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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 [...]

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How Does the Chinese Spring Festival Holiday Affect the International Logistics Industry?

This is a guest post by David Fan. Background Chinese New Year, also known as Spring Festival or Lunar New Year, is the grandest festival in China with a statutory 7-day long holiday. [...]

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Made in Vietnam? Nope — Still Made in China — Shippers Beware

Last week, one of our partners in Vietnam emailed Universal Cargo about the country's customs significantly increasing inspection "ratio on all cargo bound to the states." The change in procedure [...]

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Shippers Can Take Advantage of Falling Freight Rates This “Peak Season”

Normally, freight rates increase this time of year during international shipping's peak season when shippers are importing more goods than usual to stock up for the big holiday shopping season. [...]

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2 Big Effects of Drone Attack on International Shipping

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 [...]

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US-China Trade War Saves Carriers’ Year But Future Uncertain

You would think the trade war between the U.S. and China would be nothing but bad for transpacific shipping; however, it may have just saved the year for carriers.

Back in June, we [...]

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Maersk Sending First Container Ship Through Arctic

Maersk announced that it is sending the first container ship from East Asia to Europe through the Arctic Ocean. Daniel Shane reports in CNN Money:

The newly built Venta Maersk is set [...]