by Jon Sabel | Jul 11, 2022 | Market Reports
Rate & Market Information Spot rates to both USWC and USEC have started to drop although inflation remain high as some US importers are reducing orders. However, it is still uncertain what the market will be like in the second half of 2022 as there are different...
by Jon Sabel | Jul 5, 2022 | Industry News, Supply Chain Roundup
This week: New legislation passed through the House of Representatives hopes to boost US exports by giving carriers berthing preference on vessels loading with a significant cargo of US export containers or who make calls to multiple US ports. Retailers frontloading...
by Jon Sabel | Jun 28, 2022 | Industry News, Supply Chain Roundup
This week: Small carriers gain ground in the Asia-US Eastbound market against the largest carriers Army corps approves dredging project for the Port of New York and New Jersey US chassis shortage has no immediate end in sight High supply chain costs from 2021 are not...
by Jon Sabel | Jun 21, 2022 | Industry News, Supply Chain Roundup
This week: President Biden signs the Ocean Shipping Reform Act 2022, the most significant shipping reform act to become law in more than 20 years Trans-Atlantic shipping schedule delays expected to continue through 2022 and into next year South Korean ocean carrier...
by Jon Sabel | Jun 14, 2022 | Industry News, Supply Chain Roundup
This week: Estimates from the Sea-Intelligence Maritime Analysis show that since 2020, shippers have lost as much as $10 billion due to supply chain congestion and port delays Maersk announces plans for new reefer cold-storage facility in Dayton, New Jersey Blank...