WEEKLY'S NEWS
TOF NEWS
— 2024.6.7—
Canada may strike in June
More than 9,000 Canada Border Services Agency (CBSA) workers have voted in favour of a strike authorization that could cause "significant disruption" to the flow of goods, services and people through Canada's ports of entry, their union said on Friday morning. Members voted 96 percent in favor of the mandate, paving the way for a possible strike in the summer. The Public Service Alliance of Canada (PSAC) represents border officers at airports, land and sea crossings, and commercial points of entry. The impact of the strike action will be mostly concentrated at Canada's busiest border crossings, including Windsor, Montreal and Vancouver.
If the strike begins in earnest, the affected ports of entry in Canada will face significant delays in customs clearance and inadequate services, which in turn will affect the timeliness of logistics.
Sea freight continue to rise
Time into June, CMA CGM, HPL, Maersk and other shipping companies have announced that from this month to collect peak season surcharges (PSS) and further increase shipping prices.
At present, even those who are willing to pay higher freight rates may not be able to book space in time, which further increases tensions in the freight market. "Now some shippers are not shipping, because the freight rate is too high, are choosing to wait and see." The person in charge of the freight forwarding company said. The recent freight rate is changeable, it is expected that the freight rate is still easy to rise and fall in the short term.
The shippers and forwarders to ship, should pay close attention to the ship's notice, communicate with customers and other timely, and make shipment plans.
Elections ended
Mexico
Claudia Shainbaum, the presidential candidate of the ruling National Renewal Movement, won the presidential election by a landslide margin of nearly 31% over second-place Galvez, becoming Mexico's first female and Jewish president.
South Africa
On the evening of June 2 local time, the Independent Electoral Commission of South Africa announced the results of the South African general election at the National counting Center in Johannesburg. This is South Africa's seventh general election since the end of apartheid in 1994. The results also mean that the African National Congress (ANC) has lost its majority in parliament for the first time after 30 years in power.
Under South Africa's constitution, the ANC is required to open talks with potential coalition partners and reach a coalition agreement before parliament opens. This process is expected to be completed in the next two weeks, when the formation of a coalition government will be formally announced.
India
Indian Prime Minister Narendra Modi has declared the National Democratic Alliance, led by the ruling Bharatiya Janata Party, the winner of the country's general election. According to the final tally of the 18th election of the Indian Lok Sabha (the lower house of parliament) announced by the Indian Election Commission on the morning of the 5th, the National Democratic Alliance led by the ruling Bharatiya Janata Party won more than half of the seats.
Modi became the first Indian Prime minister to be re-elected for three terms after the founding Prime Minister Jawaharlal Nehru.
Nigerian ports shut down
Labour groups comprising the Nigerian Labour Congress (NLC) and the Nigerian Trade Union Congress (TUC) have declared an indefinite strike from June 3, 2024. Subsequently, the Maritime Workers Union of Nigeria (MWUN) revealed that it had closed the port terminal in response to the indefinite strike action announced by the Labour organisation.
According to local Nigerian media reports, the strike affected Lagos, Port Harcourt, Warri, Onne and Calabar. The timeline for negotiations and the resumption of operations was not immediately clear.
