Each year, the transportation industry takes a week to recognize the unsung heroes behind the wheel that keep the American economy moving forward. This year's National Driver Appreciation Week (Sept. 9-15) is the perfect opportunity for carriers and shippers alike to honor our nation's driving force.Read More
Cargo insurance is vital for the protection of your products that originate from or are destined for locations abroad. Aside from protecting your business from financial losses associated with lost or damaged cargo, insurance can protect you a variety of maritime shipping risks, such as the law of general average.Read More
The Answer Could Very Well Be "YES"
A lot of new tariffs have come into effect this year, and more are scheduled. These increases are substantial, and if they affect the goods your company imports, you are well aware of how this is affecting your business operations.Read More
Home to nearly 3 million people, Chicago is one of the busiest cities in the United States. And with record-level congestion on the streets and limited freight capacity, it’s also one of the most difficult markets to manage a complex logistics project.
For LynnCo Supply Chain Solutions, Inc., a supply chain solutions provider based out of Tulsa, OK, finding the right asset-based partners is the key to success. When LynnCo was tasked with managing the supply chain for a high rise development in the city’s bustling downtown, they knew the project’s logistics would be particularly challenging.
For the past 3 years the ocean carriers operating in the Transpacific and Indian Subcontinent Trade Lanes have made attempts on the first day of each month and again on the 15th day of the month to try and pass through rate increases to help them recover from years of unprofitability. The newly formed alliances that were finalized in 2017 helped them recover to a point where the carriers collectively recorded a year of profitability. That still left them with years of negative numbers to recover from.Read More
Yet another round of tariff increases are being planned, which will add 10% duty to more than 6000 HTS#'s, affecting $200 Billion in new products. In scanning through the listing of tariff codes, there are a LOT of products affected, from foods to handbags to wood/paper products, fabrics, yarns, tile, glass, lots of additional iron/steel/aluminum products, various machinery, pharmaceuticals, in addition to televisions and bicycles. Please review the full listing at https://ustr.gov/sites/default/files/301/2018-0026%20China%20FRN%207-10-2018_0.pdf. These could go into effect as soon as September 2018.Read More
Pushed by a growing economy and driver shortage, increasing freight rates have been on most shippers' minds lately. In truth, rates, particularly in the truckload segment, have been on everyone's minds for quite a while now.Read More
Few things make international shippers more worried than threats of tariffs and trade wars. And today, these topics are clearly at the top of business minds around the world.
In addition to the ongoing renegotiation of the North America Freed Trade Act, the future of international trade is up in the air. On an almost daily basis, new tariff announcements are being made by nearly every major economic power.Read More
Buoyed by a host of factors, including an aging workforce, growing regulations and freight demand, the national driver shortage continues to dominate industry discussions. The American Trucking Associations estimates that the number of unfilled positions will exceed more than 176,000 unfilled positions by 2026.Read More