Freight Talk Blog2024-01-23T21:04:10+00:00

latest publications

Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

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 [...]

July 26th, 2024|Categories: 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 [...]

July 23rd, 2024|Categories: 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 [...]

July 18th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

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 [...]

July 18th, 2024|Categories: Customs & Compliance, Freight Talk, Import, Industry Spotlight, Shipping News|

NORTH AMERICAN DOCK WORKERS: CONTRACT NEGOTIATIONS UPDATES

Contract negotiations between several North American Dockworker unions and ports have the potential to snarl port operations and the movement of freight. The International Longshore and Warehouse Union (ILWU) Canada and the International Longshoreman's Association (ILA) in the U.S. are advocating for their members to agree to new contract terms [...]

July 12th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

FREIGHT MARKET UPDATE | WEEK 28 | 2024

This week's Freight Market Update brings good news for shippers choosing the U.S. West Coast ports as capacity is loosening. Week 28 started with a category 1 hurricane bringing the U.S. Gulf Coast supply chain to a temporary halt while German dockworker strike stopped port operations in Hamburg, Germany. [...]

July 10th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

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 [...]

July 8th, 2024|Categories: Airfreight, Domestic, Export, Freight Talk, Import, Shipping News, Warehousing|

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 [...]

July 3rd, 2024|Categories: 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 [...]

July 3rd, 2024|Categories: 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 [...]

July 2nd, 2024|Categories: Customs, Customs & Compliance, Freight Talk, Industry Spotlight|

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 [...]

June 28th, 2024|Categories: Customs, Customs & Compliance, Freight Talk, Industry Spotlight|

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 [...]

June 27th, 2024|Categories: 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 [...]

June 26th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

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