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Membership Emails
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Stay informed on current global logistics happenings!
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C.H. Robinson Featured Content
U.S. Importing and Exporting: Understanding the Basics
If there's anything consistent about trade regulations, it's that you must stay up to date on any changes that might affect your organization. Understanding the basics of trade compliance can make it easier to keep up with updates, changes, and additions to trade laws.
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Pfizer to bypass US government system for COVID vaccine distribution
Pfizer Inc. (NYSE: PFE) will manage distribution of its COVID-19 vaccine on its own rather than through the U.S. government's designated coordinator, but officials question whether the U.S. has an adequate supply of medical-grade freezers at the point of use for vaccines requiring storage at ultra-cold temperatures.
Source: Freightwaves
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LNG shipping rates just hit $125,000 per day
Tankers carrying crude oil and refined products are wallowing below cash-breakeven. Their near-term prospects are grim. In contrast, spot rates for tankers carrying liquefied natural gas (LNG) are now highly profitable, with some vessels earning $125,000 per day.
Freightwaves
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Warehouse utilization returns to pre-pandemic levels
The logistics real estate market is experiencing a fast return to growth, driven by strong demand for space that is expected to continue, according to data from logistics real estate firm Prologis,released this week.
Source: DC Velocity
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How truckers can avoid a bad dray day
American Shipper recently discussed this important topic for drayage truckers with Phil Wolfe, vice president of international sales for DCLI, the nation's largest provider of intermodal chassis.
Source: Freightwaves
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C.H. Robinson Featured Content
A breath away from Brexit: What every shipper needs to know
At C.H. Robinson, we stay close to our customers as we continue to prepare them for the new reality post-Brexit. Our goal is to help them avoid potential disruptions in their shipping process and to serve their needs in the most efficient way. However, we realise that not all businesses are equally prepared for the upcoming changes Brexit will bring to their customs procedures and may still wonder what this could mean for their own shipping processes.
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Liner capacity control and the future of container shipping
The world's container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change - courtesy of mergers and alliances - is structural, not cyclical. If there's a single thesis for container shipping in 2020, that is it.
Source: Freightwaves
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Port of Long Beach goes on the record with another No. 1 The Port of Long Beach on Wednesday joined the lengthening list of record setters by announcing it had marked its best November ever.
Freightwaves
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American Airlines transport its first COVID vaccine shipment (with video)
A shipment of Pfizer Inc.'s (NYSE: PFE) COVID-19 vaccine is scheduled to arrive at a U.S. territory in the Caribbean on Monday aboard an American Airlines flight, the company said.
Source: Freightwaves
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First COVID-19 vaccine shipment lands in Canada
The first shipment of the Pfizer-BioNTech COVID-19 vaccines landed in Canada on Sunday night, coming via a UPS plane.
Source: Freightwaves
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C.H. Robinson Featured Content
TRADE COMPLIANCE PROGRAMS: WHAT THEY ARE, WHY YOU WANT ONE, & HOW TO GET STARTED
Don''t risk non-compliance in your global supply chain. Watch our webinar to learn how to create, maintain, and execute a successful trade compliance program.
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United Airlines cargo planes to share space again with passengers
United Airlines' (NYSE: UAL) decision to convert some cargo-only flights between Asia and San Francisco to passenger service and resume nonstop service between the West Coast city and Shanghai will provide some much-needed capacity and speed for businesses desperate to move goods by air.
Source: Freightwaves
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Dry bulk shipping rates have just hit a new 2020 high
More ocean shipping signals are flashing green. First came a recovery in the container sector, driven by surging U.S. consumer demand. Now comes a rebound in dry bulk, the world's largest freight market in terms of volume. Source: Freightwaves
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US import bonanza could extend into 2021 on 'record' restocking
No one predicted a U.S. import surge in the middle of a pandemic - but it's happening. The big question now is: How long can this last? The answer has key implications for ocean spot freight rates and contract renewals, port throughput, and landside volumes for trucking and rail.
Source: Freightwaves
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Report: Lockdowns don't stop cargo theft
More than $99 million worth of cargo was stolen from supply chains across Europe, the Middle East, and Africa in the first half of 2020, including millions of dollars' worth of sought-after PPE in the early weeks of the Covid-19 pandemic, asset protection group report shows.
Source: DC Velocity
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C.H. Robinson Featured Content
Logistics Matters with DC Velocity
In this podcast we'll discuss global trade, tariffs, the coronavirus, the U.S. presidential election, and the stagnant worldwide economy with Kevin Doucette, who oversees North American trade policy for C.H. Robinson.
Listen to the podcast
Big 3 US airlines gear up to transport COVID-19 vaccines
Major U.S. passenger airlines are rehearsing final plans, brushing up on procedures and lining up the right equipment and personnel to support the worldwide distribution of COVID-19 vaccines at a variety of required temperatures.
Source: Freightwaves
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Italian firm building $150M shipyard in Mexico Italian shipbuilding giant Fincantieri recently announced the construction of a ship repair and maintenance yard at Mexico's Port of Progreso.
Source: Freightwaves
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Infographic: Freighter demand
Get the global trade projection and other details about freighter demand in this infographic.
Source: Freightwaves
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LMI: Logistics industry growth continues
Logistics Manager's Index registered 70.8 in November as e-commerce activity continues to place strong demand on warehousing and transportation.
Source: DC Velocity
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C.H. Robinson Featured Content
Savings Beyond Rates: Highlights from the "Achieve Your Supply Chain Goals" Webinar
Now, more than ever, companies of all sizes and complexities need savings and efficiencies to overcome the many disruptions caused by COVID-19. The supply chain is a great place to start uncovering opportunities for improvement.
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LATAM kicks off Miami-Brazil cargo flight
LATAM Cargo South America's largest freighter operator, has started a weekly flight between Miami and the Florianopolis airport in southern Brazil.
Source: American Shipper
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US Coast Guard to consider regulations on autonomous vessels
The country's top maritime regulator is asking for the public's view on the economic opportunities and the safety consequences of automated vessel technology as a precursor to potential regulations affecting commercial shipping in the United States.
Source: American Shipper
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Cathay Pacific renews emphasis on cargo with leadership changes
Cathay Pacific, the fifth largest cargo airline in the world in terms of shipment volume, is reshuffling its cargo team as it looks to capture more business during a period of anemic passenger travel because of the coronavirus pandemic.
Source: American Shipper
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PayCargo helps shippers, forwarders pay it forward
The downturn in imports and exports over the past five months due to the coronavirus pandemic has left many small and mid-sized companies wondering if they will be financially prepared to participate in the global economic recovery.
Source: American Shipper
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C.H. Robinson Featured Content
How your business can take advantage of Section 301 tariff refunds
If you're a U.S. company importing from China, you may have tens of thousands or even millions in tariff refunds waiting for you. With two-thirds of Chinese origin goods subject to Section 301 tariffs, companies large and small have been impacted since they were implemented in 2018 amid a U.S.-China trade war.
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Biden transition freeze could harm COVID vaccine logistics, adviser says
President-elect Joe Biden and his aides are warning that the White House's unwillingness to facilitate the transition to a new administration could create logistics problems that delay distribution of a COVID-19 vaccine and cost thousands of lives.
Source: Freightwaves
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Tanker shipping at risk of rare winter hibernation Three months ago, tanker owners hoped for a quick rebound and talked up fleet expansion via consolidation. There's little talk of fleet growth today. And a growing number of executives and analysts fear the typically strong winter season will be a bust.
Freightwaves
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IATA offers cargo guidelines for vaccine distribution
With the news that pharmaceutical firms Pfizer and Moderna claimed to have created effective Covid-19 vaccines, public health leaders are turning their attention to the colossal challenge of building a supply chain to whisk the life-saving medicine around the globe in the coming months.
Source: DC Velocity
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TSA seeks enhanced screening capabilities for air cargo (with video)
American Shipper recently discussed this important topic for drayage truckers with Phil Wolfe, vice president of international sales Federal regulators want to improve industry's ability to perform air cargo security checks and explosives detection technology to help meet forthcoming international requirements for screening 100% of export freight on all-cargo aircraft, the Transportation Security Administration's air cargo chief said Thursday.
Source: Freightwaves
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C.H. Robinson Featured Content
WATCH NOW: Avoid Delays When Exporting PPE
Watch Vincent Wong, director air freight, Asia at C.H. Robinson, in this quick video highlighting what you need to know to avoid some common, yet costly mistakes when importing PPE from China.
Watch the video
Remember the trade war? It's back and at risk of escalating
The two superpowers' deteriorating relations in the wake of a Chinese security law covering Hong Kong has implications for container, tanker, dry bulk and gas shipping demand, as well as shipping stocks.
Source: American Shipper
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Freight forwarder reports 28% growth in spite of pandemic
ELIS, a digital platform to track international freight shipments, helped Eternity M?xico grow its revenue during the first quarter. Source: American Shipper
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DCSA provides education on 'smart containers'
The Digital Container Shipping Association (DCSA) on Tuesday published what it says are the first internet of things (IoT) connectivity interface standards for shipping containers.
Source: American Shipper
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Airlines fight to exit 'intensive care'
Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren't relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now.
Source: American Shipper
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COVID-19 threatens Hawaii's sole interisland ocean transportation provider
Young Brothers will curtail service without rapid $25 million infusion of CARES Act funding from state regulators.
Source: American Shipper
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C.H. Robinson Featured Content
TRADE TRENDS: 2020'S IMPACT ON INTERNATIONAL TRADE
Smart trade compliance decisions require up-to-date information. C.H. Robinson experts cover U.S. export restrictions, duty mitigation strategies, 2021 trade changes, and more in this on-demand webinar.
Watch the webinar
Peak season to test retooled supply chains
U.S. businesses continue to grapple with pandemic-induced supply chain challenges that will only get worse as peak shipping season gets underway, according to a survey of supply chain professionals released earlier this month.
Source: DC Velocity
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Container return date upheaval by the numbers
U.S. agriculture and forest product exporters are counting the ways and dollars it costs them when ocean carriers without warning change the dates for container arrivals at marine terminals. Source: Freightwaves
"The ships are 100% full. The containers are 100% full. You can't get a container built. You can't pick up a ship from the spot market. The whole container-shipping cycle is at absolutely full pulse," exclaimed Jeremy Nixon, CEO of Ocean Network Express (ONE), the world's sixth-largest container line.
Source: Freightwaves
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FMC considers changing service contract filing requirements
The U.S. Federal Maritime Commission (FMC) on Friday announced it initiated a notice of proposed rulemaking that will consider a change to regulations that would allow initial service contracts to be filed at the agency up to 30 days after the agreement's effective date.
Source: Freightwaves
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C.H. Robinson Featured Content
Planning for Mexico-U.S. Cross-Border Capacity
Mexico is rapidly becoming a dynamic player in manufacturing at a global scale. As logistics providers and transportation carriers expand production throughout the world in response to trade tensions between the U.S. and China.
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Why COVID-19 rebound hopes are weighing down tanker stocks
It was a huge day for U.S. stocks, with the Dow surging by over 900 points on news of a potential vaccine breakthrough and positive stimulus comments from Federal Reserve Chairman Jerome Powell.
Source: American Shipper
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Shipping group promotes standardized e-bill of lading
The Digital Container Shipping Association (DCSA) said the COVID-19 pandemic has made the need for a standardized industry e-bill of lading (eBL) greater than ever.
Source: American Shipper
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Steering US customs brokers, forwarders through COVID-19
NCBFAA President Janet Fields has knowledge and skills to lead industry through worst of times, former association President Amy Magnus says.
Source: American Shipper
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Ports of Tacoma and Seattle see 23.5% volume drop
The Northwest Seaport Alliance (NWSA) handled 247,675 twenty-foot equivalent units (TEUs) in April, a 23.5% year-over-year decline in total container volume.
Source: American Shipper
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Face masks for German hospitals get police escort
Face masks and other personal protective equipment are worth their weight in gold these days, and German authorities are protecting shipments accordingly.
Source: American Shipper
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C.H. Robinson Featured Content
PPE Supply Chain Video Series: Metered Freight Solutions from China to North America
Importing personal protective equipment remains critically important. While air is the fastest mode of delivery, it''s also expensive. Learn how metered air and ocean shipping can provide solutions
Watch the video
Need for speed drives ships toward Pacific ports
The battle for Asian containerized exports rages on between West and East Coast ports. The East had been steadily gaining ground, but COVID-19 is changing the balance in favor of the West, at least in the short term.
Source: American Shipper
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SAL Heavy Lift sails on IT cloud
SAL Heavy Lift is an expert at transporting the largest cargoes across the world's oceans, but its biggest lift in recent years has been to digitize complex administrative processes that have long weighed down the project cargo industry.
Source: American Shipper
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United Airlines to reintroduce China service in July
U.S. airlines are taking advantage of a mild loosening in Chinese aviation restrictions to restart service to mainland China, a key market for rebuilding revenues and for shippers with goods to move.
Source: American Shipper
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Only certainty in ocean trade is uncertainty
Judah Levine, the research lead for Freightos, said the overall sentiment throughout the maritime industry is one of uncertainty as the coronavirus pandemic lingers.
Source: American Shipper
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Capital improvement funds allocated for South Carolina terminal
The SCPA's board of directors on Wednesday also approved a fiscal year 2021 plan that projects the handling of 1.24 million pier containers and generation of $81.4 million in operating cash flow. The SCPA's fiscal year runs from July 1 to June 30.
Source: American Shipper
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C.H. Robinson Featured Content
How to Best Prepare for Current (and Upcoming) Supply Chain Disruptions
Covid-19 is not the only event putting pressure on the transportation market. Discover why proactive planning is more important than ever as global shippers navigate peak season, consumer tech launches, and pending vaccines.
The good news is that shipping stocks seem to be more leveraged to a post-COVID global recovery than most other equities. The bad news is that shipping stocks seem to be more leveraged to mid-COVID global fallout than most other equities.
Source: Freightwaves
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Red-hot ocean rates could spark government intervention
In tanker and dry bulk shipping, the rate is the rate. It's whatever the market says it is. It can be below zero (net of costs). It can be six figures per day. No government can intervene. This is definitely not the case in container shipping. Source: Freightwaves
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Bankrupt LATAM gets financial lifeline
A New York district court overseeing the bankruptcy of LATAM Airlines Group (NYSE: LTM) approved a financing proposal to allow the Chilean carrier to access $2.45 billion for countering the impact of the coronavirus pandemic.
Source: Freightwaves
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Ports will need to double or quadruple in size by 2050, climate study says
Seaport footprints will need to double or quadruple in size by 2050 to cope with the combination of sea-level rise and increased freight demand, according to a model that compares trade growth and port demand with various combinations of climate policy interventions and global temperature increases.
Source: DC Velocity
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