Within the shipping world, ‘Incoterms’ are a set of standards used within a trade regardless of whether the trade is domestic or international. Published by the International Chamber of Commerce, International Commercial Terms (Incoterms) essentially outline all the important details within the trade including time of delivery, location of delivery, payment, and which party pays […]
Back in 1934, the US saw what would become one of the most well-known dates in maritime history after six people died during a strike. Located in San Francisco, there had been no union in place for the workers on West Coast ports since the end of World War I. As a result, many started […]
For a long time, much of the conversation has been on how megaships are ‘coming’ but, in truth, they’re actually here now so are we ready for them? In years gone by, we were impressed by cargo ships’ ability to carry up to 5,000 shipping containers. Suddenly, they now hold 18,000 and many port infrastructure […]
Recently, we discussed how US and European shipping companies were being forced to merge or accept takeovers in order to survive. However, it seems as though these types of changes are happening all over the world with many Japanese and Korean carriers discussing the same sort of deals. Hyundai Merchant Marine, the largest carrier in […]
When it comes to ocean freight containers, there has long been a debate as to whether floor loading or palletization is best. So, it is floor loading versus palletization. Thanks to researchers at Virginia Tech, we could now have an answer to this very question as they’ve developed a tool that will optimize all aspects […]
When it comes to shipping, there are certain hazardous freights and products that present certain dangers to all those involved in the process. Not only could they cause harm to those handling the containers and shipments, they could also cause damage with leaks in the sea. In the US, this has led to the use […]
Just like every industry, companies in the shipping corner of the world are now paying millions to increase their visibility on a global scale. In order to attract the attention their way, they’re using top-of-the-range programs and software solutions to make the industry more accessible. However, is it possible to achieve both freight visibility and […]
As we all know, there are certain US customs exams in place within the shipping industry. However, very few know what they all mean and how they help which is why we have created this brief guide here today! VACIS Exam/X-Ray – First and foremost, the VACIS Exam is held by US Customs and […]
When it comes to exports just over a decade ago, transportation equipment led the way with over $218 billion worth of products and services. With the US not producing as many electronic goods in 2006, this sat in second with $169 billion with forestry products rounding off the top three with $133 billion. Interestingly, energy-related […]