TAWB rates have stabilized below pre-pandemic levels, while TPEB capacity slips to 514k TEU. CPKC adds 1,000 refrigerated containers to its intermodal network, and South American eastbound vessel utilization picks up ahead of peak season.
ILWU Canada ratifies new deal, clearing port backlogs. Tropical Storm Khanun threatens Busan operations Aug 9–11, while carriers roll out GRIs across all ocean lanes on Aug 15.
A third ILWU Canada tentative agreement is up for vote, Panama Canal capacity drops to ~32 vessels/day, LA ports close August 3, and Typhoon Khanun threatens East Asia port operations.
ILWU Canada members vote on a tentative contract, Panama Canal surcharges take effect Aug 1, and Turkish air freight demand is running high. Indian Subcontinent air, ocean, and trucking remain stable.
Vancouver and Prince Rupert port strikes have resumed after ILWU-BCMEA talks collapsed again. Carriers are also adding Panama Canal surcharges, IMO 2023 is trimming ocean capacity, and LATAM rates are softening amid excess supply.
B.C. dock workers enter a second strike week, while soft TPEB rates offer opportunity and LATAM, FEWB, and transatlantic air markets cool amid inflation, oversupply, and seasonal slowdowns.
Carriers are blanking sailings to curb rate drops on transpacific routes, while Asia-EU air rates rebound after a May low. U.S. trucking stays fluid, though B.C. port labor actions and Alberta wildfires are worth watching.
Labor disruptions at Le Havre and Fos-sur-Mer have eased, while Taiwan's semiconductor sector eyes Philippine expansion on AI-driven chip demand. U.S.-Mexico border shipments need 5–7 days' advance booking.