Freight Market


Major Snowstorm Heading for Northeast U.S. Ports this Week

Northeast ports in the United States will be closing due to a high-impact snowstorm, starting this Wednesday and is predicted to last through December 17, 2020. Heavy snow is expected, from 12 to 24 inches in New Jersey tomorrow, and strong winds will likely cause whiteout conditions throughout the greater [...]

2020-12-15T20:42:51+00:00December 15th, 2020|Freight Market, Freight Talk, Import, Shipping News|

Rate Increases and Congestion at West Coast Ports Triggers FMC Warning to Carriers and Vessel-Sharing Alliances

Strong Trans-Pacific trade volumes leading into the Chinese Golden Week Holiday (beginning October 1st), is causing extreme congestion in Southern California and Pacific Northwest ports as spot market rates climb to new year-over-year highs; some carrier notices have advised vessel delays of up to a week before even having the [...]

2024-07-19T00:28:07+00:00September 21st, 2020|Freight Market, Freight Talk, Import, Shipping News|

Fuel Prices Drop Amid New Market Conditions

In recent weeks, global gas prices have dropped significantly, and though most consumers have been unable to take advantage of these savings directly due to quarantine restrictions, other businesses have found a silver lining. The reduction in fuel costs has provided some adjustment relief for the transportation industry that had [...]

2020-04-16T16:59:10+00:00April 16th, 2020|Freight Market, Shipping News|

CRS COVID-19 Report: China Medical Supply Chains and Broader Trade Issues

Last week, the Congressional Research Service published the COVID-19: China Medical Supply Chains and Broader Trade Issues Report in order “to assess current developments and identify immediate and longer range China trade issues for Congress.” Specifically, the report focuses on initial shortages of medical supplies, such as pharmaceuticals and personal [...]

2020-04-15T16:24:32+00:00April 15th, 2020|Export, Freight Market, Import|

Operations Temporarily Suspended at Port of Houston’s Bayport and Barbours Cut Container Terminals

The Houston Port Authority has learned that someone who worked at both Barbours Cut and Bayport container terminals has tested positive for COVID-19. In light of this information, and in an abundance of caution, both public terminals are closed and operations are temporarily suspended while a thorough investigation is being [...]

Why Logistics Teams Lead Supply Chain Sustainability Programs

what is sustainability? Depending on a company’s corporate vision, mission and goals, the way sustainability is defined can vary drastically from one business to the next. Responsible organizations that engage in sustainable practices are challenged to develop business strategies that cover human rights, labor, anti-corruption, and the hottest topic for [...]

Port of Vancouver Impacted by Pipeline Protesters Blocking Rail Lines

Protesters, in solidarity with the Wet’suwet’en hereditary chiefs, gathered on the Canadian National Railway (CN) line in Vancouver, Canada, to protest the building of the Coastal GasLink pipeline through traditional Indigenous territory. The blockade comes days after a separate, non-violent protest was initiated at the Port of Vancouver where [...]

2025-01-03T20:05:18+00:00February 19th, 2020|Freight Market, Shipping News|

U.S. Senate Passes USMCA, now heads to President’s Desk

On January 16th, the U.S. Senate overwhelmingly approved legislation to overhaul the 25-year-old trade pact among the U.S., Canada, and Mexico. The deal, more commonly known as USMCA, passed by 89-10, now goes to the President’s desk for signature after which the bill will be passed to Canada for their [...]

2020-01-17T16:53:40+00:00January 17th, 2020|Export, Freight Market, Freight Talk, Import, Shipping News|
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