From small businesses to large corporations, many are navigating the complex world of importing personal protective equipment (PPE) for employees, family members, and customers as businesses reopen across the globe.
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.
Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Typically, holiday peak season volumes ramped up in July, with August and September being the busiest months, and volumes tapered off in October.
There’s no doubt that globalization has resulted in more complex and expansive supply chains. But at the same time, today’s customers also want to get their orders faster, so businesses must be more responsive. Staying ahead, then, often seems to mean balancing those two dueling demands. And among different global shipping options like air, ocean [...]
Transporting goods around the world is not without certain risks. And if you’ve ever shipped something internationally, you realize just how many things could go wrong while goods are in transit. That’s where cargo insurance comes in.
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 [...]
In a typical year, shipping by air and ocean follows a fairly predictable pattern of peak and slow times. However, this year is different as companies try to get ahead of new tariff implementations in the Transpacific Eastbound (China to U.S.) lane. Many shippers in this lane have ramped up their shipping early, while others [...]
What’s Happening in the Transatlantic’s Ocean Shipping Lane | Transportfolio Certain trends in capacity, rates, and tariff activity have conspired to create an especially dynamic holiday season for ocean shipping in the Transatlantic lane. It’s never too late to understand the forces at work that have created the current market, or to explore ideas that [...]
How General Average Could Ruin Your Ocean Cargo Deliveries | Transportfolio Do you ever worry about experiencing a general average declaration for your ocean shipments? It’s time to assess what’s at stake and think about how you can minimize your risk. Start by building your knowledge of how general average works, how it can impact [...]
Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. Unfortunately, it’s the best way to describe what is happening right now in the air and [...]