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30
Nov
UPS RATE INCREASES
As anticipated, United Parcel Service (“UPS”) has followed FedEx and announced its Annual General Rate Increase (“GRI”), to be effective December 24, 2017. The UPS GRI will affect all UPS Ground, UPS Air, UPS International Services, as well as all […]
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15
Nov
October imports turn in strong performance, reports Panjiva
By Jeff Berman, Group News Editor-LM The ongoing trend of very positive momentum for United States-bound waterborne shipments remained firmly intact in October, according to data released this week by global trade intelligence firm Panjiva. October shipments rose 3.2% annually […]
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15
Nov
2017 air cargo trend
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September. WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level […]
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16
Oct
Gloomy Outlook for Container Lines
Container spot rates from Asia to North Europe slumped this week, losing about 4% in value. Following the Chinese Golden Week holiday, spot rates are continuing to slide and are now trending below long-term rates. The short-term market has had […]
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11
Oct
KEY FACTORS BEHIND TIGHTENING TRUCK CAPACITY
There has been a growing industry wide concern related to upcoming truck capacity and how this will affect shipping as we know it moving forward. There are many factors currently influencing this tightening of capacity, including freight demand hitting peak […]
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11
Oct
LEGISLATION PROPOSED TO TAX FREIGHT FOR FUNDING NEGLECTED INFRASTRUCTURE
There is little dispute that the United States infrastructure is in need of significant repair and upgrading, however the means to fund such projects has been unclear and disputed for years. A fixed amount federal excise tax on gas and […]
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03
Oct
Tightening Truck Capacity: What You Need to Know
You may already be very aware that truck capacity has been tightening steadily across the country. There is also a large-scale driver protest starting today, October 3rd, and running through Sunday, October 8th which may turn into a national strike. This […]
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21
Sep
Automated Export System – Updates
The Automated Export System is used by the US Government for compiling trade statistics. It is also US law to report shipment date via AES filing when sending any exports out of the country valued over $2,500.00. To see common […]
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13
Sep
Changes to ELD Enforcement
The Commercial Vehicle Safety Alliance (CVSA) announced in August that it will begin enforcing the electronic logging device (ELD) mandate requirements on December 18, 2017. However, the out-of-service criteria (OOS) associated with the ELD mandate will not go into effect […]
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29
Aug
Freight Companies Scramble to Reroute Goods in Wake of Harvey
by Paul Page and Brian Baskin, WSJ Trucking fleets, railroads and shipping lines are rerouting cargo and setting up alternate supply lines as Tropical Storm Harvey promises to disrupt freight traffic across southeast Texas for days. Seaports in Houston and […]
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