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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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Trade Deal with China Reached — No Tariff Hikes in December

The 15% tariff hikes on Chinese goods that were scheduled to hit Sunday (December 15th) didn't happen. Instead, we got the Phase One Trade Deal just days earlier. That's right, we finally have [...]

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Made in Vietnam? Nope — Still Made in China — Shippers Beware

Last week, one of our partners in Vietnam emailed Universal Cargo about the country's customs significantly increasing inspection "ratio on all cargo bound to the states." The change in procedure [...]

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Things Getting Bitter Between Maersk & MSC in Their 2M Alliance

Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]

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The Controversy Over Arctic Shipping

The outlook on shipping through the Arctic is changing. And I'm not just talking about the changes in climate making shipping through the North Pole possible. Ocean freight carriers are coming [...]