Few transportation topics have ever been as hotly debated as the federal ELD mandate, with shippers, truckers, and logistics professionals divided as to whether the law would represent a minor adjustment to the shipping landscape, or a full-blown catastrophe. After a four-month grace period, ELD enforcement began in earnest on April 1, and the industry […]
Recently, ocean carriers said the three letters most likely to ruin shippers’ day: GRI. A GRI (General Rate Increase) is an ocean carrier’s announcement that it will be increasing its container rates in a specific shipping lane, in amounts that range to a few hundred dollars to over a thousand dollars per container. This most […]
It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
In recent months, anyone whose business takes them through US ports has faced an increasingly chaotic and expensive environment. Despite a robust economy and higher-than-expected export volumes, shippers are facing thinner profit margins as they run into a trucking bottleneck. Drayage rates are skyrocketing, fueled by a driver shortage and the demands of the ELD […]
This February, KFC experienced its worst nightmare: being a chicken restaurant with no chicken. Hundreds of KFC restaurants in the UK were forced to close for up to a week following a catastrophic breakdown of operations that saw frustrated customers calling the police, desperate franchise managers furtively buying chicken from supermarkets, and thousands of pounds […]
The holiday shopping season is rapidly approaching, ushering in the busiest time of year for shippers, carriers, and the cargo thieves who prey on them. While estimates for the total cost of cargo theft vary wildly, the FBI calls it a “multi-billion-dollar criminal enterprise” and reported 628 cargo thefts in 2016 (though owing to inconsistent […]
The fate of America’s infrastructure is once again in doubt, following a September 26 meeting in which President Trump appeared to abandon the concept of public-private partnerships, which he had previously claimed would be the primary source of funding for the $1 trillion in infrastructure spending that had been a key promise of his campaign. […]
In recent months, China has taken an unexpectedly hard line in enforcing its anti-pollution policies, shuttering thousands of factories and sending shockwaves through the global supply chain. According to JOC, over 18,000 factories have already been ordered to close since the start of the crackdown, and that number could grow much larger as inspectors begin […]
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 […]
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 […]