After securing some of the lowest trans-Pacific contract rates in years, U.S. importers are feeling tinges of anxiety, and with good reason.
As you read this in early July, some reality will have set in if the proposed solutions to the SOLAS container weight mandate we’ve been hearing about are workable.
Outdated and unfair regulations leave shippers with no choice but to pay the excessive rates of their sole railroad.
Ed Emmett has been fascinated by how transportation and public policy affect each other and influence the way people live and work.
Digitalization offers logistics companies the possibility to generate better margins in their troubled industry through intelligent, automated pricing.
Using a 12-month rolling average, which will eliminate the seasonality problem, may best determine port market share.
A shipment from China is cleared, but U.S. Customs later discovers it contained a commodity subject to a 382 percent anti-dumping duty. Is a forwarder guilty of breach of contract? 
“Contracts” in the container shipping industry essentially are loose handshake agreements put to paper, where there are no penalties for non-performance.
There’s nothing to preclude parties from agreeing to modify the effective date of a transportation contract. Such agreement would be an amendment to the contract itself. As long as there was no conflict between the parties, such an amendment could even be an oral one.
For freight forwarders to register steady and positive growth they must set themselves apart from the competition by creating additional value for customers wherever possible.
Ports are well-positioned to handle the container volumes coming their way over the next decade and beyond. The same can’t be said for the congested roads, rails and other surface connectors in and around ports, where capacity will need to grow 10 percent by 2030 in North America and a staggering 68 percent in Asia, according to the International Transport Forum.
Uber’s business approach to connecting drivers with passengers for ride sharing has been part of the freight industry since the 1980s with the presence of brokers such as C.H. Robinson Worldwide, Landstar, Echo, XPO Logistics, TQL, Coyote and more than 1,000 smaller companies.
A recent call with a private equity investor, someone looking to better understand container shipping, was revealing. As the conversation ensued, it was apparent he was having trouble understanding how pricing is set in the industry.
The evidence is overwhelming that the younger the driver, the greater the risk of road accidents and fatalities.