Freight Talk


HURRICANE BERYL: SUPPLY CHAIN IMPACT

OPERATIONS UPDATE: TUESDAY, JULY 9, 2024 Port of Houston - All terminals closed for storm recovery. Port will update at 4:00 PM Central.  Class 1 Railroads - Inland intermodal facility closed. As conditions improve, engineering teams are conducting track inspections in areas that are safely accessible and are prepared to [...]

FREIGHT MARKET UPDATE | WEEK 27 | 2024

Week 27 brings tidings of good news from the Panama Canal though tight capacity and port congestion in Asia continues to plague the global supply chain. PANAMA CANAL DRAFT RESTRICTIONS MODIFIED Earlier this month, the Panama Canal Authority announced a significant change: they will be increasing the number of [...]

2024-07-03T19:15:52+00:00July 3rd, 2024|Freight Market, Freight Talk, Shipping News|

PANAMA CANAL AUTHORITY INCREASES TRANSIT VOLUME

PANAMA CANAL NEARING NORMAL LEVELS AND INCREASING TRANSIT VOLUME After months of low water levels due to a historic drought, the Panama Canal’s freshwater reservoirs are approaching normal levels as summer begins. The drought, starting in mid-2023, reduced water levels in Gatun Lake, forcing the Panama Canal Authority (APC) to [...]

2024-07-03T18:21:01+00:00July 3rd, 2024|Freight Talk, Industry Spotlight, Shipping News|

CALIFORNIA PORTS: INVESTMENT IN ELECTRIC TRUCKING

ELECTRIC TRUCKING INVESTMENTS The Los Angeles and Long Beach ports are investing a combined $25 million to support the development of charging infrastructure for electric-powered heavy-duty trucks to service southern California harbors and warehouses. The commissions of both ports also authorized another $12.5 million from their respective clean truck funds [...]

EARLY RETURN DATE: ADDRESSING CONCERNS IN MARITIME DATA ACCURACY

SHIPPERS PUSH FMC TO ADDRESS ISSUES WITH CHANGING DROP OFF DATES FOR EXPORTS U.S. exporters have expressed concerns to the Federal Maritime Commission (FMC) that the inconsistent information on vessel schedules and drop-off dates leads to higher costs and delays. Although having a single source for this kind of data [...]

E-COMMERCE AND AIR CARGO: THE NEED FOR ENHANCED TRANSPARENCY

SPECIAL HANDLING CODE NEEDED FOR E-COMMERCE DUE TO AIR VOLUME CONSUMPTION E-commerce has sustained enormous volume growth over the last 18 months, commanding large portions of the global air markets. The exponential growth of the industry was kickstarted by the pandemic; and shows no signs of slowing. Retail sales are [...]

2024-06-27T20:49:41+00:00June 27th, 2024|Airfreight, Customs, Freight Talk, Industry Spotlight|

FREIGHT MARKET UPDATE | WEEK 26 | 2024

GLOBAL SUPPLY CHAIN NEWS: WEEK 26 Including capacity constraints, labor unrest, and the Port of Baltimore reopening following the Francis Scott Key Bridge collapse in March. TIGHT CAPACITY AND PORT CONGESTION The Red Sea crisis and container shortages continue to impact capacity. Vessel diversions around the Cape of Good [...]

2024-06-26T16:29:46+00:00June 26th, 2024|Freight Market, Freight Talk, Shipping News|

INDO-PACIFIC ECONOMIC FRAMEWORK (IPEF) COMMENTS FROM INDUSTRY SUMMARY

The U.S. Commerce Department recently solicited insights on strengthening supply chain resilience through the Indo-Pacific Economic Framework (IPEF). Diverse stakeholders, including trade associations and companies, have offered varying perspectives, such as restoring and trade liberalization, on achieving this critical objective. Federal Register: Request for Comments on Commerce Supply Chain Risk [...]

2024-06-25T17:58:37+00:00June 25th, 2024|Customs, Freight Talk, Industry Spotlight|

GREEN WORLDWIDE SHIPPING® EARNS 2024-2025 GREAT PLACE TO WORK CERTIFICATION™

We are pleased to announce that Green Worldwide Shipping® has earned the Great Place To Work Certification for second year in a row. 78% of employees rated Green Worldwide Shipping® as a great place to work, 21% higher than the average U.S. company. “Obtaining the Great Place To Work Certification [...]

2024-06-19T21:55:36+00:00June 19th, 2024|Freight Talk, Green News, News|

FREIGHT MARKET UPDATE | WEEK 25 | 2024

In Week 25, we continue to see capacity constraints, labor unrest, and equipment shortages strain the global supply chain. Building supply chain resistance into your logistics program will help mitigate or minimize shipping delays and inventory shortages. GLOBAL SUPPLY CHAIN NEWS: WEEK 25 LABOR UNREST: CANADA WEST COAST, U.S. [...]

2024-06-18T22:39:59+00:00June 18th, 2024|Freight Market, Freight Talk, Shipping News|
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