When it comes to freight rates, the international shipping industry has always been a volatile ride. Imagine going up and down the waves of choppy waters in a small boat. Freight rates tend to [...]
While we've made mention of its status in some articles, we haven't done a full update on the Panama Canal situation since a February post. That post was a much needed moment of good news for [...]
CEO of Hapag-Lloyd Rolf Habben Jansen told CNBC that he thinks international shipping’s peak season is going to come early this year. Lori Ann LaRocco reported: “I would also expect that [...]
Time is ticking... All the way back in November, the International Longshoremen's Association (ILA) warned its members to prepare for a strike in October of this year. ILA's contract, which [...]
The situation in the Gulf of Aden and Red Sea, forcing ocean freight carriers to route ships away from the Suez Canal, got worse yesterday (Wednesday, March 6th). Antisemitic, Iran-backed Houthi [...]
Earlier this week, on the 26th of February, the Federal Maritime Commission issued its final rules for demurrage and detention billing as set up for it to create by the Ocean Shipping Reform Act [...]
"How can it be a spy satellite if they announce on television that it's a spy satellite?" --George Carlin If you're ever at a major U.S. port, take a look at the cranes looming over the [...]
Shippers should make no plans for a return to ocean freight routes through the Suez Canal in the near future. Perhaps the most damaging attacks in the Red Sea area so far happened on Sunday. [...]
Many shippers feel like ocean freight carriers are unfairly taking advantage of recent global events for financial gain. In particular, many believe the Red Sea-related surcharges carriers are [...]
This is a guest post by Juan Turcios. Smoothly navigating international trade requires mastering your approach to using Incoterms to define your shipping terms and responsibilities. Therefore, [...]
Big changes are happening in the international shipping landscape, or waterscape (?), as the 2M, Ocean, and THE carrier alliances are reshuffling. These three carrier alliances, tying all of [...]
This is a guest post by Diana Zheng. The seamless movement of goods across international boundaries is crucial for businesses involved in global commerce. Among the many terms and regulations [...]
Embarking on the global trade journey brings unparalleled opportunities, but it's not without its challenges. International shipping comes with its own set of risks that can jeopardize your [...]
Missile Strikes U.S. Cargo Ship A CBS News video reports that the Iran-backed Houthi rebels, who have been attacking ships in the Red Sea, hit the U.S. cargo ship Gibraltar Eagle with a missile [...]
What should shippers expect when it comes to freight rates in 2024? Predicting trends is never an easy thing, as international shipping's freight rates have always been highly volatile. Shippers [...]
This is a guest post by James Raussen, Eaint Hmue Htut, and Ye Yint Zaw Win. Myanmar's maritime landscape boasts seven major ports, each playing a vital role in the nation's international trade. [...]
This is a guest post by Ellie Gabel. Extended producer responsibility laws are creating ripples of change in international supply chains, from packaging to product design. Over the past several [...]
This is a guest post by Evelyn Thistlewood. Navigating the complexities of international trade requires a strategic approach to handling unexpected ocean freight issues. In a world where global [...]
In case you were worried the government isn't upping its involvement enough in international shipping and the supply chain with recent legislation, including the Ocean Shipping Reform Act of 2022 [...]
This is a guest post by Evelina Thorne. Air freight regulations, often intricate and dynamic, demand unwavering attention from U.S. business professionals involved in import and export. [...]