Tariff Update: Where things are heading next
The buzz around tariffs has settled down over the last few weeks. Progress is being made in many areas, so the purpose of today’s post is to share an update and the latest details, in follow up to last month’s…
+ Read Full PostTariffs are once again dominating the headlines, reshaping the global trade landscape with implications that shift almost daily. As of mid-April, businesses navigating international supply chains face mounting uncertainty—new tariffs and trade measures are rapidly evolving, impacting costs, lead times,…
+ Read Full PostOn May 1st, CN (Canadian National Railway) and CPKC (Canadian Pacific Kansas City) rail workers voted overwhelmingly to authorize a strike as soon as May 22nd if they are unable to reach new agreements around higher wages and better scheduling,…
+ Read Full PostFollowing 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…
+ Read Full PostOcean 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…
+ Read Full PostThursday, March 30 – The long-awaited ocean carrier alliance reorganization is set to rollout April 1, 2017. Here is an overview of the soon-to-be former alliance structure compared to the reorganized structure: Ocean Carrier Alliance Overview Infographic. (*when the infographic appears, click on it to…
+ Read Full PostAug 31, 2016 – Today, global transportation giant Hanjin Shipping filed for bankruptcy protection, a day after the company’s creditors discontinued financial support. The South Korean shipping company is the world’s 7th largest steamship line by volume, and has been…
+ Read Full PostApril 11, 2016 – The International Convention for the Safety of Life at Sea (SOLAS) has amended its convention to mandate “Container Weight”. The mandate requires the weight of cargo loaded containers be certified before loading on a vessel. Cargo…
+ Read Full PostJanuary 22, 2016 – Ports America announced on Tuesday that they are terminating their 50 year lease in the port of Oakland. They want to focus their attention on their other US ports to prepare for the arrival of mega-ships.
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