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Blank Sailings

Importers and exporters already coping with reductions in their businesses from the pandemic are also fighting another battle – reduced capacity by ocean carriers on key lanes between the US, Asian and European markets. These planned and announced capacity cuts are known by the term “blank sailing”, and they serve the twin purposes of reducing […]

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The State of Air Cargo

Every mode of cargo transport has been impacted by the COVID-19 health care emergency, but none more dramatically than air cargo. With global passenger demand drying up, airlines sharply reduced passenger schedules, and with it, large amounts of economical cargo capacity. While freighter aircraft move huge trade volumes globally, passenger bellies still fly roughly 50% […]

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Belly cargo to and from Europe await key passenger schedule decisions

Nearly half of the tonnage flown by air between the United States and Europe is flown in the bellies of passenger aircraft, with all-cargo, or freighter aircraft hauling the rest. In fact, belly cargo is a bigger proportion of the air trade handled between the U.S. and Europe than between the U.S. and any other […]

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Novel Coronavirus – The impact on Manufacturing and Trade

The novel coronavirus which is believed to have originated in a wild animal market in Wuhan (whose population rivals Detroit) when the virus made the jump from an animal to a human. From there, it has spread throughout China and thanks to the way humans travel nowdays far and wide by plane, it is rapidly […]

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The Road to Intelligent Integration

As we had previously published, RIM logistics, ltd. embarked upon a journey in 2019 to embrace various integration points within the supply chain, our own software, and the ability to provide a better overall customer experience. This month, we want to further update you on what this looks like and where we are headed in […]

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IMO 2020 Update

On January 1, 2020, new regulations from the International Maritime Organization (IMO) will take effect, mandating that every ship in the world must use clean fuel with a sulfur content of less than 0.5%. In order to achieve this change from the current sulfur standard of 3.5%, ocean carriers have been working towards implementing a […]

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EU Tariffs, Effective 10/18/2019

For many years, there have been concerns and complaints about the European Union (EU) and the subsidies that have been alleged to be offered to Airbus by the US Government and some industries in the US. The US won in arbitration with the World Trade Organization (WTO) on October 2, 2019, regarding the Airbus case. “For […]

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INCOTERMS® 2020 have arrived

Incoterms® are published by the International Chamber of Commerce and in this, their 100th year, the group has provided an update to the previously issued Incoterms® 2010. For companies doing business internationally, the Incoterms® are the guidepost by which international buyers and sellers mutually agree to terms of sale that lay out responsibility for transportation-related […]

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Section 301 Tariffs Increase: 25% to 30%, Effective October 15, 2019

On September 11, 2019, President Trump announced that on a “gesture of good will,” the increase in tariffs from 25% to 30% on $250 billion of Chinese goods (Lists 1-3) will be delayed by two weeks. Originally, the effective date was set for October 1, 2019. Currently, the effective date of the increase has been pushed back to October 15, 2019. […]

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Hurricane Dorian Update (9/4/2019)

Dear Valued Customer, Please find as follows an overview of the latest port and rail conditions in the areas impacted by Hurricane Dorian.  PORT CONDITION LEGEND  MIAMI – Port Status: Port Condition V   Terminal Ops Status: Will resume gate and yard ops Thu Sept 05th/06:00 Marine Ops Status: Resumed Traffic and Vessel ops Tuesday Sept 03rd/19:00 PORT […]

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