Ardent Global Logistics

This has been a big week. ILA striking throughout the East and Gulf Coasts, Montreal port strikes, rail and road disruption by Hurricane Helene, dwindling airfreight capacity- recent events are posing significant challenges for businesses and consumers alike. As always, we will strive to keep you up to date on the most important stories as they come in so you can adapt accordingly. In uncertain times, agility is key. Looking for a global shipping partner? Reach out to our team: https://lnkd.in/eWchF5-p 1 - US dockworkers strike, halting half the nation's ocean shipping - https://lnkd.in/ed5NgvUD 2 - NS rail lines from Georgia to West Virginia still down after Helene - https://lnkd.in/gbQKn9VU 3 - Montreal port users not expecting quick intervention if strikes continue - https://lnkd.in/ecfyGHHC 4 - Hurricane Helene to tighten truckload capacity beyond US Southeast - https://lnkd.in/egmdwF7D 5 - Forwarder concern grows over port strike amid a scramble for dwindling airfreight capacity - https://lnkd.in/ev7EbS3k Read the full summaries on the Ardent blog: https://lnkd.in/ebvJkDst

The ILA strike presents significant risks to the US and global economies. While West Coast ports may alleviate some pressure, the combination of foreign labor disputes, recent natural disasters, and ongoing geopolitical tensions means the path to recovery may become long and fraught with challenges. Both sides must come to an agreement soon, or the economic fallout will only intensify. Read More: https://lnkd.in/e4AwgT-T

With the threat of a US East and Gulf Coast port strike, shipping carriers are implementing contingency plans, including halting inland cargo movement and imposing surcharges to cover disruption costs. Rates are expected to rise in 2025, as the strike and geopolitical instability strain global supply chains. Carriers are urging shippers to plan ahead, while many have already put alternative routes and strategies in place to mitigate potential impacts.   Welcome back to the Weekly Roundup, providing concise summaries of the week's top stories. Looking for a global shipping partner? Reach out to our team: https://lnkd.in/eWchF5-p   1 - Asia-US East Coast spot rates plummet amid strike threat cargo diversions - https://lnkd.in/gzwMJEsJ   2 - Montreal dockworkers to take strike vote as contract talks continue - https://lnkd.in/gkNDEsJK   3 - Transpacific newbies add capacity as demand for express services grows - https://lnkd.in/gRZhD-HP   4 - Evergreen chief says transpac contract rates will rise in 2025 - https://lnkd.in/e5-N9Tn6   5 - US east coast carriers and rail operators introduce pre-strike restrictions - https://lnkd.in/esFwAj6F   Read the full summaries on the Ardent blog: https://lnkd.in/gCha2_u8

A potential strike by the ILA threatens to disrupt US East and Gulf Coast ports as negotiations with the USMX remain stalled and the US government declines to intervene. While railroads and ocean carriers are preparing for possible disruptions, significant impacts on container operations and supply chains are expected if no agreement is reached, with businesses already diverting shipments to the West Coast and exploring contingency plans. Looking for a global shipping partner? Reach out to our team: https://lnkd.in/eWchF5-p 1 - Intra-Asia rates weaken again; Drewry launches new container index - https://lnkd.in/eQTzQmqQ 2 - Port of Long Beach Sees Highest Ever Cargo Volumes for Single Month - https://lnkd.in/eQEAgWui 3 - White House rejects plea to use legal powers to prevent USEC port strike - https://lnkd.in/eV8S_vzV 4 - Railroads say able to handle disruption from possible ILA port strike - https://lnkd.in/eW9rguj8 5 - Maritime employers prep for wind-down of operations as longshore strike looms - https://lnkd.in/eUf-5Asr Read on the Ardent blog: https://lnkd.in/emTFUTGr

Several key shipping alliances are forming ahead of 2025, with ZIM partnering with MSC for services between Asia and the US, and Maersk teaming up with Hapag-Lloyd in the Gemini vessel-sharing agreement. Both partnerships focus on expanding routes and improving efficiency, with ZIM emphasizing eco-friendly vessels. Meanwhile, shippers are preparing contingency plans as tensions between the International Longshoremen’s Association and terminal operators could lead to potential strikes at US East and Gulf Coast ports. Looking for a global shipping partner? Reach out to our team: https://lnkd.in/eWchF5-p 1 - HMM, ONE and Yang Ming form Premier Alliance - https://lnkd.in/drDA-zWW 2 - ILA locals prepping for coordinated strike at US East, Gulf coast ports - https://lnkd.in/egXA254C 3 - Shippers seek alternatives as east coast port strike looms - https://lnkd.in/eR2PQ_TH 4 - FMC won’t block Gemini alliance, but vows tight monitoring - https://lnkd.in/eq2fCSvC 5 - ZIM and MSC announce new cooperation in Transpacific trade - https://lnkd.in/dcMfifaJ Read on the Ardent blog: https://lnkd.in/esgnFvpH

In August, transportation capacity expanded while price growth slowed, indicating a modest recovery in the logistics industry, with inventory levels rising as firms prepare for Q4. Extreme weather and flooding in the Indian subcontinent have severely disrupted container flows, particularly at major ports like Mundra and Chittagong. Meanwhile, the Teamsters Canada Rail Conference is legally challenging a government-imposed binding arbitration order that ended a brief lockout, arguing it undermines their right to collective bargaining. Looking for a global shipping partner? Reach out to our team: https://lnkd.in/eWchF5-p 1 - MSC vessel loses 46 boxes overboard off South Africa, following two CMA CGM ship incidents - https://lnkd.in/eQ2JRb6M 2 - Warning to forwarders as US mulls duty waiver on cheaper imports - https://lnkd.in/eNQW54MA 3 - New warning as cargo crime surges across North America - https://lnkd.in/ezpZu56z 4 - Severe rainstorms swamp India’s container supply chains - https://lnkd.in/eT6Cb6BY 5 - Teamsters Canada railroad workers appeal binding arbitration order - https://lnkd.in/gTSBrZdt 6 - Transportation capacity steps higher in August, survey shows - https://lnkd.in/eAYTczTv Read on the Ardent blog: https://lnkd.in/eYcA2DTz

Today we reflect on the dedication of our maritime workers in maintaining the flow of critical resources around the globe. Thank you for your tireless efforts in keeping the world connected! Enjoy your day of well-deserved rest and relaxation. #LaborDay #MaritimeWorkers #PortWorkers #SupplyChain

Labor unrest once again takes center stage as some worker disputes are resolved, such as in India, while others continue to escalate, such as in Germany. Despite resuming operations on Monday, the Teamsters Canada Rail Conference plan to appeal the binding arbitration decision in federal court. Meanwhile, a surge in imports at the Port of LA and Port of Long Beach have resulted in longer rail dwell times with concern over further delays in the coming peak season. Looking for a global shipping partner? Reach out to us: https://lnkd.in/eWchF5-p 1 - Threat of more strikes at German ports as workers reject 'inadequate' offer - https://lnkd.in/eG2ysJZv 2 - Capacity boost on trans-Pacific pushes carriers to compete for cargo - https://lnkd.in/eZR5vaZr 3 - Indian port workers call off strike, agree new wage deal - https://lnkd.in/g8h7xEVa 4 - Labor board orders Canada’s railroads to resume operations Monday - https://lnkd.in/gVxpv__3 5 - LA-LB rail dwells on the rise as port complex enters height of peak season - https://lnkd.in/g75FU7NT 6 - Container manufacturers tell customers they are ‘sold out’ until mid-October - https://lnkd.in/dWD5EEDy Read on the Ardent blog: https://lnkd.in/giBG6aFc

BREAKING: Nearly 20,000 Indian port workers averted an indefinite strike after reaching a new five-year agreement, securing an 8.5% pay increase. Follow us for breaking #supplychain news and a weekly roundup of the top stories you may have missed: https://lnkd.in/endaFC-z Read more: https://lnkd.in/g8h7xEVa

For the first time, Canada's two major #freight #railroads, Canadian National and CPKC, have simultaneously paused operations due to a labor dispute involving the Teamsters union. This unprecedented #shutdown poses significant risks to both Canadian and U.S. economies, with billions of dollars worth of goods now at a standstill. This situation underscores the need for resilient #supplychains that can adapt to such disruptions. Let’s hope for a quick resolution, but in the meantime, we all need to prepare for the challenges ahead. Read more: https://lnkd.in/dm3UUUBc Looking for a seasoned supply chain partner? Reach out to us: https://lnkd.in/eWchF5-p