Listen the article here: GLC INC. · Port Of Miami Expansion Projects Underway The Port of Miami, located in Florida, is geographically placed between North and South America, making it a “cargo gateway” for trade in the Americas. It is a powerhouse for east coast transportation because it is increasingly stable for trade from Europe, Asia, and Africa. Recently, the Port of Miami released its … Read More
Latest Imposed GRI for FedEx marks history
Thursday, September 22nd FedEx Corp announced a 6.9% general rate increase (GRI) to be imposed starting 2023. This GRI marks the largest percentage of increase year-over-year in the company’s history. All services will be affected by the GRI, except for the LTL, or less-than-truckload service, FedEx Freight, which could fluctuate between 6.9% and 7.9%, according to the customer’s scale. On average, FedEx’s annual tariff rates … Read More
Los Angeles Container Ports Lessen Congestion
Listen the article here: GLC INC. · Los Angeles Container Ports Lessen Congestion Records are being broken at one of the nation’s biggest Ocean Ports. According to the Port of Los Angeles, July 2022 was a record month for them in processing containers. On Aug 17, 2022, a press release was announced by the Port, claiming they processed an estimated 935,345 Twenty-foot TEUs in July. … Read More
Los Angeles Port holding strong among Shanghai lockdowns
The Port of Los Angeles, as of May 6th is still holding firm, not showing any reported impacts from the COVID-19 lockdowns in Shanghai, China. According to Director Gene Seroka, There has been “no dramatic change” in the number of vessels leaving China, as vessel numbers bound for the San Pedro Bay remain “pretty consistent,” Seroka said. The number of ships departing Asia on Friday … Read More
The Future of International Air Cargo Services
What are international cargo services? Simply, international cargo refers to any goods being transported through an air carrier. Airfreight, as most call it is arguably the most valuable form of transport due to its nature. Freight transported by an air carrier is the fastest mode of transportation for international freight, and domestic freight if moving across large areas. Due to its fast nature, it’s critical … Read More
“The Great Resignation” and Its Impacts on Supply Chain
By: Grace Cronin What is the Great Resignation? A term recently coined to describe the phenomenon of large groups of people, mainly in the U.S., quitting their jobs during the COVID-19 pandemic. Unfortunately, the supply chain industry is not immune from this phenomenon, and many fear it only adds to the current Supply Chain Crisis.
Shipper-Owned Containers, What Are They?
Ocean containers are everywhere and are a key role in shipping freight, and in the Global Supply Chain as a whole. As a freight forwarder or any person in the logistics field, understanding the differences between Shipper-Owned Containers (SOCs) and Carrier-owned containers (COCs) can help expand your logistics knowledge.
Ningbo’s Meishan Terminal Closed for the 8th Day and Counting
In what seems like a year of relentless disruptions for the international logistics sector, we are again facing another detrimental bottleneck with the recent suspension of operations at Ningbo’s Meishan terminal. The announcement came on August 10th, after a dock worker tested positive for the Delta variant.
6 Tips for Improving your Supply Chain Management
Managing your supply chain is one thing, but optimizing it is a whole different challenge and one that many companies fail at doing. To help you succeed, we have put together six fundamental cornerstones that you should emphasize when planning your supply chain.
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