A customs broker can be incredibly valuable to businesses as they assist with navigating the complex legal requirements of customs clearance. What does a customs broker do? Are their services…
READ MORE >The globalization of supply chains has brought numerous advantages to businesses and consumers. However, this expansion has significantly impacted the environment — larger supply chains require more energy, producing more carbon emissions.…
READ MORE >U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition (source: Offshore Energy).
READ MORE >With container spot rates below ocean carrier unit operating costs on some routes, shipping lines are increasingly focusing on billing customers with a myriad of surcharges to boost revenue in what is predicted to be a tough period (source: The…
READ MORE >Choosing between a common carrier and a freight forwarder can seem complicated. These service providers offer specific solutions depending on your business's requirements, making it complex to determine which is…
READ MORE >The Panama Canal is being squeezed shut by drought and forcing shippers worldwide to face a painful choice. They can wait in line for days or weeks, pay millions of dollars to jump ahead in the queue, or they can…
READ MORE >Beijing is considering a proposal to construct a massive integrated super port across islands south of Hong Kong, consolidating regional port resources to challenge Singapore’s shipping hub status. The infrastructure project, potentially costing over $20bn, is also envisaged as a…
READ MORE >Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have so far remained stubbornly low, which will make new contract negotiations onerous for carriers. Meanwhile, on the transpacific, there was more encouraging news…
READ MORE >Ocean carriers are refocusing their strategies away from the traditional, but oversupplied, east-west routes, seeking growth in north-south trades – although the burgeoning Indian export market is an outlier. According to a survey by Alphaliner, African trades recorded the highest…
READ MORE >