Freight Market

Trans-Pacific Rates & Capacity Brace for Lunar New Year

As the New Year brings fresh resolutions and opportunities, shippers are coming face-to-face with tighter capacity and higher rates on Pacific trade lanes. Spot rates from Asia increased for the second week in a row as we brought in 2019, and the industry has begun bracing for the Lunar (Chinese) [...]

2019-01-08T15:47:12+00:00January 8th, 2019|Freight Market, Import, Shipping News|

Shipper Alert: West Coast Port Congestion Expected through Lunar New Year

As reported earlier this month, U.S. West Coast terminals in Los Angeles and Long Beach are experiencing heavy volumes and severe congestion that is expected to last through the upcoming Lunar (Chinese) New Year. 5 TOP CAUSES OF U.S. WEST COAST CONGESTION 1. EQUIPMENT & CHASSIS For West Coast supply [...]

2018-12-20T20:45:55+00:00December 20th, 2018|Domestic, Freight Market, Import, Shipping News, Warehousing|

Intermodal’s PSR Impact on Shippers, Chicago Hit Hard

2019 will be a transitional year for the United States’ rail industry; known for its inefficiencies, U.S. rail freight is on the quest to increase train speeds and improve services by taking steps towards precision scheduled railroading (PSR). In September, CSX, the leading supplier of rail-based freight transportation in North [...]

2018-12-14T19:54:58+00:00December 14th, 2018|Domestic, Freight Market|

U.S. Shippers Frustrated with Chassis Split Delays

Nationwide, importers are struggling to ensure their freight is picked up efficiently from U.S. ports as chassis inaccessibility continues to rise amid cost increases, limited availability and quality of equipment. The decade-long issue has been an increasing problem at ports and railroad terminals for years, resulting in complex arrangements that [...]

2018-11-06T18:45:09+00:00November 5th, 2018|Domestic, Freight Market, Import|

IMO Sulphur Regulation Impact on 2019 Freight Contracts

As the holiday shipping season peaks in advance of New Year tariffs, international shippers are already examining the market for the significant upcoming ocean carrier contract season. Effective January 1, 2020, an international cap on sulphur emissions from bunker fuel will add substantial costs to ocean carriers before existing beneficial [...]

2018-10-25T19:49:06+00:00October 25th, 2018|Export, Freight Market, Import, Shipping News|

USMCA Will Raise Canadian De Minimis on E-commerce

Announced over the weekend, the United States, Mexico and Canada made international headlines as the three neighboring countries signed onto a new free trade agreement, called the United States-Mexico-Canada Agreement (USMCA).  The new deal included provisions to raise Canada’s duty-free, de minimis, levels from $20 CAD to $150 CAD and [...]

2018-10-02T15:19:48+00:00October 2nd, 2018|Customs, E-Commerce, Freight Market, Freight Talk|

The USMCA (United States-Mexico-Canada Agreement) Becomes the New NAFTA

In a frantic race against time, Canada and the United States sealed the deal this past Sunday to secure trilateral trade that had been progressing under the North American Free Trade Agreement (NAFTA) for almost a quarter of a century.  The new deal, known as the United States-Mexico-Canada Agreement (USMCA), [...]

China-U.S. Trade Continues to Erode Amid Heated Tariff Flinging

In a statement released by the White House on Monday, September 17, 2018, President Donald Trump announced, “Today, following seven weeks of public notice, hearings, and extensive opportunities for comment, I directed the United States Trade Representative (USTR) to proceed with placing additional tariffs on roughly $200 billion of imports [...]

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