Trade Talk

April 8, 2026

Stranded cargo, soaring costs, and shipping through the storm/
A freight forwarder’s guide to keeping calm in a crisis

Stranded cargo, soaring costs, and shipping through the storm: Stranded cargo, soaring costs, and shipping through the storm / A freight forwarder’s guide to keeping calm in a crisis

Luke Wilkinson

Head Writer

At a glance



Hi Steven, it’s great to see you again, and it’s a pleasure to meet you, Trond! Let’s start with how your companies have joined together — Fr. Meyer’s Sohn (FMS Logistics) acquired CFT Corp back in February. What was the thinking behind the merger?


Steven Pocklington
: Over the many years of managing pulses out of Canada and the US, I've seen the pulse industry grow to become such a global player, and I always thought it would be nice to one day talk shop on a global basis instead of just regionally in North America 

Joining up with a company like FMS that is export-driven and now focused on grains and specialty crops in containers seemed like an ideal fit for that goal, and I think the timing has been perfect.

READ THE FULL ARTICLE

Half a million TEUs have been affected by the closure of the Strait of Hormuz — approx 4% of global capacity. 

Current contracts with US port workers should keep labor negotiations at bay until 2028.

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