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News and Insights

Industry News, Trucking

California’s New Labor Bill

  • October 6, 2019
On September 18th, California Governor Gavin Newsom signed the “Employees and Independent Contractors” bill into law. This law, also known as Assembly Bill 5 or AB5, will rewrite California’s employment laws to make it harder for employers to classify workers as independent contractors. This is good news for many workers in the gig economy. A […]
Trucking

Too Many Drivers, Not Enough Freight

  • October 3, 2019
The current trucking market may be making some nostalgic for 2018.  Last year, shippers had to fight to secure sufficient truck capacity. This year, the tables have turned, and brokers and carriers are the ones calling around to find freight. Long haul trucking spot rates are 20% lower than last year. The Cass Freight Shipments […]
International, Shipping

The New Northern Sea Route – and Who’s Opting Out

  • September 24, 2019
On September 18th, workers at the Port of Qingdao, China, lined up to welcome the Tian Xi, a vessel owned by COSCO arriving from Finland. The vessel got a welcome ceremony because it had arrived in China via a particular route: the Tian Xi had traveled through the Arctic, along the emerging Northern Sea Route. […]
International

Manufacturers are Dodging Tariffs with Transshipping

  • September 15, 2019
As tariffs on Chinese imports pile up, manufacturers are finding new ways to prove the adage “constraints breed creativity.” A time-tested strategy consists of shifting manufacturing operations to change a product’s country of origin. Shipping products that lack a “Made in China” sticker mitigate the effects of the $550 billion worth of US tariffs that […]
Industry News, Trucking

Preparing for Peak Hurricane Season

  • September 4, 2019
The arrival of Hurricane Dorian is a big signal that it is time to prepare for peak hurricane season. In fact, suppliers should make sure to prepare for a particularly powerful hurricane season this year. NOAA forecasters monitoring atmospheric patterns says that, due to the end of El Niño, conditions are more favorable for above-normal […]
Trucking

Effects of New HOS Rules on the Trucking Industry

  • August 29, 2019
On August 14, the DOT officially announced proposed changes to federal hours of service regulations for truck operators. The rule seeks to enhance safety and give commercial drivers more flexibility in managing their driving time. But amid indicators that indicate a possible freight recession, some are worried about the effect the new rules could have […]
International

Air Cargo Market Tries to Find its Footing

  • August 28, 2019
Last year saw an extraordinary rate of growth for air cargo. No one expected 2019 to replicate that level of demand. Still, even with mild expectations, the global air freight market has been strikingly weak in the first half of 2019. The International Air Transport Association (IATA) previously forecast an average annual growth rate of […]
Shipping, Trucking

For Customer Loyalty Think Smarter, Not Cheaper

  • August 20, 2019
Lately, it seems the shipping industry is staring down an all too familiar problem: the race to the bottom. This means annual RFPs and frequent carrier switching, costing shippers money as they spend time finding and onboarding new carriers. But it doesn’t have to be this way. With a bit of innovation, carriers can find […]
Industry News, International

Trade in the Face of a No-Deal Brexit

  • August 19, 2019
The European Union represents a unique project in economic integration. Likewise, Brexit represents a unique problem in trade relations. The single market created by the EU has meant an absence of duties and quotas for Member States, along with free movement for workers and a reduced administrative burden. While most hoped that a new FTA […]
Industry News, International

Global Markets Sound Alarm as Hong Kong Protests Escalate

  • August 13, 2019
As Hong Kong enters its tenth week of increasingly violent and disruptive demonstrations, both companies and the people on the ground are growing increasingly nervous. On Friday, roughly a thousand protestors dressed in black staged a sit-in at Hong Kong international airport, distributing flyers, and chanting “Do You Hear the People Sing?” from Les Miserables. […]