News & Resources

Following the recent Baltimore Bridge collapse and subsequent port closures, we want to keep our customers informed about the situation and potential impacts on our supply chain in the coming months. Impact Assessment & Bridge Rebuilding Timeline Passage to and…

A growing coalition of 47 countries, including key players like the European Union, Canada, Japan, and various Pacific Island nations, is championing the introduction of a carbon levy on the international shipping sector’s emissions. This movement represents a notable uptick…

The global logistics outlook indicates a lingering crisis mode, requiring adaptation to the new normal of accelerated global disruptions, be it environmental or geopolitical. Industry executives told the Journal of Commerce’s TPM24 conference earlier this week that shippers should be…

Warehousing landlords are poised to earn more profit this year without expanding their property, as leasing rates are projected to rise despite a slowdown in demand. According to data from real estate company Colliers, warehouse costs in the US have…

Mexico Surpasses China as Top US Trade Partner New data released earlier this month by the Commerce Department shows that Mexico has surpassed China as the Top US trade partner. In 2023, Mexico became the leading source of goods imported…

Transportation prices have grown for the first time in 19 months, with the Logistics Managers’ Index (LMI) rising to 55.6 in January, indicating overall expansion. The increase is attributed to heightened inventory restocking by retailers after a busy holiday season,…

December 5, 2023, 4:00PM Ruth Liao Bloomberg The Panama Canal continues to face tonnage restrictions and a decrease in the number of daily transits, resulting in delays, prompting vessels to choose between paying hefty fees to expedite their passage or…

Ocean carriers on the Asia-Europe trade route are implementing two rate hikes in December to boost prices before annual contract talks despite excess capacity hampering rate increases. Carriers are aiming for FAK rates between $1,750 and $1,800 per FEU on…

Monday, November 27 The White House has created a cabinet-level supply chain council to tackle large-scale supply chain challenges. The Biden administration has revealed an extensive plan to tackle U.S. supply chain-related issues this week, including addressing inflationary price hikes…