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 few backup plans as well. Such is the case with port delays. As we have reported in previous...
READ MOREJanuary Shipping Report: ILWU Contract Negotiation Update
by Eric Bailey
For more than six months, the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have been striving to come to an agreement that...
November 2022 Shipping Update: The Future of the Shipping Industry
by Eric Bailey
You’ve undoubtedly heard the saying, “what goes up must come down.” Such is the case across the board, and it also seems to be coming true for the shipping industry. Amid...
October 2022 Shipping Update: Forecast for 2023 Shipping
by Eric Bailey
The shipping industry has weathered numerous storms over the past few years, primarily due to the effects (and aftereffects) of the COVID-19 global pandemic. Now, as we look...
August 2022 Shipping Update: Port Delays Lead to New Fees
by Eric Bailey
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...
July 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...
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