Yellow Corp, a 99-year-old trucking company, is no more. Yellow’s bankruptcy announcement did not occur randomly or even suddenly, although it might have been a shock given that they reported $5.2 billion in revenue last year. The company ceased all operations on July...
READ MOREJuly Shipping Report: West Coast Ports Close: What It Means for Shipping
by Eric Bailey
On June 2, 2023, several ports in California shut down when union workers walked out of the job—or failed to report to work at all. When West Coast ports close, it can...
June Shipping Report: Is a Possible Equipment Imbalance Imminent?
by Eric Bailey
As a freight forwarder, I’ve had a front-row seat to the challenges that equipment imbalance can create for exporters and importers. It affects us all, and it’s...
April Shipping Update: ILWU Shutdown at California Ports
by Eric Bailey
As we have reported previously in another shipping update, the International Longshore and Warehouse Union (ILWU), which represents dockworkers, has been involved in...
March Shipping Update: Looking Back at 2022 Ocean Carrier Profits
by Eric Bailey
While you may understand how much it costs to ship goods across the globe—and why the costs are what they are—do you know how much the companies that manage those shipments...
February Shipping Report: The Status of Port Delays
by Eric Bailey
In the shipping industry, the one constant is change. The past few years have shown us that conditions can vary daily, and it’s good to have not only a Plan B but perhaps a...
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