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 [...]

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 [...]

Freight Rates Down Despite Trade War Up

The trade war between the U.S. and China drags on without an end in sight. However, things are not all bad news for U.S. importers. Shippers who import from China got good news last week as Trump [...]

Could Cargo Ships Get a Speed Limit?

One of the biggest issues of our time is global warming. The ocean freight sector of the international shipping industry, in particular, faces an incredible challenge of reducing its greenhouse [...]

6 Reasons BCOs Are Leaving Carrier Contracts for Freight Forwarders & NVOCCs

The share of shipments in the international shipping industry going to freight forwarders and Non-Vessel-Operating Common Carriers (NVOCC) is increasing.

Furthermore, it is not just [...]

You Won’t Believe How Pathetic This Ocean Freight Headline Is

Hyundai Merchant Marine (HMM) made headlines this week for doing something all businesses should do — focusing on customers. Correction: HMM made headlines for saying it would focus on [...]

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