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There appears to be no ceiling in sight for ocean freight rates on the eastbound transpacific. Last week, the Shanghai Containerized Freight Index notched a spot rate average of nearly triple what it was when rates bottomed out in March from Asia to the West Coast, as China slowly recovered from COVID and Europe and […]

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 […]

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% […]

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 […]

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 […]

The way the issue has been portrayed, it would be easy to think that the only country with whom the US trades is China. In reality, the Section 301 duties and trade remedies applied by the United States government has moved China out of the top spot, returning fellow North American neighbor Canada to its […]

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 […]

Over the past week, there have been new developments for the EU (European Union) Tariffs and the Section 301 Tariffs: List 4 Exclusion Procedure that we want to ensure you are up to date on. EU Tariffs became effective on October 18, 2019: This situation has been ongoing ever since the US filed a complaint with the […]

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 […]

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 […]