Inauguration Day Looms: Importers Brace for Potential Tariff Changes
President-elect Trump has pledged a sweeping overhaul of tariffs aimed at rebalancing global production and bolstering the U.S. economy. However, with just over 60 days left, many questions remain unanswered
January Strike Potential - USEC
As December approaches, stakeholders across the supply chain should begin bracing for potential disruption. With the threat of renewed strikes, shippers may find themselves out of time to implement alternative plans.
USEC Strike On the Horizon
“At this point, we’re at a standstill. We can’t even agree on the contract’s economic terms. We’re very far apart.”
Steamship Lines Aggressively Cut Rates
As September unfolds, pricing desks across the industry are being hit by a relentless wave of rate adjustments and amendments from steamship lines. The silver lining? These recent adjustments are all about cost reductions...
Massive GRI, The New Normal?
So why are we seeing such savage changes to costs? My thoughts are simple. Steamship lines have seen the levels of profitability…
Panama Canal Works To Increase Bandwidth
Panama Canal Authority plans to increase daily transits to 35 starting August 5, progressing incrementally from 32 to 33 on July 11 and reaching 34 on July 22
Canadian Rail Strike - Alert
Canadian rail workers, affiliated with the Teamsters Canada Rail Conference (TCRC), have overwhelmingly voted to reauthorize strike action and plan to strike at the earliest opportunity.
Canada - Rail - Strike Looms
We are only days away from the potential widespread rail strikes rendering Vancouver obsolete… temporarily.
Blank Sailings Persist!
Congestions Persists; 17% global capacity effectively gone due to Red Sea diversions.
Red Sea Crisis
Yesterday, there were four new attacks, one including a missile fired upon MSC Clara (missed the vessel) and later a Houthi ballistic missile successfully struck the oil tanker Swan Atlantic.
The ‘Fall’ of Ocean Rates
“Fall” describes more than the season as rates continue to dive…
Panama Canal Draught Restrictions
The impact to importers who utilize The Panama Canal to reach US east coast and gulf ports from Asia is measurable…
Largest Alliance 2M To Dissolve
The largest shipping alliance, between MSC and Maersk is being to dissolved.
Six Month Outlook
Today the import market saw yet another series of measurable decreases on freight costs