Navigating the Waves: Spot Rates vs. Contract Rates in Ocean Shipping
The shipping industry is buzzing. Rates are climbing, carriers are thriving and shippers are feeling the pinch. Is it 2020 all over again? While the current market may feel familiar, understanding your options is key to navigating these turbulent waters. Let’s dive into the difference between spot rates and contract rates to help you make […]
Canadian Railroad Impasse, Shipping Issues for Q3
Canadian Railroad Impasse, Shipping Issues for Q3 On August 22, Canada’s two biggest railroads, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), locked out their workers after failed labor talks with the Teamsters Canada Rail Conference on a new collective bargaining agreement for some 9,000 conductors and engineers. Sticking points are rest rules, […]
