Trade News / Freight and transportation updates
U.S. Customs & Border Protection (CBP) has issued CSMS 17-000612 advising, effective November 1st, they will penalize any documented violation of the wood packaging material (WPM) requirements, eliminating its previous policy of allowing up to five (5) violations before taking... Read More >
Most Recent News
The most recent data on U.S. industrial output indicates that shippers could see a boost in business.
The late-year busy period for carriers is annually followed by a January surge in shipments as retailers prepare for the Chinese New Year. With global shipping in a recent slump, though, the start of 2016 is colored by mixed signals.
Trade is slowing at a detrimental rate for containership fleets - so much so that even the low cost of fuel is not helping because shipping lines are inundated with surplus capacity.
Changes to the Greek pension system are behind strikes that have put waterfronts at standstills not long after the government sold a majority stake of one of its ports.
While shelves in grocery stores in the Mid-Atlantic and Northeast regions were cleared out ahead of Winter Storm Jonas' arrival, restocking them following the blizzard may present a problem.
The Panama Canal expansion project is inching toward a close, with the first day of open passage for commercial ships scheduled for this spring. With the lengthy construction wrapping up, it is clear that the canal widening has gone over... Read More >