Industry Insights

Port disruption continues to impact freight forwarding

Port disruption continues to impact freight forwarding due to a variety of factors. Surging demand for goods being shipped from Asia to North America along with Asia to EU trade. Lack of vessel space Container shortages related to labor disputes, congestion and...

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2021 freight forwarding predictions

The last year has been an experience we’d all like to forget but will always remember. For supply chain professionals who depend on importing and exporting, the word unique just isn’t enough. COVID, port shutdowns, blank sailings, port congestion, container imbalances...

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Equipment Imbalance Surcharge notice to Asian importers

Effective the week of Nov. 30, an Equipment Imbalance Surcharge (also called an Emergency Intermodal Surcharge) will be assessed per notices we've received from select carriers. The carrier charge will affect port and rail import shipments from Asia. CMA, ZIM and MSC...

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What a long strange year its been for import companies

By Susan Trautman (As published in Inside Indiana Business Perspectives) Wondering why you can’t get that new washer/dryer delivered next week, find your favorite products on store shelves or even get a desk for your newly discovered home office? Chalk it up to the...

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Chinese say: Add capacity, less aggressively increase rates

Chinese authorities have asked major container lines to inject more capacity and less aggressively raise rates in the trans-Pacific trade as spot rates hit highs. According to the JOC.com report, representatives from the Chinese ministry of transportation and...

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U.S. imports landed… now what?

In August, we shared an update about the surge of shipments that came into the United States top ports: LA/Long Beach and New York/New Jersey. In fact, U.S. seaborne imports hit a record high in August after containerized freight shipments rose by 5.9% year over year...

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Nation’s top ports realizing recovery

July U.S. imports surge; Blank sailings decline July trade reports are out for inbound container volumes to U.S. ports and point to recovery. Both west and east coast port officials say they’re seeing a surge of inbound volumes and reduction in blank sailings. On the...

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Hong Kong goods relabeled Made in China

Advisory Notice Update On Aug. 24 we issued an update to the original advisory that is below. An additional 45-day compliance period has been granted to relabel goods made in Hong Kong to Made in China Compliance for Hong Kong Normalization has been extended for an...

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Recalculating steamship routes and rates from Asia

Peak shipping season is coming, and Midwest manufacturers continue to work to recover the year. The Cargo Services team sees headwinds and strongly recommends now as the time to carefully review supply chains to determine if there are options to save cash by shipping...

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Transpacific shipping update

The Cargo Services team works with hundreds of freight forwarding professionals around the world. We are working to stay updated on the global freight system to ensure cargo for clients moves as expected. Here’s a summary of what we’re hearing and reading related to...

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