Current State of the Shipping & Logistics Industry The industry is finally recovering from the 2021-2022 global shipping supply chain meltdown, explains Barry—when ports around the world were at standstills, there were months-long logjams of merchandise and ships, and not enough shipping containers, among other factors. Some critical context: Last year at this time there were … Read more
Freight forwarding consists of strategic logistics planning and execution for the international movement of goods, on behalf of shippers. Specifically, a freight forwarder will carry out freight rate negotiations, container tracking, customs documentation and freight consolidation, among other tasks. Importing and exporting creates lucrative opportunities for businesses with the wherewithal to execute strategic logistics plans. … Read more
FMC asks shippers, transportation providers to weigh in on data initiative Questions for stakeholders focus on data-sharing and the costs of current constraints. Alejandra SalgadoAssociate Editor A truck drives past shipping containers stacked at the Port of Los Angeles. FMC Commissioner Carl Bentzel seeks public comment on Maritime Transportation Data Initiative with a due date … Read more
