Negotiations for trans-Pacific shipping service contracts are gaining momentum. This acceleration follows Walmart’s conclusion of some of its key agreements. Walmart stands as the largest retailer in
by Canada Post Employees to Vote on Contracts, Strike Mandate
Canada Post employees will soon vote on new contract proposals. Voting dates are set, and a strike vote is also scheduled. This process could give the union significant leverage if members reject curr
by Ocean Carrier Strength Challenges Importers’ Market Perception
US importers currently perceive a robust buyer’s market, suggesting they hold significant leverage in upcoming contract negotiations. This outlook, however, masks underlying risks. Ocean carriers have
by Retail Sales and Inventory Levels Poised to Shift Trans-Pacific Shipping Leverage
Shippers are anticipated to regain significant leverage in the forthcoming trans-Pacific contract negotiations. The degree of their pricing power will be primarily influenced by two key indicators: th
by Cargo Owners Seek Service Upgrades in Ocean Contract Talks
Service quality and related terms will primarily define the 2026-2027 ocean shipping contract negotiations. Industry sources indicate cargo owners will assert greater influence, leveraging evolving ma
by Tentative Agreements Halt Canada Post Strikes
Canada Post and the Canadian Union of Postal Workers (CUPW) have successfully reached agreements in principle. This significant development immediately led to the cessation of ongoing strike activity
by Asia-Europe Shipping Rates Continue Upward Trend
Shipping companies operating on the vital Asia-Europe trade route are preparing to implement another general freight rate increase, effective December 1st. This upcoming adjustment extends a series of