Logistics Recap
July 2nd – July 8th
ZTruck transportation fluctuates
Total jobs in June in the truck transportation sector declined by 200 jobs from May, according to the BLS, coming in at 1,609,700 jobs on a seasonally adjusted basis. But that decrease came against an adjusted figure for May, which was an increase of 700 jobs from the initial May employment report. April jobs were revised upward by 100 jobs.
The end result is that the latest figure for June is 1,000 jobs more than the revised April figure. But it’s still down from the first month of the year.
Strike hits Canada’s West Coast ports
Container terminals at Canada’s West Coast ports are at a standstill after the International Longshore and Warehouse Union Canada and the British Columbia Maritime Employers Association reached an impasse in negotiations, leading the union to strike on July 1.
More than six days into the strike, the two parties are still at an impasse on certain contract terms, dashing hopes for a quick resolution. Now, business leaders, politicians and analysts are watching the situation closely, asking: How did we get here? How could the strike end? And what effects could the work action have on supply chains?
Read More Here Supply Chain Dive
IMO agrees to moving up goal of zero greenhouse gas emissions
The IMO is finding it tough to set greenhouse gas emissions that everyone can agree on. The International Maritime Organization’s (IMO’s) member states recently agreed to move up their goal of reaching net-zero greenhouse gas (GHG) emissions by or around 2050. But the IMO faces a “divide in the sector” between nations that are looking for tough targets, and other countries that seem unwilling to make a quicker transition away from fossil fuels, according to The Wall Street Journal.