With a current inflation rate of 9.1%, it’s hard to believe anything could be going down in price. However, that’s exactly what’s happening with freight rates. One large importer says they’re reducing their contracts 15% to 20%, which is significant but still won’t...
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As a freight forwarder, our job is to always stay ahead of what’s happening in the world of shipping. One of the ways that’s evident is in our monthly shipping reports. We...
Just when we thought the worst was behind us and the world was getting back to something resembling normal, chaos has returned. Shipping delays are currently being reported...
Although its official name is the Ocean Shipping Reform Act of 2021 (OSRA), due to the fact it was introduced in August 2021, it’s making headlines again. That’s because it...
Prices seem to be going up everywhere you turn. With gas prices edging ever closer to $5 a gallon (and higher, in some locations), it’s no wonder that companies are having...
In the past two years, the shipping industry has seen its share of challenges. From a global shipping container shortage to port congestion and a days’ long backup off the...
In today’s economy, shipping remains the primary method of transporting goods from point A to point B. In fact, nearly 90% of the world’s trade is transported in this way....
With recent news of websites being shut down due to ongoing AWS issues, one industry that’s much less likely to be affected is global shipping. Such a complex network of...
Now that Halloween is behind us, retailers and consumers alike are looking forward to Black Friday and holiday shopping. Whether a company sells car parts, toys, calendars,...
Unless you’ve had your head in the sand for the past few months, you know about the huge (and we mean HUGE) problem with ships backed up in the Pacific Ocean off the coast...