Expedited trans-Pacific LCL filling a growing niche
Major ocean freight consolidators in the U.S. market see no shortage in demand for expedited less-than-container load (LCL) service requests from freight forwarders during the ongoing global pandemic.
Ever Given, general average and why shippers will share the costs of a ship’s rescue
The owner of the Ever Given notified Evergreen on April 1 that it declared a general average following the work to refloat the ship in the Suez Canal last month, a spokesperson for the operator confirmed to Supply Chain Dive.
Podcast | A New Trade Policy for the 21st Century
The global trade system is something of a mess today. Stiff tariffs are imposed on exporting nations for perceived violations of fair-trade rules, but it’s U.S. importers who feel the pain, in the form of higher product costs, and exporters who are shut out of global markets due to retaliatory actions.
The Forgotten Shipping Pallet Stages a Pandemic-Era Rally
Demand for the platforms used to haul nearly every consumer good or industrial ingredient is soaring amid a surge in e-commerce, forcing retailers and manufacturers to expand warehouses or pile inventories higher. At the same time, two keys to production — cheap lumber and labor — are scarce, and even nail costs are rising.
White House to Push Infrastructure Plan in Summit Meeting on Chip Shortage
Top Biden administration officials will meet with senior executives of Ford Motor Co., General Motors Co. , Intel Corp. , Alphabet Inc. and others to address the global chip shortage that has hobbled auto manufacturing and other industries.