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Canadian Government Intervenes
in Rail Stoppage, Proposed Strike in India
& Ocean Shipping Delays Worsen in 2024
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Canadian Government Steps In
OTTAWA, Aug 22 (Reuters) – The Canadian government moved quickly on Thursday to end an unprecedented rail stoppage the same day it began, announcing it would send the matter to binding arbitration.
Canada’s top two railroads had locked out more than 9,000 unionized workers, triggering a simultaneous rail stoppage that business groups said could inflict hundreds of millions of dollars in economic damage.
Labour Minister Steven MacKinnon told reporters he was acting “in order to ensure that the activities of both of these rail companies immediately resume”.
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Proposed Strike in India
Please find below an update on the proposed strike by port workers at major ports in India, scheduled to begin on August 28th, 2024. The affected ports include Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (V.O. Chidambaranar), Visakhapatnam, Paradip, Kolkata (including Haldia), and Jawaharlal Nehru Port (JNPT). Dry bulk vessel operations and cargo movement at adjacent berths will be the first to be impacted.
Please note that private terminals, including those operated by JSW and Adani at Kattupalli, Gangavaram, Ennore, Visakhapatnam, Dhamra, Paradip, Goa, and New Mangalore, will not be affected and will continue to operate as usual.
Additionally, on August 26th, a meeting will be held at Nhava Sheva. Following this meeting, the Nhava Sheva Terminal will decide whether to support the strike.
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Delays in Ocean Shipping Worse in 2024 than 2023
(excerpted from container-news.com)
In May 2024, global schedule reliability saw a month-over-month increase of 3.8 percentage points, reaching 55.8%. This marks the highest reliability figure for 2024, surpassing the previous peak of 54.6% by 1.2 percentage points. However, compared to May 2023, schedule reliability was down by 11 percentage points (emphasis added).
Despite this improvement, the average delay for vessels arriving late worsened, rising by 0.34 days month-over-month to 5.10 days. This figure now approaches levels seen during the pandemic peak rather than the lower delays seen before the pandemic. Year-over-year, the delay in May 2024 was 0.73 days longer.
On a year-to-year level, none of the 13 carriers recorded an increase in schedule reliability, with eight carriers recording double-digit year-to-year declines, according to the analysis.
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