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.

NEW GREEN FUEL PRICING PROPOSAL MUST FIND COMMON GROUND WITH CURRENT EU CARBON TAX

The World Shipping Council (WSC) is looking to submit a proposal for a new global green fuel pricing mechanism which would encourage a shift from fossil fuels to greener alternatives from ocean carriers. This proposal would have to figure out a way to work alongside or replace the current Emissions [...]

February 20th, 2024|Categories: Freight Talk, Shipping News, Sustainability, Uncategorized|

NEW CALIFORNIA CLIMATE REPORTING LAWS

California recently enacted two climate disclosure acts SB-253 Climate Corporate Data Accountability Act and SB-261 Greenhouse Gases: Climate-Related Financial Risk. These new legislative documents make it mandatory for many companies operating in California to report both quantitative and qualitative climate information. These laws are expected to have a significant [...]

February 16th, 2024|Categories: Freight Talk, Industry Spotlight, Shipping News, Sustainability|

CBP RELEASES NEW GUIDE TO SETTING BOND AMOUNTS

A GUIDE FOR THE PUBLIC: HOW CBP SETS BOND AMOUNTS The U.S. Customs Border Protection (CBP) agency recently released a Guide for the Public: How CBP Sets Bond Amounts updating the 1991 Directive - Monetary Guidelines for Setting Bond Amounts. The revised publication is an effort to update and standardize CBP's bond policy [...]

February 15th, 2024|Categories: Customs, Customs & Compliance, Freight Talk, Import|

USMCA IMPACT ON AUTO INDUSTRY: ADDRESSING COMPLIANCE & REGULATORY HURDLES

As the automotive sector in North America continues to evolve under the guidelines of the United States-Mexico-Canada Agreement (USMCA), stakeholders are offering insights and recommendations to address ongoing challenges. Ahead of the upcoming annual report by the Office of the U.S. Trade Representative (USTR) on the impact of USMCA rules, [...]

February 8th, 2024|Categories: Freight Talk, Shipping News, Uncategorized|

FMC URGED TO CURB ACCELERATED RED SEA FREIGHT SURCHARGE IMPLEMENTATION

Since December 21st, the Federal Maritime Commission (FMC) has granted seven emergency waivers to container lines, allowing for the rapid implementation of surcharges on ocean freight tariffs, bypassing the customary 30-day notice period. These surcharges aim to offset the increased operational costs incurred by ocean carriers diverting from the Suez [...]

February 8th, 2024|Categories: Freight Talk, Shipping News, Uncategorized|

FREIGHT MARKET UPDATE | WEEK 06 | 2024

In the freight market update for Week 06 of 2024, we see continued volatility with some lanes experiencing increased demand and others facing capacity constraints. LUNAR NEW YEAR The Lunar New Year begins on February 10, 2024 and lasts through February 17, 2024. Manufacturers typically shut down for 7-14 [...]

February 7th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

GREEN WORLDWIDE DONATIONS ADVANCE U.N. SUSTAINABLE DEVELOPMENT GOALS

GREEN WORLDWIDE 2023 Q4 TREES DONATION IMPACT Green Worldwide Shipping® proudly supports Trees for the Future (TREES) by planting a tree for each shipment, customer, and employee. The company is pleased to announce the donation of 23,289 trees in 2023 Q4 to support TREES' work training farmers in nine [...]

February 1st, 2024|Categories: Freight Talk, Green News, Sustainability|

GERMANY AIRPORT LABOR STRIKE CREATES AIR CARGO CHALLENGES

On Thursday, February 1st, security staff at German airports will go on strike. As a result, most passenger flights departing from Germany that day will likely be cancelled. This recent labor action comes on the heels of a German rail strike last week. AIR CARGO CHALLENGES Lufthansa has advised travelers [...]

January 31st, 2024|Categories: Uncategorized|

FREIGHT MARKET UPDATE | WEEK 05 | 2024

In the freight market update for Week 05 of 2024, we see continued volatility with some lanes experiencing increased demand and others facing capacity constraints. Ships continue facing threats from Houthi rebels in the Red Sea despite U.S. naval assistance. Recent reports show a 30% decrease in ship traffic [...]

January 30th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

GERMANY: RAIL STRIKE EXPECTED TO IMPACT LOCAL PORTS

WEEK-LONG RAIL STRIKE German rail workers are in the midst of a week-long nationwide strike over working conditions and pay disputes. The Gewerkschaft Deutscher Lokomotivführer (GDL) initiated the strike. Spanning from January 23 to January 29, 2024, the labor action involves locomotive drivers, dispatchers, and other transport sector employees. [...]

January 26th, 2024|Categories: Export, Freight Talk, Import, Industry Spotlight, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 04 | 2024

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 [...]

January 25th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

FMC ANNOUNCES HEARING ON RED SEA SHIPPING CONDITIONS

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 [...]

January 19th, 2024|Categories: Freight Talk, Import, Industry Spotlight, News, Shipping News|

MAERSK AND HAPAG-LLOYD ANNOUNCE GEMINI COOPERATION FOR 2025

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 [...]

January 18th, 2024|Categories: Freight Talk, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 03 | 2024

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.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]

January 16th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

FREIGHT MARKET UPDATE | WEEK 02 | 2024

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.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]

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

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