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
In the Midst of Chaos: United Airlines Emerging Stronger
In the midst of the chaos of COVID-19, and all the shutdowns and supply chain woes, United Airlines made a stellar performance in the first quarter of 2022. CEO Scott Kirby reported on his LinkedIn“ United is exiting the tunnel”, after 2 years of cutbacks and losses stemming from the pandemic. It is reported that Sales from the United improved 119%, from pre-pandemic levels, 26% … 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.
Senators request an exemption for Canadian truckers from the vaccine mandate
President Joe Biden has received a request from 14 Republican U.S Senators who ask him for an exemption of Canadian truck drivers in the vaccine mandate for foreign truck owners/operators. They argue that the mandate will disrupt the North American supply chain.
Pharmaceutical Logistics – How COVID 19 Has Impacted The Market
The Pharmaceutical Supply Chain is booming. With most of the attention on vaccine distribution, how has the market fared, and what does the future look like?
The logistics companies should be ready for the Golden Week
From October 1 to 7th. in 2021, China celebrates its Golden Week. This yearly event is well-known in logistics as it stops production at manufacturing facilities, creating a ripple effect for U.S. forwarders and their end customers. For this reason, Freight forwarders, globally, prepare for the Holiday Weeks in advance. During the weeks preceding Golden Week, importers rush to ship cargo from China to the … Read More
Why do you Need Inventory Management? Take Note of this
In order to successfully scale your business, inventory management is vital. An organized inventory will prevent common problems like stock-outs, excess stock, or overselling.
Transloading, What It Is And Why You Should Be Doing It
With the current shipping climate creating bottlenecks and intermodal equipment shortages, transloading has become vital in maintaining many supply chains’ integrity.