As the world celebrated International Women’s Day on March 8th, the global trade community watched 11 countries, excluding the United States, sign on to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) in Santiago, Chile, removing up to 98% of tariffs for member-nations trading across Asia. Minutes later, U.S. President Donald [...]
With temperatures 40 degrees below zero, extreme weather in Northern Corridor of Canada continues to disrupt rail lines. The impact affects the ability for locomotives to generate enough air flow for the train’s braking system. WHAT SHIPPERS CAN EXPECT: capacity, train lengths, and velocity have decreased; ocean port terminals Halifax, [...]
On Thursday March 8, 2018, President Trump defied domestic and international critics and signed orders to impose 25% tariffs on steel and 10% on aluminum imported into the U.S. The action was taken in defense of American industry and leverage as the President re-negotiates NAFTA, the North American Free Trade [...]
Following two winter storms in one week, the Northeast can’t catch a break. Cities like Boston and Nantucket experienced up to 3 feet of snow, while Green’s New Jersey office took on 6 inches. Here’s how East Coast ports are dealing with the arctic blast. Due to strong wind gusts [...]
While most shippers concentrate on negotiating April carrier contracts, or finding the right freight forwarder, to meet their 2018 goals, they should have noticed a much more prevalent issue happening creeping up, right here at home. U.S. trucking is in a tenuous state - capacity is tight, chassis are non-existent, [...]
Service contract season is just around the corner, and international shippers are asking themselves the age-old question, “are direct carrier contracts right for us?” Chances are, you’ve either hedged your bets by pairing with an NVOCC for flexibility, or are still weighing the advantages of fixed, annual pricing with a [...]
Nationwide, importers are struggling to get cargo containers picked up from U.S. ports as congestion and chassis shortages compound delays from winter storms and peaking consumer demand. When ocean carriers took themselves out of the chassis business, the industry stumbled to adjust; now, as we enter the dawn of mega-vessels, [...]
As Lunar (Chinese) New Year approaches, supply chain managers have begun their yearly, rigorous evaluation of freight services. From rate-shopping to cost-cutting, many annual initiatives are based on the projected market outlook. Here are the 2018 container freight market trends to watch: DEMAND & CAPACITY Two years ago, steamship lines [...]
Following frigid air temperatures and unexpected snow, the following terminals are expecting delays and/or closures on January 4, 2018: PORT TERMINALS Boston Conley Terminal: Closed SCPA Terminals in Charleston: Scheduled to resume terminal operations today at 1:00PM *South Carolina DOT has issued truck restrictions on I-526 and I-26 Savannah: Scheduled [...]
Shippers may have enjoyed a brief respite as they closed year-end inventories and celebrated the holidays with family and friends. But, with a New Year comes a fresh shipping cycle - and rates are already on the move. Spot rates from Asia increased across the board as we brought in [...]
