Tag: maritime

2024 has so far been a year with many potential risks and unknowns. Some of the risks and unknowns noted at the beginning of the year were supply chain delays, inflation, geographical conflicts, elections (India, U.S., Indonesia, South Africa, and Mexico to name a few), protectionism and a potential U.S. East Coast port strike. Out […]

What does a normal peak season look like? It’s when traditional supply and demand factors materialize before the holiday buying season. Peak season takes place from August through October, so importers have enough time to receive their products and place them on store shelves. Most orders happen in Q3 for Asian exports to key markets […]

On Thursday, June 9th, President Joe Biden launched an initiative to reduce ocean shipping costs, which the White House said has caused significant price increases. The White House released a video of President Biden talking to retail CEOs and is pushing the U.S. House to pass the Ocean Shipping Reform Act of 2022, which the […]

  As a few weeks ago, long haul freight wait-times were skyrocketing, coupled with associated price increases that left some vendors without options other than to pursue more expensive avenues to receive their goods on time. However, in recent days, the wavering U.S. Economy has slashed demand in many sectors across the nation – leading […]

The first effect of the Russia-Ukraine war in the economic field was felt in international trade. It is clearly seen that the effects of the Russia-Ukraine war spread rapidly to global supply chains. The war caused fuel prices to rise to the highest level in eight years. Rising fuel costs are affecting the manufacturing and […]