FIATA calls for renewed detention and demurrage fees to pre-pandemic levels
The International Federation of Freight Forwarders Associations has cited the easing of container volume surges and the unclogging at the nation’s largest ports for a reason for the adjustment.
The logistics of drug trafficking is a global problem
The logistics of drug trafficking involve the movement of illegal drugs, such as cocaine, heroin, and methamphetamine, from production sites to distribution centers and ultimately to the end user.
World’s largest shipping company MSC is betting on global economy rebound
Often viewed as a barometer for global trade, Mediterranean Shipping Company is claiming that it expects the ocean container market to grow in late-2023.
Negative opinions of China seem to be the only unifying issue in Congress
Both US Republicans and Democrats have been slamming China, making the tension between the two countries one of the only bipartisan issues on the docket.
Russian oil is hitching a ride around the world on a ghost fleet
Buyers across the globe are still buying up Russian oil, despite heavy sanctions layered by the US and the EU on the product.
EC Digital Products Passports laws, incoming
This regulatory framework has been in the works for awhile - a digital product passport developed as a tool to help companies demonstrate compliance with standards.
De-globalization is being blocked by a world trade “boom”…
Countries that are heavily involved in global trade are more likely to resist calls for de-globalization because they are more aware of the benefits of trade.
Stagnant container ships are betting on China’s economic recovery
China is a major player in global trade and a significant portion of the world's goods are manufactured there.
Chip manufacturing is the most vulnerable supply chain in the world
Economic historian Chris Miller, a professor at Tufts, is tackling the challenges associated with the semiconductor industry with their new book, "Chip War: The Fight for the World's Most Critical Technology”.
Russia is struck with a 200% tariff on aluminum by the US
Russia’s invasion of Ukraine celebrated its one-year anniversary last week, and the White House marked the occasion by announcing $2.7 billion in new duties on metals and raw materials from the country
The global air freight market may be signaling the end of globalization
Globalization is a complex and multifaceted process that involves the integration of economies, cultures, and societies across national boundaries.
Global supply chain pressure is on a pendulum swing post-covid
Initially, the sudden surge in demand for essential goods, such as medical supplies and food, resulted in shortages and stockouts.
Cyberattacks are a major global risk
Cyberattacks are a growing threat to global supply chains, and they can result in significant disruption, financial loss, and reputational damage.
Missouri welcomes many new distribution centers
The combination of Missouri's central location, transportation infrastructure, business-friendly environment, proximity to major cities, and availability of real estate make it an attractive location for distribution centers.
The Asia shipping market is looking sluggish in 2023
The global economy has been experiencing significant uncertainty in recent years, with concerns about a potential recession, geopolitical tensions, and other factors weighing on consumer and business confidence.
Regionalism is trending, with no signs of stopping
The global shipping industry has traditionally operated on a global scale, with vessels crossing oceans and continents to transport goods from one part of the world to another.
West Coasts labor talks have promising progress in the near future, says LA Port director
Los Angeles port director Gene Seroka is attempting to calm the waters after nearly a year of labor talks with the port workers union.
For 20 years, London’s Congestion Charge has proven successful
London's Congestion Charge is a fee imposed by the government to drivers who wish to enter certain parts of central London during designated times.
European middlemen to Amazon are being cut out of the deal
The latest effort of Amazon is to cut as many costs as possible, including buying products directly from brands instead of using middlemen.
Pakistan’s failing economy is forcing ports to shut down operations
Unable to fund imports due to the country’s depleting foreign currency reserves, Pakistan is abandoning containers full of goods at the ports.