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.
FREIGHT MARKET UPDATE | WEEK 16 | 2024
The Week 16 Freight Market Update sees some relief to the global supply chain as the Panama Canal expects the rainy season to bring canal operations to near normal levels. Challenges, however, remain with potential labor unrest in Canada and vessel closures at the Port of Baltimore. PANAMA CANAL [...]
THE U.S. BAN ON RUSSIAN-ORIGIN METALS: WHAT YOU NEED TO KNOW
The U.S. Department of the Treasury enacted directives on Friday, April 12, 2024 that prohibit the import of Russian-origin aluminum, copper, and nickel into the U.S. These actions also limit the use of these Russian-origin metals on global metal exchanges and over-the-counter derivatives trading. This move supports the G7 Leaders' [...]
FREIGHT MARKET UPDATE | WEEK 15 | 2024
In this Week 15 Freight Market Update, focus remains fixed on supply chain disruptors and their impact on global logistics operations. PORT OF BALTIMORE The Port of Baltimore is currently in the process of resuming container operations following a temporary shutdown due to the collapse of the Key Bridge. [...]
PORT OF BALTIMORE PREPARING FOR REOPENING AFTER BRIDGE COLLAPSE
The Port of Baltimore is currently working towards handling containers within the next four weeks after shutting down because of the Key Bridge collapse. Starting in a limited capacity to containers as well as other freight (such as ro/ro) the port is targeting a full reopening by the end of [...]
FREIGHT MARKET UPDATE | WEEK 14 | 2024
Supply chain disruptions continue to pose challenges to global shippers. In this Week 14 Freight Market Update, we address the implications of the Taiwan earthquake, Francis Scott Key Bridge collapse operational challenges, and the ongoing challenges posed by low water levels in the Panama Canal. TAIWAN EARTHQUAKE The magnitude [...]
CUSTOMS BORDER PATROL: UPDATES TO THE ACE MONTHLY STATEMENT TOOLS
ACE MODERNIZATION SCHEDULE ANNOUNCED U.S. Customs and Border Protection (CBP) recently announced plans to modernize ACE Portal Periodic Monthly Statement (PMS) features. The new features include new event tracking, postponing DIS vehicle export document submissions, and enforcement of tighter Type 86 entry deadlines, while offering enhanced document imaging system status [...]
FREIGHT MARKET UPDATE | WEEK 13 | 2024
In this Week 13 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. BALTIMORE BRIDGE COLLAPSE Vessel traffic in and out of the Port of Baltimore is suspended indefinitely. Authorities are redirecting all traffic to the Harbor and Fort McHenry Tunnels which both see [...]
BALTIMORE BRIDGE TRAGEDY: SUPPLY CHAIN IMPACT
BRIDGE COLLAPSE Maryland Governor Wes Moore declared a state of emergency for the city of Baltimore after a container ship collided with a support column of the Francis Scott Key Bridge, causing a total collapse early in the morning of March 26, 2024. The Francis Scott Key Bridge stretched 1.6 [...]
UPCOMING OCEAN CARRIER ALLIANCES TO WATCH
In late February, members of the OCEAN Alliance (OA), CMA CGM, Cosco Shipping, Evergreen and OOCL, announced the extension of their partnership agreement for five more years. Solidifying this alliance provides some stability in the shipping sector, that has seen other alliances restructured or dissolved recently. The new agreement begins [...]
USDA ORGANIC REGULATIONS UPDATE: IMPLEMENTATION STARTS THIS WEEK
Implementation of the Strengthening Organics Enforcement (SOE) Rule goes into effect today, March 19, 2024. The new rule updates the USDA’s organic regulations, oversight, and enforcement for organic products including production, handling, and sales. The new rule also implements 2018 Farm Bill requirements, addresses industry requests for regulation updates and National [...]
FREIGHT MARKET UPDATE | WEEK 12 | 2024
In this Week 12 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. PANAMA CANAL Water levels in the Panama Canal are projected to decrease over the next two months, potentially dipping below 80 feet by early April. This decline will likely result in [...]
FMC’S FISCAL YEAR 2025 BUDGET: KEY HIGHLIGHTS AND PRIORITIES
The recently published Federal Maritime Commission (FMC) budget for Fiscal Year 2025 (FY25) demonstrates the Commission's focus on staffing, restructuring, case prioritization, OSRA implementation, and a new electronic case management system. These updates are part of the $48.4 million congressional funding request FMC submitted for FY25 - an increase of [...]
CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY
California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar in goal to SB-253 and SB-261, these rules are being introduced to reduce emissions from freight transportation activities. The agencies are being urged to delay the rules due to high [...]
FREIGHT MARKET UPDATE | WEEK 11 | 2024
In Week 11 of 2024's freight market update, we observe ocean carrier alliance announcements for 2024-2025, and provide updates on the situations in the Suez Canal, Red Sea, Gatun Lake, and Panama Canal. PANAMA CANAL & RED SEA Due to the current situation, many ships are impacts by the [...]
EU TAKES ACTION AGAINST FORCED LABOR: NEW IMPORT BAN RULE
EUROPEAN UNION ANNOUNCES NEW FORCED LABOR RULE The European Union (EU) announced March 5th that a deal had been reached on a new rule set regarding forced labor. Specifically, this new rule will ban imports suspected of being made with forced labor, outlining how the EU will investigate and penalize [...]
FREIGHT MARKET UPDATE | WEEK 10 | 2024
In Week 10 of 2024's freight market update, we observe railcar shortages in select regions while container supplies rebound elsewhere. Meanwhile, geopolitical challenges continue to impact freight transit times through the Red Sea and Panama Canal. CONTAINER SUPPLY There is an improvement in China, with main ports fully stocked, [...]
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.
FREIGHT MARKET UPDATE | WEEK 16 | 2024
The Week 16 Freight Market Update sees some relief to the global supply chain as the Panama Canal expects [...]
THE U.S. BAN ON RUSSIAN-ORIGIN METALS: WHAT YOU NEED TO KNOW
The U.S. Department of the Treasury enacted directives on Friday, April 12, 2024 that prohibit the import of Russian-origin aluminum, [...]
FREIGHT MARKET UPDATE | WEEK 15 | 2024
In this Week 15 Freight Market Update, focus remains fixed on supply chain disruptors and their impact on global [...]
PORT OF BALTIMORE PREPARING FOR REOPENING AFTER BRIDGE COLLAPSE
The Port of Baltimore is currently working towards handling containers within the next four weeks after shutting down because of [...]
FREIGHT MARKET UPDATE | WEEK 14 | 2024
Supply chain disruptions continue to pose challenges to global shippers. In this Week 14 Freight Market Update, we address [...]
CUSTOMS BORDER PATROL: UPDATES TO THE ACE MONTHLY STATEMENT TOOLS
ACE MODERNIZATION SCHEDULE ANNOUNCED U.S. Customs and Border Protection (CBP) recently announced plans to modernize ACE Portal Periodic Monthly Statement [...]
FREIGHT MARKET UPDATE | WEEK 13 | 2024
In this Week 13 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. BALTIMORE [...]
BALTIMORE BRIDGE TRAGEDY: SUPPLY CHAIN IMPACT
BRIDGE COLLAPSE Maryland Governor Wes Moore declared a state of emergency for the city of Baltimore after a container ship [...]
UPCOMING OCEAN CARRIER ALLIANCES TO WATCH
In late February, members of the OCEAN Alliance (OA), CMA CGM, Cosco Shipping, Evergreen and OOCL, announced the extension of [...]
USDA ORGANIC REGULATIONS UPDATE: IMPLEMENTATION STARTS THIS WEEK
Implementation of the Strengthening Organics Enforcement (SOE) Rule goes into effect today, March 19, 2024. The new rule updates the USDA’s [...]
FREIGHT MARKET UPDATE | WEEK 12 | 2024
In this Week 12 Freight Market Update edition, we explore significant developments impacting freight operations across various regions. PANAMA [...]
FMC’S FISCAL YEAR 2025 BUDGET: KEY HIGHLIGHTS AND PRIORITIES
The recently published Federal Maritime Commission (FMC) budget for Fiscal Year 2025 (FY25) demonstrates the Commission's focus on staffing, restructuring, [...]
CALIFORNIA EMISSION REGULATIONS FACING BACKLASH FROM REGIONAL FREIGHT INDUSTRY
California state and regional regulatory agencies are facing backlash from the freight transportation sector due to new emissions rules. Similar [...]
FREIGHT MARKET UPDATE | WEEK 11 | 2024
In Week 11 of 2024's freight market update, we observe ocean carrier alliance announcements for 2024-2025, and provide updates [...]
EU TAKES ACTION AGAINST FORCED LABOR: NEW IMPORT BAN RULE
EUROPEAN UNION ANNOUNCES NEW FORCED LABOR RULE The European Union (EU) announced March 5th that a deal had been reached [...]
FREIGHT MARKET UPDATE | WEEK 10 | 2024
In Week 10 of 2024's freight market update, we observe railcar shortages in select regions while container supplies rebound [...]
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The communication, service, and response time to any question, quote, issues have been great. Please let all of your staff both in the UK and China know how much I appreciate the great job they have been doing for us. Looking forward to wonderful business relationship and getting you even more international shipments.
