Saturday.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
CMA CGM is reshuffling its deck of vessels to expand its presence in the Red Sea. Starting in June, the ocean carrier will reroute its Med Express (MEDEX) service—which connects ports across the Middle East, Indian subcontinent and Mediterranean Sea—back through the Suez Canal.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Air cargo demand escalated in April amid sweeping tariffs implemented on U.S. trade partners as importers rushed to get more product into the country. Total demand, measured in cargo tonne-kilometers (CTKs), rose by 5.8 percent compared to April 2024 levels, and 6.5 percent for international flights, according to data from the International Air Transport Association (IATA). On a seasonally adjusted basis, CTKs increased by 2.3 percent from the month prior.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
As importers continue to on the trans-Pacific trade lane, more capacity is kicking back in to capitalize on the demand. According to data from container shipping analysis firm Linerlytica published Monday, the next four weeks are expected to average 560,000 20-foot equivalent units (TEUs) in cargo departing from Asia to the U.S., a 48.5 percent increase over the low of 377,000 TEUs in the first full week of May.
