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Ocean Freight

  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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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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USCG Cutter Galveston Island Transferred We are proud to have supported the U.S. Coast Guard and Department of State in the recent transfer of the decommissioned USCG Cutter Galveston Island to Costa Rica. The vessel arrived in Puerto Caldera, CR this week after a 4,400 nautical mile journey from its previous home port  in Honolulu, […]

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