Tag: supply chains

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 […]

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 […]

  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, […]