In this week’s Roar: bad news for U.S. port negotiations and Canadian rail workers, global air cargo flies high, U.S. port performance is strong, and the Port of Long Beach is investing in sustainability. The International Longshoremen’s Association (ILA), the union representing dockworkers on the East Coast and Gulf Coast ports, suspended talks with the United States Maritime Alliance (USMX) over a new labor contract. This comes after they discovered APM Terminals, a subsidiary of Maersk, was using automated technology at terminals—without...

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Key Features and Developments in This Report Celebrating Asian American and Pacific Islander Heritage Month In a compelling interview, Wilson Sonsini partner Salil Gandhi talks with Notable’s Robin Li. They delve into the influence of Li's identity and personal experiences on her career trajectory and explore the changing landscape of Asian American & Pacific Islander representation in the tech and venture capital sectors.   Valuations Show Mixed Signs of Recovery Early 2024 saw mixed signals in early-stage valuations, following notable highs in the previous...

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In this week’s Roar: Container shortages in China, a soft U.S. truck market, the new tribunal for the Law of the Sea, the EU is embracing nearshoring, and key logistics trends for 2024. Strong market demand and reduced vessel capacity due to the Red Sea crisis are resulting in container shortages at many Chinese ports. Forwarders are reporting an ongoing scramble for containers, with many carriers facing delays and equipment shortages. Waiting times at ports have gone up to 3...

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Following an order by the U.S. Securities and Exchange Commission (SEC) implementing a stay of its final climate disclosure rules pending review of legal challenges to such rules in the U.S. Court of Appeals for the Eighth Circuit, many companies are reassessing their climate disclosure timelines and the underlying processes and systems that will be required to comply with the mandatory sustainability reporting frameworks applicable to them, particularly if litigation related to the SEC’s climate disclosure rules extends over...

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In the Québec Budget Plan published in late March 2024, the government is prioritizing funding for health and education services. It is strengthening its support for Quebecers and communities, and acting on economic priorities while taking steps to optimize government action. It is presenting a fair and transparent portrait of the state of public finances and reiterating its firm commitment to restoring fiscal balance after deposits in the Generations Fund. A plan will be tabled when Budget 2025-2026 is released,...

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On March 7, 2024, the European Court of Justice (CJEU) issued a landmark ruling on digital advertising and the concepts of personal data and joint controllership under the General Data Protection Regulation (GDPR). The CJEU held that i) character strings used to express users’ preferences collected via the Transparency and Consent Framework (TCF) of Interactive Advertising Bureau Europe (IAB) constitute personal data under the GDPR and ii) IAB acts as a joint controller with TCF participants for the processing of users’ preferences....

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