Market Advisory

Must-See Information

The supply chain management and logistics industries move quickly. Our team provides time-sensitive and urgent information about conditions affecting markets around the world. Read more by clicking on one of the stories below.

ICAO Deadline and Change in Screening Requirements

ICAO Deadline and Change in Screening Requirements

any changes that impact costs or transit times On July 1st, the TSA will require that air cargo on all-cargo aircraft be screened in an identical manner as cargo traveling on passenger planes. Airlines, ground handlers, and forwarders are working furiously to plan, in...

Best Practices: Paying Customs Duties Directly And Electronically

Best Practices: Paying Customs Duties Directly And Electronically

The sharp increase in freight rates and imposition of trade remedy duties over the past several years has meant additional out-of-pocket costs for shippers. Previously, TOC’s policy was based on a financial review, after which we would extend credit for things like...

ONE Apus And Insurance

ONE Apus And Insurance

After more than four months, the ONE Apus finally arrived and departed the Port of Long Beach. Caught in a storm on November 30, 2020, approximately 1600 nautical miles northwest of Hawaii, the ship lost more than 1800 containers overboard and diverted to Kobe, Japan,...

Suez Fallout and Some Key Shipping Terms You Should Know

Suez Fallout and Some Key Shipping Terms You Should Know

Although the memeing of the Ever Given has subsided and any day now we should get an incident report detailing what caused the six-day blockage, shippers and ports around the world are coming to grips with bunches of arriving vessels, equipment feast, and famine. This...

Suez Canal Disruptions Felt Throughout The Industry

Suez Canal Disruptions Felt Throughout The Industry

The Ever Given is dislodged and the Canal Authority is working to clear the backlog of ships on either side, but the fallout from the previous week has only just begun reverberating through the logistics industry. What looks to many like a problem on another lane, in...

Estimates Range From Days To Weeks To Re-Open Suez Canal

Estimates Range From Days To Weeks To Re-Open Suez Canal

Global supply chains already struggling under the weight of port congestion, exponential rate increases and equipment shortages suffered another shock early this week when on Tuesday the 20,000 TEU Ultra-Large Container Vessel (ULCV) Ever Given blocked a single-lane...

Trucking Capacity Update

Trucking Capacity Update

The interconnected nature of supply chains—hence the term including the word ‘chain’ overtly implying linkage—means that breaking one link has consequences for the integrity of the entire chain. Beginning with the problems created by container backlogs, shortages and...

Oceanic Challenges Part 2: The Transpacific

Oceanic Challenges Part 2: The Transpacific

Transpacific conditions are worsening for carriers, shippers, and longshoremen. Last week, we cautioned our customers about the challenges on the transatlantic trade but neglected to include the midweek surprise of a three-day strike in Hamburg by port workers at HHLA...

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