Freight Talk


FREIGHT MARKET UPDATE | WEEK 32 | 2024

Week 32 brings some relief as the Panama Canal Authority adds additional daily slots. However, Tropical Storm Debby is creating challenges for the U.S. East Coast with record-level rainfall. Railcar shortages that continue to plague the U.S. Pacific Northwest. TROPICAL STORM DEBBY Initially a Category 1 hurricane, Tropical Storm [...]

2024-08-06T21:56:06+00:00August 6th, 2024|Freight Market, Freight Talk, Shipping News|

SAVANNAH BRACES FOR TROPICAL STORM DEBBY

OPERATIONS UPDATE: WEDNESDAY, AUGUST 7, 2024 Port Of Savannah – All Terminals Open Savannah Hilton Head International Airport – Open with some delays and Cancellations Class 1 Railroads – Fully Operational Trucking - Expect delays and road closures while road and utility crews continue to assess damages and remove debris.  Tropical [...]

PANAMA CANAL: NEW DAILY SLOTS AVAILABLE

Earlier today the Panama Canal Authority (ACP) announced the introduction of a Long-Term Slot Allocation (LoTSA) method for Neopanamax vessels. This initiative is part of the transit booking system that aims to enhance transit certainty and flexibility for shippers. Currently, the slot offering in the transit booking system is done [...]

2024-08-02T22:33:27+00:00August 2nd, 2024|Freight Talk, Industry Spotlight, Shipping News|

FREIGHT MARKET UPDATE | WEEK 31 | 2024

As Week 31 comes to a close, we find the global supply chain facing familiar challenges including strained labor relations, wildfires delaying Canadian port operations, and railcar shortages that continue to plague the U.S. Pacific Northwest. DEMAND SLOWS YET REMAINS HEALTHY Demand is slowing but remains healthy and is [...]

2024-08-02T15:19:33+00:00August 1st, 2024|Freight Market, Freight Talk, Shipping News|

SECTION 301 MODIFICATIONS DETERMINATION POSTPONED PENDING REVIEW

PROPOSED SECTION 301 MODIFICATIONS On May 28, 2024, the United States Trade Representative (USTR) proposed modifications to the actions under the Section 301 investigation concerning China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation.  Section 301 exclusions were first implemented during the Trump Administration and reinstated [...]

FUNDING PORT PROJECTS: WATER RESOURCES DEVELOPMENT ACT 2024

PORT PROJECTS IN BALTIMORE AND OAKLAND PROPOSED On Monday, the House of Representatives approved by a vote of 359 to 13 the Water Resources Development Act of 2024 (WRDA). This legislation will help fund navigational projects at the ports of Baltimore and Oakland. It allocates approximately $4.8 billion [...]

2024-07-26T19:22:27+00:00July 26th, 2024|Freight Market, Freight Talk, Industry Spotlight|

CROWDSTRIKE OUTAGE IMPACT ON GLOBAL AIRFREIGHT MARKET

The IT outage on Friday, July 19, 2024, caused by a bug in a CrowdStrike software update, is considered the largest outage in history. CrowdStrike, an American cybersecurity firm, offers a cloud-based software product called Falcon. The company pushed an update to Falcon, which interacts with Microsoft Windows products and [...]

2024-07-23T15:57:41+00:00July 23rd, 2024|Freight Talk, Industry Spotlight|

GREEN WORLDWIDE SHIPPING SPONSORS EXPORTGA 2024

As part of its ongoing commitment to helping small businesses, Green Worldwide is proud to sponsor the University of Georgia Small Business Development Center’s (SBDC) ExportGA for the fifth year. "At Green Worldwide, we are committed to helping small businesses succeed, particularly those involved in international trade, as that [...]

UFLPA STRATEGY UPDATE: DHS PRIORITIZES NEW SECTORS & EXPANDS ENTITY LIST

The Department of Homeland Security (DHS) released an updated Uyghur Forced Labor Prevention Act (UFLPA) Strategy to Prevent the Importation of Goods Mined, Produced, or Manufactured with Forced Labor in the People’s Republic of China (PRC). Released July 9, 2024, the updated strategy continues to advance the enforcement of [...]

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