Transportation Secretary Pete Buttigieg went on a press tour, where he talked about the port congestion we're seeing right now. The Biden Administration has been talking about the ports and the [...]
Today we continue our examination of freight rates and the outlook of the international shipping industry for 2021. Part 1 of this series looked at the high freight rate prices the international [...]
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 [...]
This blog will get into what's happening with freight rates, cargo volume behavior, and implications those have for shippers through the rest of the year and into 2021. But first – and I promise [...]
As 2019 draws to a close, a ton of things are happening in international shipping. You would think with the last three blogs getting into IMO 2020, Incoterm changes with Incoterms 2020, and the [...]
Maersk predicted, a couple years ago, that carrier competition would shrink to just 3 global companies. Of course, Maersk is at the top of the list of carriers expected to be left if its [...]
In case you missed the big news this weekend, a drone attack hit two oil facilities in Saudi Arabia on Saturday (September 14th, 2019). Here's a brief summary from an Aljazeera news [...]
For obvious reasons, U.S. shippers who import from China tend to be against the tariff increases President Trump is imposing on China. There have been hearings over items listed in the new tariff [...]
Traditionally, when it comes to international shipping, there are two major modes to choose between: ocean freight and air freight. But now, shippers are starting to eye a combination service [...]
I've seen a lot of headlines this year about various ocean freight carriers losing money. However, it all came to a head for me with Mike Wackett's article in the Loadstar last week with the [...]
Don't look now, but peak season is upon us. Yes, those big volume shipping months when importers are bringing in products to line store shelves for the back to school and holiday seasons are [...]
"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.
For [...]
This is a Guest Post by Daniel Moore
selling overseasInternational goods trading is a well-known and popular business today. This is the reason that leading international brands have [...]
What kind of freight rates are shippers getting right now on their ocean shipping? The last time we posted on freight rates was in August with a blog titled Freight Rate Wars: Carriers Strike [...]
Recently the first Chinese merchant vessel reached the Atlantic from the Pacific via the North East Passage. This is a major international shipping breakthrough for China and could result in [...]
Q: Why are the shipping rates so volatile? A: While there are several factors involved, The primary is market demand. Traditionally from Dec through April for imports, especially from Asia to [...]
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