Archive: May 2024
May 28, 2024
Key Baltimore Channel Expected to Open in Early June
The main shipping channel near the site where the Francis Scott Key Bridge collapsed should be restored by the second week of June, the U.S. Army Corps of Engineers said Friday (source: Baltimore Banner).
READ MORE >May 23, 2024
Panama Canal Crossings Resume, Full Normalization Still Pending
Liner services impacted by recent restrictions on Panama Canal transits have returned to regular operation this month. While the situation at the Panama Canal is improving, it will take more time and adjustments, including lifting draught restrictions, for full normalization…
READ MORE >May 23, 2024
Canadian Shippers Await Government Decision as Strike Negotiations Derail
The Teamsters Canada Rail Conference (TCRC) union began bargaining earlier this month with rail operators Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) after the parties’ collective agreement expired last December. The union has vowed to strike at…
READ MORE >May 21, 2024
Dali Moved, Progress Made Toward Reopening Port of Baltimore
The successful mission to transport the containership Dali away from the wreckage of the Key Bridge represents a major step forward to fully reopen the Port of Baltimore by the end of the month (source: NBC4 Washington).
READ MORE >May 20, 2024
Updated UFLPA Entity List Available
The U.S. Department of Homeland Security (DHS) has announced an updated Uyghur Forced Labor Prevention Act (UFLPA) Entity List, a list of entities that use forced labor. DHS states that it remains steadfast in its duty to address the global…
READ MORE >May 16, 2024
Your Guide to Incoterms
International commercial terms, popularly Incoterms, are globally recognized conditions that clarify buyers' and sellers' obligations in foreign trade. These terms standardize and minimize ambiguity in international trade agreements and eliminate…
READ MORE >May 9, 2024
Officials to Use Explosives to Free Ship from Key Bridge Wreckage
Crews in Baltimore are preparing to use precision explosive charges to free the Dali container ship from underneath wreckage of the Francis Scott Key Bridge. Officials have deemed it safe for the ship's crew to remain on board and shelter…
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