Tag: shipping

  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 […]

  As Shanghai emerges from a two-month long lockdown, pent-up demand may continue to flood the already congested Southern California ports. According to Drewry Shipping Consultants, there were about 260,000 TEUs that did not ship out from Shanghai during April. If the reopening after Chinese New Year is any indication of what is to come, […]

It’s time to talk about the elephant in the room for ocean carriers: reduced service quality. We are reading every day about new investments of ocean carriers to extend their core ocean freight services to more value-added services that require more integration with their customers. We are seeing them extending to last-mile deliveries, customs clearance, […]

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 […]