As ocean rates start to slump, carriers are pulling out the blank sailings trick to try and adjust the capacity available to match the decreasing demand. After the explosive profits around the pandemic, ocean carriers are laser-focused on preventing...
The Port of Virginia has set another record for its most productive July ever. Coming in at 318,000 TEUs in July, the port moved over 24,500 TEUs more than July of 2021, an increase of 8.4%. As the fourth...
Air freight rates rise again with the Ukraine invasion by Russia, but that’s to be expected. As the air freight market becomes increasingly paralyzed and expensive, more air lines are suspending flights, but not just to Russia; Korea, China,...
Nothing’s a bigger head scratcher this week for BCO’s and shippers at the TPM22 conference in Long Beach, than why ocean carriers decided to deploy bigger ships without consulting hub ports on if they could even handle them in...
With the seasonal hurricane forecast coming in hot and heavy many suppliers and shippers are working to mitigate closures that can happen if a strong storm threatens the U.S. coastline. Strong storms might be a misnomer, though as many...
Intermodal congestion in Southern California climbed to unprecedented levels in recent days as equipment shortages, workforce reductions, and with more demand for ocean imports from Asia via the U.S. West Coast causes another cargo delay on top of this....
The adage, anything that can go wrong, will go wrong is working overtime when it comes to port congestion in China. Because of huge demand, bad weather and COVID-19 health concerns impacting the number of people working in close...
There’s a lot of news circulating about upcoming new tariffs, expiring tariffs and possible tariffs that might impact U.S. importers, especially if you’re bringing in cargo from the E.U. or China. Tariffs on imports from the E.U. stem from...
Blanked and canceled sailings have left ports around the world empty of vessels and loaded with cargo awaiting transportation since the Chinese Lunar New Year shutdown was exacerbated by the COVID-19 global pandemic. The issues that arose from dealing...
More information comes in every day regarding the Coronavirus outbreak in China. Cases have found their way to various other cities around the world and the WHO has declared the official name to be COVID-19. The impact on the...
