According to a report by the IQVIA Institute for Human Data Science, global spending on medicine is projected to reach $1.5 trillion by 2023. Due to the sheer volume of materials that need to be transported and stored in sanitary conditions. All the players in the supply chain must work together, to ensure that the products reach the customer in a safe, timely, and cost-effective … Read More
Inland Container Congestion in Chicago and Dallas
Inland congestion is causing a major supply chain disruption among the nation’s busiest ports due to a severe chassis shortage, causing an influx of containers to pile up in Chicago, Dallas, Memphis and Kansas City. This is an ongoing issue, which has only been exacerbated due to an influx of inventory overflowing already full warehouses. As a result, Union Pacific Railroad (UP) has been stacking … Read More
New Baltimore container terminal under development
Listen to this article: GLC INC. · New Baltimore Container Terminal Under Development The Port of Baltimore is located in Maryland’s Chesapeake Bay, and is considered the deepest harbor in the area. This port, closer to the Midwest than all other East Coast ports, was ranked first in the nation in 2020 for handling automobiles, light trucks, farm, and construction machinery, and lastly imported gypsum. … Read More
Port of Miami Expansion Projects Underway
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
New Marine Terminal Tariff for Port of Savannah
GLC INC. · New Marine Terminal Tariff for Port of Savannah A new marine terminal tariff will go into effect on October 1st for the Port of Savannah, stemming from a concern of an influx of empty containers at the Port’s terminals. In the midst of longshore labor negotiations on the West Coast, US importers are shifting a large portion of their cargo to the … 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
What is an ISF or 10 + 2? #brokerageterms
Listen to the article here: GLC INC. · What Is An ISF 10+2 ISF or 10 + 2 or Importer Security Filing How can GLC Help with an ISF? GLC is a licensed customs broker so we are able to electronically submit specific advance cargo information to the U.S. Customs and Border Protection agency (CBP). This information is known as an ISF (Importer Security Filing) … Read More
New Incentives for Farmers Exporting from West Coast
Amongst rising shipping inflation costs, the USDA is placing incentives for Farmers in the United States to export their agricultural shipments when using the Port of Oakland or Nothwest Seapport Alliance, to rouse dropping export volumes in the US. For every container of farm goods or general agriculture commodities, all agriculture shippers will be given $200. For any said shippers using refrigerated containers, they will … Read More
GLC Mexico is Now Open!
GLC Mexico is now open! GLC has recently established a new office in Guadalajara, Mexico. This is the first office in Mexico for GLC, however, this exciting step has expanded their global footprint to now three countries, including the United States and Colombia. Guadalajara, the capital city of Jalisco, is one of Mexico’s largest metropolises, is a significant economic hub, and is considered one of … Read More
Miscommunications between Ports and U.S. Customs increase the congestion
As if it was not enough, U.S. Ports face a gap in their communication with U.S Customs and Border Protection. As a result, the Ports are not informed about the arrival of nonscheduled charters