Freight Rates Falling – But How Far & How Long?
Ocean freight rates are falling. Yes, they're still extremely high, but they're moving in the right direction. Greg Miller reported this week in Freight Waves that global spot rates for ocean [...]
Ocean freight rates are falling. Yes, they're still extremely high, but they're moving in the right direction. Greg Miller reported this week in Freight Waves that global spot rates for ocean [...]
There is still no end in sight to the horrific Shanghai lockdown, where the Chinese government has actually barricaded people inside their homes, worsening the struggle for citizens to get food [...]
On Friday, the Federal Maritime Commission (FMC) served its initial decision, fining Hapag-Lloyd over $800,000 for violating the Shipping Act by assessing unfair detention fees against a drayage [...]
China’s atrociously insane “Covid Zero” policies have Shanghai, a central hub for international shipping and the third most populous city in the world, in an indefinite [...]
Here we go again. Two weeks ago we were talking about China putting a whole province, millions and millions of people, on lockdown. This week, China put Shanghai on lockdown. Keith Wallis [...]
I've been getting emails about shipping to and from Russia through China. Naturally, reading them raises questions. Here are a few: Is China providing a way around sanctions? Are these for [...]
In case you haven't heard, Evergreen has had another costly and public debacle. No, this isn't a story about Hilary Clinton; Evergreen being her code name from the secret service is just [...]
On Tuesday (March 15th, 2022), the Biden Administration put out a "fact sheet" in announcing a freight data exchange program with the intention of improving the still badly congested supply [...]
It's generally accepted that World War II ended the Great Depression. Could the Russia conflict end America's supply chain crisis? Or at least mitigate it? Hmmm... Greg Miller wrote an American [...]
To help shippers improve their international shipping, Universal Cargo’s blog often points out problems with, risks to, and likely disruptions in the supply chain. The goal of making [...]
There are many world events affecting current and upcoming ocean freight rates. Sanctions on Russia with its aggression on Ukraine obviously affects cargo movement to and from that region, and [...]
We may have seen a full shift in U.S. import patterns for 2022, particularly with an increase in cargo volumes through East Coast ports. Bill Mongelluzzo reports in the Journal of [...]
The Biden Administration's port envoy is stepping down reports Peter Tirschwell in the Journal of Commerce (JOC): John Porcari, the White House’s port envoy, will step down from the role in [...]
You know all that bragging the Biden Administration has done over the last four months about getting the Ports of Los Angeles and Long Beach to go 24/7 to fight congestion? Yeah, the ports are [...]
Keith Wallis reported in a Journal of Commerce article this week that South Korea's Fair Trade Commission fined ocean freight carriers over $80 million for collaborating in setting freight [...]
Several news stories in recent days report COVID cases discovered in China and worry about port shutdowns and more disruption rippling through global supply chains. There's plenty of reason for [...]
Three-month-plus transit times for sailings goods across the Pacific? After more than a year of severe congestion at U.S. ports, especially at the Ports of Los Angeles and Long Beach and along [...]
This is a guest post by Gregory Steele. When considering logistics, we usually tend to think of the bright future. The development of AI and the full automation of supply chains seem like [...]
There are two news stories worthy of shippers' attention today. The first pertains to air freight while the second has to do with ocean freight. On the air side, we have a story about suspended [...]
Parenting 101 from the Ports of Los Angeles & Long Beach On Tuesday, in yet another blog post about the Ports of Los Angeles and Long Beach postponing the outrageous container dwelling fees [...]