Port of Montreal Labor Union Update

The Port of Montreal has been operating under a labor truce arranged last August that ended the strike there. As we have been reporting, the negotiations have deteriorated raising the possibility of new strike action.  Yesterday longshoremen rejected the latest offer from the Maritime Employers Association.  The union has not announced a strike as yet.  The best…

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US-UK Agree to Suspend Tariffs on UK Goods in Boeing/Airbus Dispute

The United States and the United Kingdom issued a joint statement today to suspend tariffs on UK goods in connection to the Boeing/Airbus aircraft dispute.   This includes Single Malt Scotch, Single Malt Irish Whiskey from Northern Ireland, liqueurs and cordials and certain wines from the UK. The suspension goes into effect today March 4,…

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Monthly Bunker and Intermodal Fuel Levels for April 2021

US Port Region / Equipment 20′ Dry 40′ Dry 20′ Reefer 40′ Reefer Europe to USA East Coast $257 $514 $373 $746 Europe to USA West Coast $373 $746 $547 $1,094 South America, South Africa to USA $265 $530 $384 $768 Australia, New Zealand to USA $504 $1,008 $744 $1,499 April 2021 US intermodal fuel…

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