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“It all unraveled quickly”: Family-owned business laments tariff and trade chaos

Freight Waves

It all unraveled quickly with the ocean freight crisis, which was magnified by rapidly escalating tariffs,” said Djavaheri. With the National Retail Federation forecasting a significant dip in cargo volumes, the concern is not just local but stretches into international markets that rely on logistics facilitated by Los Angeles and other U.S.

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Red Sea Insurance Premium Spikes as Houthi Risks Return

Supply Chain Brain

Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. That’s up from 0.2%

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PayCargo and Gnosis Freight to Power Container Payment Portal for Hapag-Lloyd

Logistics Viewpoints

Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.

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This Week in Logistics News (August 10 – 16)

Logistics Viewpoints

The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. Cargo imported into the U.S. according to the Walmart Marketplace website. from May’s 2.24

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

How Shanghai’s lockdown is dampening Port of Oakland volumes. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. And now on this week’s logistics news. s CargoNet.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

Each has the capacity to receive general merchandise items from suppliers in smaller freight loads, known in the industry as less-than-truckload (LTL), and consolidate them into larger freight loads known as truckloads (TL). Glovis America will operate the trucks around the Port of Oakland.

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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

USDA funding supports Port of Oakland pop-up container yard. Bank of America sounding the alarm on collapsing freight demand. The BrightDrop Zevo 600 has a payload of up to an estimated 2,200 pounds and over 600 cubic feet of cargo area. Trucking demand is “near freight recession levels,” according to Bank of America.