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 MORE
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...
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...