Shipping and Logistics
St. Lawrence Seaway Reopening After Tentative Labor Pact Is Reached
Written by Laura Miller
October 30, 2023
The St. Lawrence Seaway is reopening after a tentative agreement has been reached between striking Unifor members and the St. Lawrence Seaway Management Corp. (SLSMC).
Canadian union Unifor announced the tentative agreement on Sunday, Oct. 29, noting that it was reached during negotiations mediated by Canada’s federal government.
The 360 SLSMC employees represented by Unifor must still ratify the agreement. A vote is being scheduled for the coming days, the union said.
The strike against the SLSMC began on Oct. 22. It shut down the lock system managed by SLSMC between Montreal, Quebec, and Lake Erie.
The SLSMC said in a statement sent to SMU that it has begun to implement its recovery program and “will start passing ships progressively as of Monday, Oct. 30, with the return-to-work of employees at 7:00 a.m.”
“We know that this strike has not been easy for anyone, and value the patience and cooperation of our marine industry bi-national partners; carriers, shippers, ports, local communities, and all those who depend on this vital transportation corridor on both sides of the Canada-US border,” said Terence Bowles, SLSMC president and CEO.
Laura Miller
Read more from Laura MillerLatest in Shipping and Logistics
US-flagged ore shipments on Great Lakes down in 2024
The Lake Carriers’ Association reported a 4.5% y/y decline in December’s ore shipments of 4.6 million short tons.
ILA, port operators reach tentative deal to avoid strike
Both sides had agreed to extend the current contract to Jan. 15 to continue talks
Wittbecker: Challenges ahead for container freight in 2025
In 2024, volatility with a capital “V” has been the rule. That will remain high heading into 2025.
Reibus: November flatbed rates cool after October bump
Following the short-lived East Coast port labor strike in October, we now turn toward the Jan. 15 deadline to reach a long-term agreement.
Reibus: Flatbed, dry van rates ticked up post-hurricanes
After closing the third quarter -3.84% on a y/y basis, our first look at fourth-quarter flatbed spot rates puts us virtually flat y/y, coming in at -0.68%.