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General

  Highlights December rates decrease year-over-year for the first time in 28 months Ocean shipping much more affordable Red Sea diversions threaten to upset supply chains once more Panama Canal drought adds to shipper’s concerns China slowdown sends ripples worldwide Chinese New Year starts this week. As 2024 gets underway and market conditions begin to come […]

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  Highlights Rates for air, ocean and ground continue to be soft, with some signs of rebounding on increased demand for air freight. Blank sailings have increased dramatically, as carriers reduce capacity to compensate for a soft “Peak Season”. Yellow Freight bankruptcy reduces LTL capacity and increases pressure on domestic trucking rates. Ocean shippers begin […]

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September usually brings Labor Day, back-to-school activities, and Peak Season in the shipping business. As we enter the September-December peak shipping season, we do so under the most unusual of circumstances, with COVID-19, U.S. elections and social protests looming large. Almost forgotten, are the ongoing headwinds from the U.S. – China trade dispute, which continues […]

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Overnight airfreight. Every shipping manager’s least favorite option. Let’s face it, if you need overnight air freight, something has usually gone drastically wrong. The situation typically goes something like this: Either your customer needs a critical part to keep their plant up and running, you are dangerously low on a key inventory component, or you […]

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Incoterms 2020 is here. Is your business ready? The new Incoterms 2020 have been published by the International Chamber of Commerce (ICC). They will take effect on January 1, 2020. This update replaces Incoterms 2010 and is expected to be the standard for the next decade, through December 2029. For the first time, representatives from […]

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Ah, the holidays. A time for peace on earth, goodwill toward men, family gatherings and an office Christmas party or two. And holiday shipping headaches. If you are involved in the logistics side of your business, the holidays can be more unpleasant than a week-long visit from your in-laws. Higher freight rates, surging demand and […]

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