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Market Updates: November 19th, 2024

Domestic Market Updates – [Labor] Work Stoppage ENDS at Major Canadian Ports: After a 10-day work stoppage, the Canadian government has instructed the Canada Industrial Relations Board (CIRB) to mandate the unions to return to work and enforce final, binding arbitration. It is anticipated that

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Market Updates: November 12th, 2024

Domestic Market Updates – [Labor] Work stoppage at Canada ports: Vancouver/Prince Rupert – Current work stoppage at the port began on Nov. 4th, and according to a Nov. 7th press release, the union and the BCMEA were scheduled to meet on Saturday, Nov. 9th. Ports that are

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Market Updates: November 5th, 2024

Domestic Market Updates – Diesel Update: The average price of diesel decreased by 3.7 cents a gallon, putting the average price of diesel per gallon at $3.536 , per the U.S. EIA. [Labor] Canada: Vancouver/Prince Rupert – the ILWU Local 514 issued a 72-hour strike notice last

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Market Updates: October 29th, 2024

Domestic Market Updates – [Labor] Port of Montreal: On Sunday, October 27th, the dockworkers went on a one-day port strike that ended early morning on Monday, the 28th. Those workers held off of any work at all of the port’s container and dry bulk terminals

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