Profits Abound as Shippers “Cash In” on Disruptions
Currently, around 16 percent of the global dry bulk fleet is tied up waiting to unload at various ports worldwide, creating inefficiency and increased shipping costs.
Tag: shipping
Shipping Container Issue Highlights Need to Address Infrastructure
As Congress and the White House continue to spar over what is and is not needed for infrastructure investments in the U.S., supply chain concerns continue to mount.
Freight Rates for Overseas Shipping Hit Historical Highs
Another reminder of the COVID-19 shutdowns from last year is making itself known: a shortage of available shipping containers.
About Ten Daily Shipments to China Never Arrive
The United States found an average of more than 200 shipments were denied between 2013 and 2019, while the European Union lost more than three times that amount every year.