After a couple years of out of control, skyrocketing freight rates, ocean freight pricing finally came tumbling down. Freight rates have gone from peaks, including cargo routes getting carriers [...]
Small and medium-sized companies rely on shipping processes to send their goods to the appropriate destinations. However, current record inflation highs make these efforts more difficult for the [...]
This is a guest post by Maggie Simpson. As the backbone of the global economy, international trade has its own history and quirks. Buckle up as we get the lowdown on some of the most bizarre [...]
This is a guest post by Paul Zhang. The epidemic made the entirety of 2020 beyond all expectations. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell [...]
It looks like the practices of ocean carriers during the pandemic and the resulting record-high freight rates have caught the attention of American and Chinese maritime regulatory [...]
A month ago, Greg Miller reported in an American Shipper article that not only had freight rates finally stopped rising but they also had dropped a bit. He posed the question, "Is this a new [...]
The massive explosion at the Port of Beirut last week shined a light on a problem in international shipping that has long been hidden in the shadows. The blast – which killed 171 people and [...]
Ocean freight rates have been high in 2020. Extremely high. Ocean carriers have managed to hike freight rates in the middle of a global crisis when demand has been lower than normal by [...]
This is a guest post by David Madden. Few things will disrupt your supply chain operations like a global pandemic. Unlike a natural disaster and other public health emergencies, pandemics are [...]
A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as much as $23 billion in 2020 to looking like [...]
Ocean freight carriers are supposed to lose billions of dollars in 2020, right? Wrong. They're going to make billions. Probably. As long as things continue the way they're going. Wait. [...]
With the first half of 2020 marked by COVID-19 shutdowns around the world, first in China and eventually in the U.S., ocean carriers' biggest strategy for dealing with decreased shipping demand [...]
This is a guest post by Derek Jones. Toilet paper hardly makes the news. But save for handwash and hand sanitizer, no other commercial product better signifies the degree of anxiety the [...]
From when the novel coronavirus outbreak in China first started registering in international shipping news, stories have been published about how ocean freight carriers could or would lose [...]
With the rise of a global pandemic, the world economies are on the verge of fall. By the world economy, we mean the countries that are major contributors to it. The United States is one of [...]
You won't find a more complete roundup of how the coronavirus pandemic is affecting international shipping, specifically the ocean freight sector, right now than this blog post here. This [...]
This is a guest post by Jake Rheude. The World Health Organization on Wednesday declared the rapidly spreading coronavirus outbreak a pandemic, striking more fear into the heart of people [...]
2020's international shipping news cycle so far has been an exercise in good news, bad news. To get at what I'm talking about, let me introduce you to a fun book by Jeff Mack I read [...]
This is a guest post by Cory Levins. Food shipped internationally by sea and air across countries and continents is the most cost-effective way to transport consumable products. Frozen storage [...]
Peter Tirschwell, in a Journal of Commerce (JOC) article, says the coronavirus outbreak is causing disruption "on a scale that has yet to be seen in container shipping’s more than 60-year [...]
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