Tag: shipping

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 is a Wharfage Charge? A wharfage charge is a charge traditionally collected by ocean carriers in the U.S. to cover the fee(s) charged by the wharf and/or port authority. Per FMC Regulations, 46 CFR 525.1(c), “Wharfage means a charge assessed against the cargo or vessel on all cargo passing or conveyed over, onto, or […]

  Despite an ongoing war between Ukraine and Russia and worsening tensions over Taiwan, trade between China and the U.S. proceeds at a high level. More than a third of the containerized imports coming to America are from China. The U.S. buys more than one sixth of China’s total exports. But, lately, these situations have […]

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 […]