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Tag: international freight forwarder

Industry News, International

Sky-high Air Freight Rates Show No Signs of Coming Down

  • January 19, 2018
Shippers trying to secure air freight in recent weeks have found themselves caught in an unexpected rate hike and capacity crunch, as rates doubled and even tripled, particularly for cargo passing through Europe or Asia. The holidays are over, but industry leaders are confident that higher rates are here to stay, fueled by the demands […]
International

How China’s “One Belt, One Road” Will Reshape Global Trade

  • December 18, 2017
In recent months, while most Americans have been distracted by an exhausting and embittered news cycle, the Chinese government has been extending its reach throughout the globe in an unprecedented bid to reshape the world economy according to its own values and ambitions. In launching its “One Belt, One Road” initiative, China is pouring over […]
International, Shipping

Puerto Rico and The Jones Act: A Crisis 97 Years in the Making

  • October 13, 2017
Three weeks after Hurricane Maria made landfall in Puerto Rico, the island remains devastated, with the vast majority of residents without electricity, and many without access to clean drinking water, medicine, or food. The situation has brought several logistical issues to the forefront of public consciousness, as Americans struggle to understand why the United States […]
Industry News, International, Shipping

Hurricanes Cause Spot Rate Hike, Capacity Crunch

  • September 29, 2017
2017’s punishing (and still unfinished) hurricane season is tightening freight capacity and driving up spot rates throughout the US, altering the shipping landscape in ways that are likely to last as long as the massive rebuilding effort from Harvey and Irma. The far-ranging impact of the storms, combined with the looming ELD mandate and high […]
International, Shipping

What Shippers Get Wrong About Cargo Insurance

  • September 25, 2017
A truck skids on a patch of ice. A container ship jettisons cargo during a storm. Dock workers in a far-distant port go on strike. Even in the most well-managed supply chain, events like these are sometimes unavoidable, but cargo insurance is what determines whether they are minor setbacks or major catastrophes. Unfortunately, misconceptions and […]
International, Shipping

Chaos at Bangladesh’s Largest Port

  • August 25, 2017
This month, Bangladesh’s finance minister announced plans to construct a floating terminal to alleviate the congestion that is crippling Chittagong, the country’s largest port. The concept is one of several bold steps the Bangladeshi government, private sector, and regional allies are considering to eliminate the bottleneck that is threatening Bangladesh’s burgeoning economy and costing shippers […]
Shipping

Are Poor Shipper-Carrier Relationships Costing Your Bottom Line?

  • August 18, 2017
Relationships are the foundation of a well-functioning supply chain, but when it comes to relationships between shippers and carriers, there is often room for improvement. For years, friction between carriers and shippers has simply been the status quo, but major changes to the logistics landscape mean that it’s more important than ever that both parties […]
International

Things to Consider Before Exporting Internationally

  • August 11, 2017
Expanding a business internationally can seem like a daunting prospect in the best of times, and especially in 2017. Brexit, American political unrest, and a growing strain of economic nationalism have created an uncertain outlook for global trade, but these factors alone should not deter businesses from pursuing expansion. The rise of e-commerce, sophisticated data […]