Tag: Ocean Freight

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 […]

Demurrage and detention charges are intensively unpleasant for the customers who use container transportation. On the other hand, these charges are crucial tools for carriers to keep container flow and yard stock. We will examine what are these charges and their purposes. We will also try to find out some ways to avoid these charges […]

Several global freight forwarders have suspended some services and shifted others from land to the ocean or air to avoid restrictions and disruptions in Russia and Ukraine. Freight disruptions are emerging in Europe and Asia, driven by Russia’s invasion of Ukraine, causing delays to the movement of goods and causing higher shipping costs. Forwarding executives […]

Shipping companies have significantly reduced their cargo numbers since Covid-19 hit the world. The flow of the import and export of goods was affected suddenly and has exacerbated the empty container issue. American regions couldn’t send back empty containers to be returned to Asia due to Covid-19 restrictions. Later, 2021 arrived with port congestion issues, […]