YOU ASK, GREEN ANSWERS What are the advantages of Straight, Switch, and To Order Bills of Lading? STRAIGHT BILL OF LADING A type of non-negotiable bill that specifies the ownership of the freight and requires the goods to be delivered only to the named consignee. The straight bill can [...]
WEEKLY FREIGHT MARKET UPDATE In this week's comprehensive freight market update, several global factors are shaping the logistics landscape. Carriers are strategically adjusting their operations in February, incorporating blank sailings to flexibly address capacity needs, with emphasis on USWC or USEC. Notably, the extended Cape of Good [...]
The Federal Maritime Commission (FMC) has scheduled an informal public hearing on February 7, 2024, to investigate the impact of conditions in the Red Sea and Gulf of Aden regions on global supply chains and commercial shipping. The hearing aims to facilitate communication between stakeholders in the supply chain and [...]
Maersk and Hapag-Lloyd recently signed a long-term agreement to form the "Gemini Cooperation." Scheduled to launch in February 2025, this new operational partnership will combine portions of each company's fleets to develop a global network with the goals of reducing transit times and lowering their carbon footprint. GEMINI COOPERATION "The [...]
YOU ASK, GREEN ANSWERS What is Vessel Utilization? Vessel utilization is the ratio of loaded containers to the total container slots available on a vessel. Increased vessel utilization reduces the need for repositioning empty containers. Repositioning accounts for roughly one fifth of global container movements. Optimizing vessel utilization can reduce [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. Â For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
YOU ASK, GREEN ANSWERS What is the Container Load Factor? Container load factor is the ratio of weight or volume of cargo in a container to the container’s maximum capacity. It is a measure of efficiency to understand how much capacity is being utilized. The container load factor is [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. Â For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
ZERO-EMISSIONS REPORTING EXTENDED The California Air Resources Board (CARB) has granted heavy-duty truck owners and operators - including drayage vehicles - an extra month to complete their 2023 reporting for the Clean Truck Check program. The new deadline for entering information into the Clean Truck Check-Vehicle Inspection System (CTC-VIS) [...]
BOEING 737 MAX 9 AIRCRAFT GROUNDED Safety concerns arising from the recent equipment malfunction during Alaska Airlines Flight 1282 have led the Federal Aviation Administration to issue an Emergency Airworthiness Directive (AD). The AD, effective January 6, 2024, requires all owners and operators of Boeing 737 MAX 9 aircraft [...]
