01 Oct 2024

East Coast Port Strike Begins, Sparking Fears of Shortages and Price Increases

As of 12:01 A.M., October 1st, 2024, the long-anticipated strike by the ILA (the International Longshoremen’s Association) has officially begun, leading to a complete shutdown of all U.S. East and Gulf Coast ports until further notice. This development means that no cargo can move in or out of these ports. Our sources indicate that the […]

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15 Sep 2024

Airfreight Turbulence: Red Sea Crisis Fades, E-commerce Disrupts Trade

The airfreight industry has reached a pivotal moment, with benefits from the Red Sea crisis tapering off while e-commerce growth continues to exacerbate trade lane imbalances. These insights were shared by experts during the “Flexport Air Market Predictions for 2025” webinar this week. Niall van de Wouw, Xeneta’s Chief Airfreight Officer, noted that while ocean […]

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06 Jun 2024

Navigating Container Shortages in 2024: Implications for North American Intermodal

The global supply chain is facing an unexpected challenge in 2024: a shortage of containers. Despite the significant capacity added by ocean carriers, recent reports and spot prices indicate that container scarcity is a reality. But what does this mean for North American intermodal transportation, and could it lead to a repeat of the chaos […]

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05 Jun 2024

China’s Trade Surplus: Undervalued Yuan or Something Else?

The debate over China’s manufacturing overcapacity has ignited intense discussions among policymakers. During her trip to China in April, U.S. Treasury Secretary Janet L. Yellen raised concerns about the impact of “artificially cheap Chinese products flooding the global market,” questioning the sustainability of foreign firms, echoing similar concerns from a decade ago. Yellen’s observation holds […]

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04 Jun 2024

Deja Vu: Container Shipping Market Faces Repeat of Pandemic Chaos

  The container shipping industry is experiencing a worrying trend – a repeat of the supply chain disruptions that plagued the world during the pandemic. This shortage of ships, coupled with high demand, threatens to send shipping rates soaring and cause significant delays. Unless there’s a quick turnaround, freight rates could skyrocket, potentially reaching a […]

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31 May 2024

CBP Suspends Low-Value Shipment Access for Several Customs Brokers

The U.S. Customs and Border Protection (CBP) has suspended access for several customs brokers to the Type 86 program, which facilitates low-value import shipments. This voluntary initiative allows consignees to have their customs brokers provide CBP with data filed through the agency’s automated broker interface (ABI) under the de minimis rule. The de minimis rule […]

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01 Feb 2024

Anticipated Shifts in 2024 US Container Import Patterns Aligning with Key Sourcing

The slight shifts in the percentage of containerized imports from China to the United States align with three major trends acknowledged by both the business and geopolitical communities: China Plus One, incremental gains in friendshoring by volume, and an increased reliance on Vietnam and India. To mitigate their dependence on China, US retailers and other […]

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30 Jan 2024

ONE Design Approval for Ammonia-Powered Container Ship

Ocean Network Express (ONE) has obtained design approval for a revolutionary ammonia-fueled container ship, signaling its commitment to exploring diverse zero-carbon fuels for the maritime industry. The approval, granted by the classification society DSV, pertains to the design of a dual-fuel 3,500-TEU ship capable of being powered by ammonia—a colorless chemical that emits no CO2 […]

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25 Jan 2024

Red Sea Disruption: Rerouted Ships, Tighter Markets, but No Global Chaos

The Red Sea disruption to container shipping remains uncertain in terms of duration, according to Drewry Maritime Research. The anticipation is that carriers might not resume Suez Canal transits until the elimination of the risk of attack, a process expected to take months rather than weeks. Despite this, Drewry’s analysis suggests that the impact on […]

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