Global shipping was just starting to recover from the chaos of the pandemic. Now port congestion and delays are back and could be around for a while. COVID lockdowns in China have wreaked havoc at Shanghai, the world's biggest container port, and are now causing problems at other major ports around the world.
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In The News
'Extreme' supply chain snafus hit lumber industry, forcing output curbs as prices hover near record
April 4, 2022
The strangest lumber market in memory keeps getting stranger.
U.S. won't stand for border blockades becoming normalized
February 16, 2022
It's a pivotal moment for the auto sector, and U.S. politicians want an excuse to 'Buy American'
Canada's economy has billions of reasons to hope that recent border blockades get quickly forgotten as a fleeting phenomenon by decision-makers in the United States.
How the Ambassador Bridge protest could tighten the supply-chain chokehold
February 9, 2022
Almost 20% of Canada-U.S. trade moves across this 'vital artery of supply' that has been closed since Monday
Protesters in Windsor, Ont., began blocking the Ambassador Bridge Monday evening, a trade route that Emergency Preparedness Minister Bill Blair called “a vital artery of supply for the province of Ontario.”
Canada loses 200,000 jobs, nearly double the blow economists expected
February 5, 2022
Statistics Canada’s January Labour Force Survey found that hours worked dropped 2.2 per cent from December, when hours had returned to pre-pandemic levels. A decline in economic activity of that size will interrupt the momentum the economy had built over the latter half of 2021...