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What is the National Shipper Advisory Committee?
The cargo shipping industry is a complicated network of importers, exporters, shippers, and regulators. Even under normal circumstances, this system has difficulty running efficiently. Ports have thousands of containers waiting to be processed, cargo shipping prices...
What Role Does Cargo Shipping Play in Inflation?
Inflation has been rising due to dire supply chain issues. This has been made worse by the higher demand for consumer goods online during the lockdown as well as the dash of retailers to restock, which in many cases was more than manufacturers abroad could...
Understanding Freight Rates & What Causes Them To Increase
Freight rates have a tendency to fall and rise based on a variety of factors, ranging from cargo size and weight to supply and demand of shipping capacity. It’s important to have an understanding of freight rates and the factors at play in determining them in order to...
Understanding Drayage And It’s Essential Role In Your Supply Chain
When it comes to understanding shipping logistics, it’s important to factor in drayage to your supply chain process. In shipping, drayage is a crucial step in order to keep deliveries moving smoothly. It is typically factored into intermodal shipments, which may use a...
Why Purchase A Customs Bond?
The U.S. has more than 300 land, air, and sea ports of entry, all of which are under jurisdiction of the U.S. Customs and Border Protection Agency (CBP). The CBP is responsible for screening all entrants to the USA, including imported cargo.As an importer or a...
What You Need to Know About the False Claims Act
Recently, transportation and shipping firms have faced an increased number of lawsuits under the False Claims Act. This law allows the government to seek repayment and punitive fees for any fraudulently filed claims. Most upstanding businesses assume their company is...
Record High Freight Costs in 2021: What Happened and When Will they Drop?
To no one’s surprise, businesses that depend on overseas shipping have had difficulty from a recent onslaught of delays, shortages, and record-breaking freight costs. Shipping conditions have caused make-or-break setbacks for businesses worldwide with multiple...
Forecast: What to Expect in Trade for the Rest of 2021
The spread of COVID-19 created volatile and unpredictable economic conditions that started in March 2020, particularly in global trade. The short-term impact of the pandemic has been staggering, with nearly unprecedented disruptions, delays, and declines. Now,...
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