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 can take months—and even years—before a bill becomes a law. At the end of March, the Senate...
READ MOREMarch 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,...
October 2021 Shipping Update: Is a Supply Chain Crisis Imminent?
by Eric Bailey
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...
September 2021 Shipping Update: Port Backups Continue to Cause Issues
by Eric Bailey
Just when you thought we were out of the woods with the global issues associated with COVID-19, new problems are occurring in the shipping industry. Over the last weekend of...
August 2021 Shipping Update: Flooding Leads to Supply Chain Concerns
by Eric Bailey
If it’s not one thing these days, it’s another. In the shipping industry, we’ve had to face COVID-19 issues for more than a year now, which have had a major impact on supply...
July 2021 Shipping Update: Executive Order Aims to Cut Shipping Costs
by Eric Bailey
The last couple of years have shaken up the globe, and one of the hardest-hit areas is the supply chain, namely shipping. US President Joe Biden isn’t just sitting around...
Recent Posts
- The Impact of China-Taiwan Tensions on Global Shipping
- Tips for Navigating the Red Sea Shipping Crisis
- Shipping Report: Navigating the Potential East Coast Longshoreman Strike
- Shipping Report: How a Recent Container Ship Explosion Is Affecting Global Trade Routes
- Shipping Report: Navigate Uncertainty with Contingency Plans for Labor Strikes