Even though sales leads may not be the main focus of the average freight forwarder, acquiring new customers is just as important for them as it is for any business. Below are 6 tips that will help you in improving your sales results. 1. Build a personal relationship with your [...]
The International Air Transport Association (IATA) welcomed the decision by the Biden Administration to enable vaccinated travelers to enter the US with a negative COVID-19 test result prior to travel from early November. Importantly, this supersedes the so-called 212f restrictions which prevented anyone from entering the US if they had [...]
CMA CGM has been hit by another cyber attack, just under one year since its last big breach. The French containerline told customers today that it had suffered a leak of data on limited customer information involving first and last names, employer, position, email address and phone number. CMA CGM [...]
Current port delays on the US West Coast are contributing to the extraordinary lack of available vessel capacity that we are currently seeing globally, which is putting immense pressure on ever-tightening rates, according to VesselsValue, a shipping online valuation and data provider. There are currently 49 cargo vessels that are [...]
A butterfly effect can be seen in supply chains worldwide, with disruptions in one location resulting in significant delays and congestion elsewhere on the planet. The pandemic has highlighted the fragility of this interconnected system, and in recent months COVID outbreaks and extreme weather in parts of Asia have led [...]
Boeing today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, [...]
The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether its giant container ships stacked high with of 40-foot steel boxes, bulk carriers [...]
Southern California ports set new records Friday for the number of vessels in port as the pandemic-driven import boom that continues to pressure ports from coast to coast. The Marine Exchange of Southern California on Friday reported a new record of 134 ships in port, including 74 total ships at [...]
Orders for LNG-fueled newbuilds have continued to gain market share in 2021, approaching 30% of new shipbuilding orders by gross tonnage, according to SEA-LNG citing Clarkson Research Services data. SEA-LNG is a UK-registered non-profit that advocates for the use of liquified natural gas as a currently available, environmentally-friendly marine fuel. [...]
$200,000 a day for a boxship charter; $125m for a six-year-old, 6,865 teu vessel – the scorching container shipping sector has entered supernova territory. The records continue to tumble in box shipping’s most extraordinarily profitable year, pushing asset prices further skyward. S&P broking sources this week suggest a six-year-old 6,865 [...]
