COMPANY NEWS

Federal government to release new budget on Tuesday

March 18, 2019 – Canadian Prime Minister Justin Trudeau looks to shift the narrative on the recent SNC Lavalin scandal engulfing his government as the Liberals plan to release a highly anticipated federal budget on Tuesday.

Canadians’ broad fear of a declining economy has splintered into many forms, according to a new Angus Reid Institute public poll. When respondents were asked earlier this month to choose the two most important national issues, health care was the most common answer at 23 per cent, followed by the environment, income inequality, corruption, government spending, housing affordability, the economy, energy, immigration and finally taxes, which polled at 10 per cent.

A poll that was conducted in early 2016, as the federal Liberals prepared their first budget, showed that Canadians ruled the economy the most important issue. Jobs ranked second.

But that doesn’t indicate an end to Canadians’ anxiety. Four-in-10 respondents expect the economy to worsen over the next year. Fifty-five per cent say it’s not a good time to make a big-ticket purchase. Nearly half of respondents were worried that someone in their household could lose their job because of the economy.

The budget is expected to address pharmacare, specific jobs training and potentially housing.

Source : The Toronto Star

New Zealand Mosque Shooting statement

March 15, 2019 – Our thoughts and prayers are with those who lost their lives or were injured in today’s terrorist shooting in Christchurch.

Yantian Express General Average claims continue

March 11, 2019 – As previously reported, Hapag Lloyd’s Yantian Express’ fire while en route to North America now continues as a legal saga. Since General Average was declared in late January, Canaan Transport has been assisting its clients that had containers and cargo on board this vessel. Claims are continuing to be processed and any parties that have cargo on this vessel that were not contracted with Canaan Transport are urged to contact Richards Hogg Lindley, the official appointed Adjuster for this vessel.

Ethiopian Airlines disaster statement

March 10, 2019 – Canaan Transport mourns the loss of Ethiopian Airlines ET302 and our thoughts are with the family and loved ones of those who perished.

Higher monetary penalties on the horizon for trade non compliance effective April 1, 2019

March 4, 2019 – The CBSA plans to increase Administrative Monetary Penalties (AMPs) for trade non-compliance in spring 2019. These changes will be effective April 1. This follows criticism from the Auditor General of Canada in his 2017 Audit of Customs Duties that the CBSA’s AMPs are too low to improve compliance with trade programs. The CBSA had initially intended to complete its AMPs review and implement changes by June 2018, but extended the period to allow for thorough consultations and the submission of a public report to the House of Commons Public Accounts Committee. A Customs Notice with details of the changes will be published on the CBSA website this week to give time to prepare for the April 1st implementation date. To ease the transition to the new penalty structure, the CBSA will reset the penalty level to the first level for all existing contraventions importers may have. This is to avoid unanticipated impacts on industry that could occur by issuing second- and third-level penalties at higher levels than previously indicated. The maximum AMP of $25,000 will remain unchanged

US Delays additional tariffs

February 28, 2019 – The pending March 1st deadline for additional tariffs on Chinese made imports into the USA has been temporarily delayed as trade talks continue. More news as it develops.

Winter weather challenging the rail network

February 27, 2019 – Canaan Transport wishes to advise that import ocean freight containers destined for Canadian inland points that are transiting through the Port of Vancouver and Prince Rupert have been experiencing longer than normal dwell times. This is due to a number of factors, including (but not limited to), severe weather conditions, cargo volume surges, and ongoing rail car shortages. Our estimate of current dwell times at both ports are 7 to 15 days.

Quebec Spring Thaw is coming next month

February 26, 2019 – The Province of Quebec Transport Ministry is once again reminding heavy vehicle users and shippers who authorized load limits are reduced during the spring thaw period in order to take into account the weaker load bearing capacity of the road network. The forecasted spring thaw period for Zone 1 is March 11 to May 10; Zone 2 is March 18 to May 17; and Zone 3 is March 25 to May 24, 2019. The starting and ending dates of the load restriction period may be adjusted by the Ministry depending on weather conditions. The maximum cargo weight for Intra-Quebec moves during the thaw period will be:

•20’ dry container : 48,000 lbs. maximum cargo weight

•40’/ 40’HC/ 45’ dry container : 50,000 lbs. maximum cargo weight

•40’ reefer container : 48,000 lbs. maximum cargo weight

Amazon continues its march to be a 3PL provider

February 25, 2019 – Amazon continues to create headlines as New England Motor Freight (which declared bankruptcy on Feb. 11th) and XPO Logistics Inc. (which recently lost a big customer rumoured to be Amazon resulting in a US$600 million loss in revenue) have found out recently. And for most observers, the decision to terminate that much business simply confirms the long-held expectation that Amazon is ready to go head-to-head with for-hire freight carriers and third-party logistics companies and to handle more of its shipping needs in house. Amazon’s official stance is that they will continue to expand Amazon’s logistics and delivery capability because while they have great third-party partners in the transportation space, they like the ability to participate in transportation because a lot of times they can do it at the same cost or better. They can also invest selectively because they have more perfect information; they know where they’re moving things between warehouses and sort centers and by not involving third parties all the time, they can find ways to extend order cutoffs. Amazon has been working hard at developing its own capabilities to eliminate transportation brokers and middlemen whenever possible and comes as no surprise to us here at Canaan Transport. This is why we have been providing our customers with alternatives for their e-commerce fulfillment activities. Please contact us to find out more!

Port of Montreal’s congestion now reaching epic levels

February 21, 2019 – With the Port of Montreal encountering epic levels of congestion, we have now received word from Maersk and OOCL that they intend to levy a Port Congestion Surcharge for all cargo discharging and loading in Montreal. In some cases, these charges are effective immediately. Coupled with a trucker’s reservation fee a few months ago, the costs to ship containers through this gateway has increased significantly in the past year.