First it was the backup off the coast of California, when shipping containers sat at port for up to eight days. Now the backup has shifted to the East Coast, causing port delays at the Port of New York and New Jersey, the US’s second-largest port behind the Port of...
READ MOREJuly 2022 Shipping Update: Freight Rates Are Falling
by Eric Bailey
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...
How We Manage Clients’ Shipments
by Eric Bailey
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...
May 2022 Shipping Update: Shipping Delays Resurface around the Globe
by Eric Bailey
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...
April 2022 Shipping Update: The Ocean Shipping Reform Act Hopes to Update Federal Shipping Regulations
by Eric Bailey
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...
March 2022 Shipping Update: Suez Canal Price Increase Affects Shipping Costs
by Eric Bailey
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...
February 2022 Shipping Update: Is Arctic Shipping the Future Alternative?
by Eric Bailey
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...
January 2022 Shipping Update: The Path to Decarbonize Shipping
by Eric Bailey
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....
December 2021 Shipping Update: Digitalization of Shipping Is Coming
by Eric Bailey
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...
November 2021 Shipping Update: Shipping Container Crisis and Ongoing Supply Chain Issues
by Eric Bailey
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,...
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