Massive Looming Canadian Rail Shutdown Could Have Economic Ripple Effects Throughout USA
CNN ~ August 19, 2024 Canada’s freight rail network could come to a grinding halt this week, inflicting a huge economic toll after the country’s two largest railroad operators on Sunday issued lockout notices to the Teamsters union that represents nearly 10,000 workers. Failing last-minute deals, both Canadian National (“CN”) Railway and Canadian Pacific Kansas City (“CPKC”) plan to lock...
ILA President Warns of October Strike at Atlantic and Gulf Coast Ports
(ILA.com) The leader of the International Longshoremen’s Association (ILA) said the threat of a strike at all Atlantic and Gulf Coast Ports is becoming more likely as time is growing short before the current contract expires in 80 days, on 30 September 2024. Harold J. Daggett, ILA President and the union’s Chief Negotiator, said that the employers represented by United...
2024 The Year of the Dragon
Dear Clients, Colleagues and Friends, both near and far, On behalf of Speedmark Transportation, we wish you and your families a Healthy, Happy and Prosperous Lunar New Year! February 10, 2024 will welcome The Year of The Dragon! The Dragon is the only animal in the Chinese Zodiac that is a mythical creature. It is truly special. In the Chinese...
Panama Canal to Reduce Daily Ship Crossings; More Delays Expected
PANAMA CITY, Oct 31 (Reuters) – The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal said late on Monday, increasing shipping costs. Booking slots will be cut to 25 per day starting November 3 from an already reduced 31 per day,...