Noticias

As we move through the latter half of 2024, the global freight market shows signs of significant shifts. For businesses relying on international shipping, staying informed on these changes is crucial for effective supply chain management. Here’s a closer look at the latest developments and their potential impact. Current Market Trends: Freight Rates Decline The freight market remains in a clear downward trend. Notably, major … Read More

Latin American SMEs are grappling with significant hurdles as they navigate the post-Covid landscape. High transportation costs, regulatory compliance, and limited access to finance are among the most pressing issues. Despite a projected 7% increase in foreign direct investment (FDI) and a regional economic growth forecast of 3%, progress remains sluggish. According to the Voice of Independent, Latin America’s reliance on FDI highlights the region’s … Read More

The maritime shipping industry is witnessing significant changes as spot rates surge across major trade routes. According to the latest report from the Voice of the Independent, the Asia-North America trade lane has experienced double-digit spot rate increases for the first week of July, a trend that is expected to continue beyond October’s Golden Week. Drewry’s World Container Index (WCI) has reported a week-on-week growth … Read More

The California Governor’s Office of Business and Economic Development (GO-Biz) has awarded an unprecedented $27 million to enhance data system development and interoperability across California’s five major containerized ports. This groundbreaking state-level funding aims to improve data functionality within the statewide port network, marking a significant milestone in the nation’s logistics infrastructure. Strengthening California’s Role in Global Trade California’s ports, including Los Angeles, Long Beach, … Read More

Potential for more strikes on the horizon. From the Canadian Rail Strike to the potential walkout by dockworkers at America’s East Coast and Gulf Coast seaports, labor disputes are becoming a recurring theme in the logistics and transportation sectors. The latest development involves dockworkers canceling labor talks, raising the possibility of a strike later this year at some of the country’s most critical trade gateways. … Read More

As tensions rise between the Canada Border Services Agency (CBSA) officers and the Government of Canada, the possibility of a strike looms large, raising concerns about potential disruptions to cross-border trade. Here’s what you need to know about the current situation and its implications for logistics and supply chain management. Current Situation The Public Service Alliance of Canada (PSAC), representing CBSA officers, has voted in … Read More

As June approaches, the logistics industry is bracing for another General Rate Increase (GRI) set to take effect on June 1st. In addition to this upcoming rate hike, the current landscape is characterized by equipment shortages, blank sailings, and potential rail strikes in Canada, all of which have made space availability, rather than rates, the primary concern for shippers. Equipment Shortage: The ongoing global shortage … Read More

In a decisive move, U.S. Trade Representative Katherine Tai announced further actions on China tariffs following a thorough four-year statutory review. This review assessed the effectiveness of tariffs imposed under Section 301 of the Trade Act of 1974, aimed at countering unfair trade practices by China, particularly in the realm of technology transfer and intellectual property. Key Outcomes of the Review: Effectiveness of Tariffs: The … Read More

In the realm of global logistics, recent shifts are reshaping the air cargo landscape, driven by a confluence of factors including disruptions in Red Sea shipping routes and the booming e-commerce sector in China. This transformative scenario is powering a resurgence in air cargo demand and skyrocketing rates, setting the stage for a promising peak season while raising concerns among logistics providers striving to secure … Read More

The geopolitical landscape of the Red Sea remains turbulent despite the recent release of the Aries crew, signaling ongoing risks for maritime operations. After nearly three weeks in captivity, the crew of the MSC Aries, comprised of nationals from India, the Philippines, Pakistan, Russia, and Estonia, has been freed. The vessel, owned by the prominent Israeli shipping magnate Eyal Ofer of Zodiac Maritime, was forcefully … Read More