Logistics Challenges to Close 2020: Space & Equipment Shortages in the United States & China
North American importers have recently seen unique headwinds with inbound logistics which are expected to continue through the holiday season. Both equipment and onboard vessel capacity have been in shortage. Most carriers are accepting bookings with the caveat there...
TPEB Shippers See Improving Equipment Levels
According to Collyer Logistics Group of Companies, high demand in the third quarter on the trades out of China, especially on the trans-Pacific, has overwhelmed terminals and forced carriers since July to hastily reinstate blanked capacity, deploying extra loaders and...
General Rate Increase Transpacific Eastbound (Asia to the U.S. & Canada)
So, what is a General General Rate Increase (GRI)? A General Rate Increase (GRI) is the amount by which ocean carriers increase their base rates across specific trade lanes, generally as a result of increased demand. A GRI must be announced with the Federal Maritime...
DOJ Suggests “Test Case” in Section 301 Litigation
Read The Court of International Trade should use a case management approach for the numerous Section 301 tariff lawsuits similar to the one used for litigation over the harbor maintenance tax (HMT), the Department of Justice said in a Sept. 23 filing. That should...
Ocean Freight Rates in 2020
The ocean carriers are still posting ridiculously profitable quarters. Ocean carriers are posting ridiculously profitable quarters in 2020. Under normal circumstances this would not be a problem, everyone deserves to make a profit. However, manipulating capacity and...Weekly eNews Sign Up
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