Port workers in Canada have been on strike since November 15. Project44 has been closely watching the impact of the strikes and compiled a report on the findings.
Shippers are facing significant peak season challenges in Canada, where the ongoing Canada Post strike is causing delays and impacting on-time delivery performance. While the overall market is experiencing a typical surge in demand, Canadian shipments have been especially affected due to limited carrier options and the dominance of Canada Post in the parcel shipping market.
Shippers now face tough decisions between cost and delivery time, as alternatives like UPS come with higher costs. To navigate these disruptions, companies must stay vigilant and adjust their strategies to ensure timely deliveries during this critical period.
Key Takeaways:
- The Canadian market on-time performance is 8% lower than the overall market and has dropped by 14% over the past month.
- Carrier diversification is 60% lower in Canada compared to the overall market, meaning Canadian shippers have more limited shipping networks and fewer options during disruptions.
- Other last mile shipping companies like UPS can cost 40% more than the Canada Post charges for the same service.
