Logistics industry specialists can look to Transplace’s Logistics Quarterly Market Update and Outlook Report to gain insights from Q2 2020 and an outlook for what’s to come. The report spotlights the impact of the COVID-19 pandemic on the global supply chain. Using proprietary analytics and benchmarking statistics from Transplace’s $9+ billion in freight-under-management, the quarterly…
Tag: international
By: Mollie Bailey, Vice President, International, Transplace & Linda Bravo, Director U.S. Customs Brokerage, Transplace While recent news headlines have been dominated by the ongoing trade discussions between the U.S. and China, a new ruling from arbitrators at the World Trade Organization (WTO) may have flown under the radar. This ruling is sparking a new conflict…
By: Mollie Bailey, Vice President, International, Transplace Earlier this year, we shared some important information about the International Maritime Organization (IMO) announcing a new standard regarding the acceptable levels of sulfur oxides (SOx) emissions in bunker fuel – all in an effort to reduce air pollution from container ships. With less than six months to…
By: Mollie Bailey, Director, International, Transplace Fuel surcharges have been a topic of conversation and negotiation for carriers and shippers alike for many years. Fuel is a huge percentage of a carrier’s overall cost for operating their business, and carriers have historically utilized various fuel surcharges, from “emergency” to “interim,” in order to pass along…
By: Mollie Bailey, Director, International, Transplace As headlines surrounding new tariffs may have shippers concerned about their potential impact, it’s important to keep ahead of the headlines. The industry is already well into the traditional peak season import period (which is July through November annually), and importers are ramping up for the upcoming holidays. However,…
By: Linda Bravo, Corporate Customs Broker, International, Transplace There have been many recent headlines surrounding international trade and the potential impact of a number of tariffs being put into place by the U.S., most notably the tariffs on steel and aluminum last month. These tariffs affect all shippers who may be importing or exporting from…
By: Mollie Bailey, Director, International, Transplace International transportation is dealing with ongoing challenges of tighter capacity. From import space and export space tightening up and a hot drayage market causing capacity constraints to volatile air freight rates – international transportation has had its share of challenges the last 10-12 months. Carrier Consolidation, Heavy Holiday Season…
What used to be four primary ocean carrier alliances has now transformed into three different ocean carrier alliances, which kicked off services on April 1. The new alliances represent 77% of global container capacity and 96% of all East-West trades’ container capacity. While the changing atmosphere of new ocean carrier alliances for containerized cargo isn’t…