Have These High Freight Rates Reached Their Peak?
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 [...]
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 [...]
No-roll premiums? What's that? Hopefully, as a shipper, you've never heard of a no-roll premium. Unfortunately, many shippers are finding out about them right now as they're being forced to [...]
The results are in. Of what, you ask? Of the Federal Maritime Commission's (FMC) "Fact Finding No. 29, International Ocean Transportation Supply Chain Engagement, in order to identify operational [...]
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 [...]
This is a guest post by Darren Hann. International Commercial Terms (Incoterms®) play a significant role when you are importing or exporting goods in and out of all major cities. Irrespective [...]
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 [...]
This is a guest post by George McKinley. Long has the difference between cargo and freight confused those involved in the transportation industry. While both terms have similar meanings and [...]
Whether you need to move goods across the state or across the country, choosing a domestic freight forwarder to handle the job for you is a wise business move. Professionals in the freight moving [...]
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 [...]
We could probably all use a little good news right now. Shippers, specifically, who are seeing blank (cancelled) sailings from ocean carriers, operating hours cut at port terminals, and the risk [...]
The following letter is being sent to Universal Cargo's customers. We're posting it here in our blog as well to make sure as many people as possible see it. Universal Cargo is committed to [...]
There have been concerns with all the shutdowns happening to fight the spread of COVID-19, the novel Wuhan coronavirus, that ports are also closing. It's not surprising people would think ports [...]
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 [...]
There have been a ton of blank sailings related to COVID-19, commonly referred to as the coronavirus or novel coronavirus. In fact, according to an advisory that Tommy Chan, Compliance Manager of [...]
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 [...]
This is a guest post by Cory Levins. Progress happens at an astounding pace. The world we inhabit today is very far away from the world of yesteryear. The past couple of decades have seen [...]
It's scary. Over 7,711 people are confirmed as infected with the Wuhan coronavirus, which has already killed 170 people, according to the last numbers I saw from the New York Times. The Wuhan [...]