Trans American

The global container volume forecast for 2017 was revised and increased due to a strong first quarter. Analysts adjusted the worldwide port throughput growth to 4.6 percent; earlier projections were 2 to 3 percent.  The increased demand is good news for ocean carriers suffering from overcapacity but the surplus of container space is still an… Read more : Global Ocean Carrier Capacity

The Canadian Senate voted earlier this month in favor to implement the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union (EU). The European Parliament had previously  voted in February to authorize the provisional application of CETA.  Canadian and EU officials are working on the regulations needed to allow CETA to be… Read more : Canada – European Union Free Trade Agreement Approved by Canadian Senate

Beneficial cargo owners that utilize the Canadian National Railway were prepared for delays as the union representing conductors and yard workers announced a strike that was to begin on Tuesday, May 30, 2017. The strike was in response to the railroad seeking concessions from union members even though the railroad has posted yearly profits.  The… Read more : CN Rail Avoids Strike

Acting U.S. Customs Commissioner Kevin McAleenan while speaking at the May 24 West Coast Trade Symposium, said that U.S. Customs would like to see enhanced trade enforcement provisions, modernized rules of origin, and the ability to collaborate on trade facilitation issues in any U.S. NAFTA negotiations with Canada and Mexico. This document is CONFIDENTIAL and… Read more : U.S. Customs Commissioner Kevin McAleenan Comments on NAFTA Negotiations