Transportation has been referred to as a “perfect market,” meaning no single party controls the entire market enough to affect rates. Instead, the market fluctuates based on supply and demand. If supply (equipment) is abundant and there is less freight available, rates go down; if capacity is tight and shipment volumes are greater, prices go [...]
Los Angeles and Long Beach Terminal Congestions There have been numerous articles published on this topic in various trade journals showing how almost everyone in the supply chain is being impacted by this congestion. The Federal Maritime Commission hosted a few open forums to discuss this situation. C.H. Robinson and other Beneficial Cargo Owners (BCOs) [...]
An interview with Thomas J. O’Donnell, attorney at Clark-Hill, PLC. Trek Leather, Inc., and its owner were found guilty by the Court of International Trade (CIT) in 2011 for violating 19 U.S.C. §1592 for the undervaluation of imported merchandise. United States v. Trek Leather, Inc., and Harish Shadadpuri, 781 F.Supp.2d 1306, (CT.Int’l Trade, 2011). This [...]
Editor’s Note: On July 2, Mike Otto contributed a blog post for The Road®. We’re sharing his original post here because it is a timely topic. Please share your thoughts and read the blog post, Fourth of July: Logistics Fun Facts. Whether the Declaration of Independence was actually signed on July 2, 1776, or August 2, [...]
LTL carriers break their direct shipment costs down into pickup, origin dock, line haul, intermediate dock (break bulk), destination dock, delivery...
The increased interest has exposed many misconceptions within the shipping community, which otherwise cloud the fundamentals of cross-border transportation.