What is a Customs Bonded Warehouse and Why do I Need One?
Enterprises preparing to transport goods into the United States, but not ready to sell the merchandise immediately need a customs-bonded warehouse for storing the goods. Mainly, because imported goods are vulnerable to Customs or border seizures. Also, sudden changes in politics, economics, and legislation, warehousing can serve as protected custody.… Read More »
How Does the Winter Weather Affect the Shipping Industry?
As the winter weather approaches, those in the shipping, freight, and rail industry are beginning to think about how to prepare for the weather that is coming up. In terms of the time of year, the winter season is arguably the toughest when it comes to freight shipping.… Read More »
Tech Advancements Offer Shipping Industry Enhanced Supply Chain Visibility
When people hear the word holistic, they often think about progressive approaches to health and wellness. But those working in the freight industry are also taking a “so-called holistic” approach to supply chain visibility by utilizing the latest technological advancements. By integrating technologies with traditional methods of freight tracking and… Read More »
Blockchain Technology Comes to the Shipping Industry
For decades, maritime engineers and supply chain specialists used nothing more than a pencil and paper to handle the flow of millions of items from one point to another. The advent of the internet age offloaded much of this work to software programs, but even the most sophisticated programs were still subject to… Read More »
Shipping Costs at a Six-Year Low; Time to Shop for a Full Service Freight Management Company
Shipping costs were at a six-year low in 2017, and with the continuing decline of freight costs, it may be time to look for a full-time freight management company so that you can concentrate on running yours. The Numbers Moore Stephens is a global shipping consultant who reported that total annual… Read More »
Can Drones Play a Part in Freight Transport?
Drones are no longer just big boy toys to fly around. Commercial drones are now being considered for use in multiple industries, including that of cargo freight services, Companies handling freight transportation may want to investigate the potential for drone use in the delivery of goods, firefighting and in search… Read More »
Could Tariff Retaliation Harm the U.S. Shipping Trade?
Many big players in the steel industry cheered at the announcement that steep tariffs were to be imposed on foreign steel and aluminum imports. With more limited competition from outside the country, these steel producers believed, their own profits were poised to soar. But while these tariffs may have a… Read More »
What Impact Will the Growth in Biofuels Have on the Trucking Industry?
Fuel is obviously a huge component of any trucking company’s total costs. Indeed, as of 2015, the U.S. trucking industry consumed 54.3 billion gallons of diesel fuel and gasoline each year, accounting for approximately 20 percent of the industry’s total operating costs. That’s why any shift in the source… Read More »
What Does Amazon’s Acquisition of Whole Foods Means for the Trucking Industry?
The news that Amazon.com Inc. intends to purchase Whole Foods Market Inc. for $13.7 billion has sent shockwaves through a number of industries, and trucking is among those sectors that could see significant side effects from the merger of the e-commerce giant and the natural foods supermarket. In contrast to the… Read More »
What Could Changes to The Jones Act Mean for the Shipping Industry?
Maritime law is a relatively niche and often misunderstood area of law; indeed, even attorneys may have trouble defining the Jones Act or what it addresses, absent some prior experience in this field. However, for those who work in the marine industry, the protections offered by the Jones Act (most notably… Read More »