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What’s Actually Happening with Freight Rates Right Now

In the last blog, we looked at how – with the slowing economy – retailers and shippers are decreasing their imports and expected to keep doing so in 2023. As discussed, that should mean [...]

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Shippers Beg Biden to Help Make ILWU Contract Negotiations Go Smoothly

As the expiration of the International Longshore & Warehouse Union (ILWU) quickly approaches, shippers are getting more and more anxious about the potential of contentious negotiations throwing [...]

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Record Imports & No More Overcapacity – Are We Really Seeing a “New Normal” in International Shipping?

As the Ports of Los Angeles and Long Beach hit record volumes of imports for March and freight rates reached a new peak, experts are telling us that the days of overcapacity, and the lower [...]

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US Ag Exporters Urge President Biden Take Action Against Ocean Freight Carriers’ Practices

71 U.S. agricultural industry groups teamed up to write a letter to President Biden, informing him of the injury ocean freight carriers are doing to US agriculture, food, and forestry product [...]

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2020 Is Great Year for Ocean Carriers as Freight Rates Break Records

How about a positive headline for 2020? It's a great year for ocean freight carriers in the international shipping industry. Transpacific cargo volume continues to surge here in the peak season, [...]

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