Since Hanjin Shipping filed for bankruptcy protection on August 31, we've been helping shippers across the country and throughout the world recover their cargo. There are still thousands of containers held on Hanjin vessels and at ports around the world.Read More
Ford recently made headlines when it announced that it would be moving its small car production from Michigan to Mexico. And, while the outsourcing of manufacturing from the U.S. is nothing new, there is another movement afoot that is reshaping the North American supply chain.Read More
We're in the homestretch of 2016, and that can mean only one thing for retailers: the holiday season is about to begin! Undoubtedly one of the busiest times of the year, retail shippers have a lot on their plates to deal with.Read More
Did you know that the trucking industry accounts for one out of every 16 jobs in the United States? Furthermore, 80% of communities across our country depend on truck drivers to provide access to goods and commodities that we often take for granted.
National Truck Driver Appreciation Week, September 11-17, 2016, is the time of year that we honor the men and women of our nation's driving force for their contributions to our businesses and society as a whole. If not for their hard work and dedication, we'd never be able keep moving forward.Read More
Topics: Industry News
Shippers May Experience Disruptions As Korean Firm Hanjin Files For Receivership
The seventh largest international vessel operator and member of the shipping partnership CKYHE Alliance filed for receivership on Wednesday (8/31) after losing financial backing of South Korean banks. Hanjin, which had amassed a debt of $5 billion by the end of 2015, has operated four out of the last five years in the red.
Overcapacity and weak demand contributed to Hanjin's inability to stay afloat as the world's major shipping lines went through numerous mergers, acquisitions and fought one another for market share.Read More
As a business owner or professional in the supply chain industry, you've most likely encountered issues with getting your shipment to its destination on time. From weather delays to traffic and carrier mistakes, it often feels like you have little control of the process.
However, you do play a critical role in helping to ensure that your business can avoid late deliveries that can cause supply chain disruptions or lead to angry calls from customers. With that in mind, consider these four great practices that you can easily implement into your freight management strategy that will help you avoid late deliveries.Read More
Topics: Shipping Tips
It's a variation on a classic childrens' math problem: "If a freight train travelling 50 mph and a truck travelling 65 mph leave at the same time, where will your freight be tomorrow morning?"
The decision of when and if to ship freight by rail or road can be puzzling. Many shippers will generally not even consider the use of rail transportation because they are not as familiar with it as they are traditional over-the-road services.Read More
It's hard to believe that it's been nearly 25 years since the U.S. men's Olympic basketball team took the Barcelona games by storm in 1992. Nicknamed the "Dream Team," this group of athletic superstars, which featured the likes of Michael Jordan, Larry Bird, Magic Johnson, Scottie Pippen and Charles Barkley, crushed their competitors by an average of 44 points.Read More
Topics: Supply Chain
It may not come as a surprise that Mexico is the 3rd largest trading partner with the U.S. In 2015, two-way trade in goods between the two countries totaled $531 billion according to the U.S. Trade Representative. Out of that total, imports from Mexico numbered $295 billion (up 73% from 2005).Read More
The recent decision by voters in the United Kingdom to leave the European Union has created a cloud of uncertainty throughout the shipping and logistics world about what the so-called "Brexit" means for international shippers. Our Vice President of International Solutions, Charlie McGee, recently sat down to discussed the repercussions for US shippers. His thoughts on the subject may surprise you.Read More