While the global logistics industry has not been a stranger to disruption this past year, the congestion at the Port of Yantian in China, is starting to impact the market at an exceptionally high level – At the current pace, it’s going to be even more disruptive than the Suez Canal blockage this spring and […]
The Ever Given vessel is floating, but the ship is not out of hot water. In fact, Egyptian authorities said it will remain in the Suez Canal until they are compensated by the vessel owners for the damage, labor, and disruption caused. Although the cargo on the Ever Given is still at a standstill, other […]
Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. Compared to the 1,382 containers on average lost per year between 2008-2019 as reported by The World Shipping Council, that’s a big jump. What’s the reason for it? As you may have expected, there’s not a simple, […]
The coronavirus outbreak, which is severely affecting business operations around the globe, was recently declared a global pandemic by the World Health Organization. C.H. Robinson continues to monitor the situation in the U.S. and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due […]
The latest revision of International Maritime Organization (IMO) regulations, known as IMO 2020, calls for cutting emissions of sulphur oxide (SOx) from ocean vessels to less than 0.50% m/m. This bold initiative, which goes into effect on January 1, 2020, will help reduce the environmental impact of the international shipping industry.
What a difference a year can make! This has been an interesting year for the ocean shipping industry. Ocean carriers were mostly profitable at the end of 2017, but that trend eroded quickly in the first half of 2018. And, with fewer carriers now in business—a result of past consolidations—carriers are finally focusing first on […]
The truncated times required for LCL shipments in comparison to FCL allow you to reduce your inventory and place order based on demand.
5 Things to Know Before Negotiating Ocean Shipping Contracts This Year | Transportfolio The 2018-19 contract season for ocean shipping is here, and it’s time to think about the best way to approach negotiations. Of course, you want to control costs, consider options, and mitigate risks, but it will also be important to keep these […]
Global Shipping Trends: What to Expect in 2018 | Transportfolio Overall, 2017 has been a good year for the ocean shipping industry. It’s a big switch from 2016, when the bankruptcy of Hanjin, one of the largest container shipping providers, forced everyone to confront how volatile this industry really is. Now, at the tail end […]
4 Factors to Help Negotiate Better Ocean Shipping Contracts This Year| Transportfolio The 2017-18 ocean shipping contract season is underway. As you evaluate your budget and ponder the best way to approach negotiations, you will want to keep costs down, consider options, and mitigate risks. But this year, there are four other key points you […]