Airfreight Updates Transatlantic has gathered several noteworthy updates effecting the airfreight market. This list will be updated as information is made available. · We are receiving reports of severe congestion at both Hong Kong and Shanghai airports. Some carriers have temporarily suspended select service levels out of both airports to Canada, US, Latin America, Europe and India in an effort
With the impact of COVID-19 spreading from the far east through the USA and Europe, it’s true that capacities are drastically depleting everywhere. Due to the travel suspension placed by our government (now for flights both in and out of the country), many companies will soon be facing a hardship trying to get their regular supply of inventory to keep
Canada Prime Minister Justin Trudeau urged an end to the two-week-long rail blockades that have crippled trade throughout the country as cargo backed up at Canadian ports and forced a Montreal marine terminal to stop accepting import cargo. Container dwell times and congestion at the Port of Vancouver increased Friday at facilities served by Canadian Pacific Railway as protesters conducted
Shippers will begin to feel the disruption to their supply chains with delays and decreased capacity as carriers are reducing the number of vessels in an effort to stop the spread of the Coronavirus. Home to several of the busiest container ports and airports, a lockdown on China factories and workers is having a rippling effect in consumer supply chains.
For many years we have seen a drastic fluctuation in detention, demurrage, and free-time alloted for full container loads (FCL). This has allowed the steamship lines full control of how, and when you get your container. With the increase in the dollar amounts on the invoices, and a decrease in time, many forwarders are pushing back questioning if this is
Is the 5-day work week going extinct? With trucker shortages being a crisis for corporations nationwide, we are now seeing a push back from drivers looking for extended pickup/delivery hours. Click here to check out this article on JOC.com to learn more about it!
In a private meeting on Tuesday September 4th, 2018, Federal Maritime Commissioner Rebecca Dye spoke on the recurrent challenges shippers are facing with detention and demurrage charges. Dye released a 19 page interim report bringing much needed clarity and transparency on the responsibilities of the FMC, and the possible solutions to the current influx. Click here to checkout this article in
With the Trade War booming in full effect, there are many ways US Importers are being affected. Click here to check out a great article which outlines an aspect not many think of: Continuous Bonds. Are you working with the right customs broker to help ease you through the tariff adjustments? Our team members at Transatlantic understand how stressful it
With the trade war escalating daily, we have many members of the Transatlantic family worried about what lies ahead. No one wins in a trade war, but as consumers, we should not turn a blind eye while these leaders gamble our fate. Here’s a timeline of the US-China trade war so far: March 1: Trump announces tariffs on all imports
Happy Tuesday Friends! ? Have you heard about the merger proposition between France’s CMA CGM, and Germany’s Hapag Lloyd?! ? Nothing is confirmed as of yet, but looks like it’s not an unforeseen future for these steamship line giants. How will this affect the current ocean freight trends? We’ll all have to stay tuned to find out! ? Click here to