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The facility is unable to support the scale and technology required for the sporting apparel company’s long-term goals, a spokesperson said.

A series of freight-all-kinds increases since Oct. 1 has held up the spot market on the trade, with carriers aiming to sustain the pricing momentum through fourth-quarter contract talks.

Flight operations have returned to normal after the agency terminated an order to reduce activity by up to 10% earlier this month.

The conclusion of Montreal’s long-running labor dispute with its longshore union will coincide with expiring contracts at other East Coast ports.

A surge in replenishment activity in the US could turbocharge container shipping demand, while a wholesale return of container ships to Red Sea and Suez Canal transits would have a far-reaching market impact, speakers on a panel sponsored by the carrier said Wednesday.

As a result of that heightened overcapacity, spot rates on the trade lane are at their lowest since February while exports to the US East Coast fell sharply in October.

The delivery giant is targeting full U.S. implementation for the wide-ranging overhaul by the end of 2027.

The brand manufacturer aimed to get ahead of potential problems by adding 1.5 weeks of inventory at retailers, which normally hold four weeks’ worth of goods.

The carrier’s first direct service to Halifax comes as Canada looks to pivot its trade networks and as low water levels affect Montreal’s container business.

The consortium of nine liner carriers has launched its first product to facilitate the adoption of electronic bills of lading and other digital standards it is developing.