OCEAN RATES ARE INCREASING AGAIN WHY? Early summer is normally smooth sailing in the freight forwarding world so recent unanticipated rate hikes have both importers and exporters asking “why?” While there is no singular definitive explanation, here is an overview of...
The crystal ball is murky. Ocean shipping industry pundits are currently speculating congestion and record industry pricing will persist well into 2022. With so many factors at play, it’s becoming harder to predict exactly when the shipping industry and supply chains...
