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Trans-Pacific ocean freight spot rates have pulled back in absolute terms and relative to long-term contract rates as bottom-line pressure…
The build up of inventories due to the bullwhip effect in retail order patterns coupled with declining consumer demand are…
CBP issued its operational guidance for the Uyghur Forced Labor Prevention Act (“UFLPA”) as enforcement commences on June 21st. Indications…
The ILWU and PMA met with President Biden and provided a public update on contract negotiations reinforcing their commitment to…
President Biden signed into law the Ocean Shipping Reform Act of 2022, expanding the FMC’s authority to regulate the ocean…
CBP issued letters to importers that were identified as previously importing goods from the Xianjing region to compel compliance with…
Recent data shows a significant downturn in US import volumes in aggregate and ex China. Rising inventories and inflation point…
Trucking and cargo activities in Shanghai have increased substantially in the wake of the June 1 reopening from Covid lockdowns.…
Air carriers are beefing up transatlantic fight schedules to meet traveler demand as Covid restrictions have eased, yielding year-over-year rate…
Beginning June 1, Shanghai authorities will begin lifting Covid lockdown measures that have massively disrupted civic and business activity since…
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