Welcome back! 2022 arrived fiercely, without surprise… Market demand surged ahead of Chinese New Year, sailings went fully booked, vessels were cancelled held in congested ports, many of the shippers in Asia were unable to provide trucking arrangements to fulfill container slots they had secured. Enter February; a bit of reprieve from the never-ending frustrations […]
CONSUMER SPENDING + SUPPLY CHAIN In Q2 of 2020 we saw US GDP contract by 31.7%. This contraction was the ending to the longest economic expansion on record, followed by the worst quarterly downturn ever. In response, experts are predicting some 30.8% annualized growth setting yet another record. Driving the anticipated bounce back is major spending from the
September marked the highest levels of international freight rates in history! You read that right, the highest ever! International shipping rate levels from China and greater Southeast Asia to the United States have been ever-increasing since late April this year. Importers have witnessed a constant and continuous march upwards, month by month. Good news is
