👏 Big news for the shipping industry! The ILA and USMX reached a breakthrough agreement just days before the January 15th contract deadline, averting a major port strike.
Container Imports To Increase
📦📈 Container imports are on the rise, and it’s shaping up to be a big year for global trade! 🌍 According to the National Retail Federation (NRF), January 2025 is forecasted to bring in 2.2 million more TEUs compared to January 2024. 🚢
E-commerce Growing Express Cargo
🚀 Boeing’s latest outlook reveals that e-commerce is fueling the rapid growth of express cargo, which could outpace general cargo by a stunning 33% by 2043. What does this mean for global trade?
Trump Is Imposing Tariff Hikes
The Trump administration is shaking up global trade. Starting January 20th, President-elect Trump plans to impose a 25% tariff hike on imports from Canada, and Mexico. This move can have major implications for global trade.
How To Ship Luxury Goods
💎🚚 Luxury Cargo on the Move! Shipping high-value items like jewelry, rare artworks, or high-end vehicles requires specialized care, precision, and security. 🌍✨ Whether importing or exporting, mastering the logistics is key to ensuring your valuable goods arrive safely.
Logistics for Electronics Imports
With electronics being a popular U.S. import, optimizing logistics for electronics imports can be an excellent opportunity for shippers. This article will explain how to improve the import process.
LNG Freight Rates Plunging
LNG freight rates for the Atlantic and Pacific basins have plunged to the lowest levels for October, with Friday’s rates dropping $20,750 and $36,000 daily—down 87% in the Atlantic and 78% in the Pacific since 2019!
What Is Multimodal Transport?
When shipping cargo internationally, it can be very beneficial to understand what is multimodal transport. Multimodal transport uses various modes of transportation to move cargo from the origin to the final destination.
Milton Disrupting Supply Chains
Hurricane Milton severely disrupted supply chains in Florida, affecting importers and exporters nationwide. With Florida being a key entry point, the ripple effects could last for weeks.
East Coast Port Protest Continuing
The ILA dockworkers have gone on strike at East and Gulf Coast ports as of October 1st, after negotiations with the U.S. Maritime Alliance stalled. They’re fighting for fair wages and protections against port automation, which threatens their jobs. As the strike continues, the impact on shipping and various industries is growing.