For years, supply chains around the world have operated in the JIT (just-in-time) framework. And for those years, it was sufficient because supplies were on a schedule and demand was predictable. However, after the onset of COVID-19, many industries are finding their supply chains are no longer what they were. The virus has exposed just […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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. […]
Shipping is cleaning up its act, but not everyone appears to be ready. Oceangoing vessels have burned heavy oil, the world’s dirtiest propulsion fuel, since switching over from coal. Starting on January 1, 2020, the industry will take a big step in the right direction– but for some, that step may be more of a […]
Peak season is always a hectic time for shippers, carriers, and logistics professionals. While its arrival (from about mid-August through mid-October) is fairly predictable, it’s a season characterized by abrupt changes in the shipping landscape. However, even by peak season standards, 2019’s pre-Christmas rush may be in a class by itself for sheer unpredictability. There […]