Making Sense of Container Shipping GRIs and Similar Surcharge Mechanisms
Ocean shipping General Rate Increases (GRIs) have been part of global shipping for decades. But there’s a lot of confusion on why they are issued by ocean carriers and how shippers are impacted. Let’s clarify container shipping GRIs in the U.S. as an...
Is the Peak Season Freight Surge at Risk?
Is the typical peak season freight surge at risk? Not necessarily, says leading transport analyst Lee Klaskow, Senior Freight and Transportation Logistics Analyst at Bloomberg Intelligence. “We are in a freight recession right now, but we could have freight growth and...
Not Using the CBP ACE Portal? That’s a Mistake
If you are a small to medium-sized U.S. importer or exporter, chances are you are not using the Customs & Border Protection (CBP) agency’s ACE portal to manage your trade transactions and compliance. That’s a mistake, and this article will explain why. First, some...
