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Industry News

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Industry News

  • March Congestion Update March 2, 2021
    The shipping industry continues to face unforeseen port congestion and vessel delays worldwide. The interconnected nature of the shipping industry means that congestion in the United States will affect movement in other areas around the world. Containers that are stuck on the US West Coast that were intended to be relocated to Europe either won’t make it there or will arrive weeks behind schedule. The combined ...
  • West Coast Port Congestion January 25, 2021
    Port Congestion Update A year after the COVID-19 pandemic first halted global supply chains by closing factories worldwide, delaying U.S. agriculture exports, and constraining domestic manufacturing, we are still experiencing the aftershocks with overwhelming congestion. The cost of shipping a container has increased by 80 percent since early November and has nearly tripled in the past year. At the Port of Los Angeles last week there were 42 ...
  • Biden’s Potential Impacts to Trade and Transportation January 20, 2021
    On Wednesday, January 20, 2021, Joe Biden will be sworn in as the 46th president of the United States. Joe Biden and Kamala Harris will likely bring several changes to the logistics industry during their administration. While we are unable to completely predict the changes expected during the Biden administration, we will outline some of our thoughts as more regulation is anticipated under the new ...