U.S. Trade Deficit Widened to Record Lows as Imports Rebound
The U.S. trade deficit widened to a record low in August as American consumers continued to show a strong appetite for imported commercial cargo such as pharmaceutical products, to
Container Shipping Congestion in L.A.
Due to the huge amount of container shipping congestion in L.A., sailing around the breathtaking backup of container sea shipping vessels off the jammed ports of Los Angeles and L
Amazon Australia’s Robot Operated Warehouse
Amazon Australia’s Robot Operated Warehouse is set to be completed in Sydney – not only will this be the biggest Warehouse in Australia but the largest in the southern hemisphe
Evergreen Finally Made It to Port: Suez Canal Update
The Evergreen, the container ship that blocked the Suez Canal for days and disrupted global shipping for weeks after, finally made it to port in the Netherlands early Thursday—en
Most Companies Kept Supply-Chain Sustainability Goals Despite Covid-19
Companies largely maintained their focus on supply-chain sustainability goals in 2020 despite the Covid-19 pandemic, and social issues such as worker welfare and supplier diversity
Typhoon Brings More Supply Chain Chaos In China!
This week a typhoon caused a lot of Supply Chain Chaos In China. More freight delays are expected in China this week, after typhoon forced the closure of Shanghai’s container por
Container Shipping Prices Skyrocket as Rush to Move Goods Picks Up
Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for sea freight transportation capacity that shipp
As Capacity Slowly Increases, Air Freight Demands Returns to Normal
Even though capacity is making a slow increase, demand for airfreight has continued to show a strong recovery, growing 1% in June compared to the same month in 2019, according to
Warehouse Rents Surge on Bidding Wars for Scarce Space
In the U.S. warehouse rents surge as companies jockey for scarce distribution space to meet surging e-commerce demand. The competition is driving up industrial rents as retailers
Maritime Regulator Sets Carbon Measures Amid Dissent
The world’s top maritime regulator has agreed to a plan to cut the “carbon-intensity” of ocean-going vessels, overriding objections from Western countries that the accord doe