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2 Major Factors to Affect Freight Rates in 2020

Freight rates in the international shipping industry are always volatile, especially for small to medium shippers who play the spot market for their import and export pricing. There are many [...]

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How Is IMO 2020 Launch Going?

IMO 2020 went into effect on January 1st, requiring sea vessels, including container ships, to abide by a 0.5% sulfur cap on fuel or use scrubbers (systems that clean fuel in engines) in order to [...]

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How Does the Chinese Spring Festival Holiday Affect the International Logistics Industry?

This is a guest post by David Fan. Background Chinese New Year, also known as Spring Festival or Lunar New Year, is the grandest festival in China with a statutory 7-day long holiday. [...]

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Shippers Can Take Advantage of Falling Freight Rates This “Peak Season”

Normally, freight rates increase this time of year during international shipping's peak season when shippers are importing more goods than usual to stock up for the big holiday shopping season. [...]

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Will IMO 2020 Have a Grace Period on Implementation?

In only 5 months, starting on January 1st, 2020, cargo ships have to meet the International Maritime Organization's (IMO) new 0.5% sulfur cap on fuel known as IMO 2020. [...]

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How can smart containers help shipping companies?

This is a guest post by David Fan. According to reports: Danish shipping major A.P. Moller – Maersk has decided to join its counterparts CMA CGM and the Mediterranean Shipping Company (MSC) as [...]

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Could Cargo Ships Get a Speed Limit?

One of the biggest issues of our time is global warming. The ocean freight sector of the international shipping industry, in particular, faces an incredible challenge of reducing its greenhouse [...]

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Freight Rates Increase with Carrier GRIs After Slump

Two weeks ago, when this blog last checked in on freight rates, they were falling. Massively. This week, transpacific freight rates rise significantly with a wave of General Rate Increases (GRI), [...]

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You Won’t Believe How Pathetic This Ocean Freight Headline Is

Hyundai Merchant Marine (HMM) made headlines this week for doing something all businesses should do — focusing on customers. Correction: HMM made headlines for saying it would focus on [...]

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DOJ Antitrust Probe of Ocean Freight Carriers Is Over

A couple years ago in San Francisco, the world's major ocean freight carriers were holding a biannual Box Club meeting when the U.S. Department of Justice (DOJ) burst in on them with a raiding [...]