Trans-Pacific Shipping Rates Erosion Continues

Trans-Pacific Shipping Rates Erosion Continues

 Trans-Pacific Freight Rates Rates on the trans-Pacific trade from Asia to North America are starting to resemble the Asia-Europe and may hit three-digit numbers for spot rates for 40-foot containers moving from China-based ports to Los Angeles and Vancouver. I can’t...
What is SOLAS?

What is SOLAS?

What is SOLAS? The International Convention for the Safety of Life at Sea (SOLAS) is an international maritime safety treaty from the International Maritime Organization (IMO), the maritime arm of the United Nations. It regulates the safety of life at sea, which...
U.S. Freight Rate Decline and Canadian Volumes Rise

U.S. Freight Rate Decline and Canadian Volumes Rise

U.S. Truck Freight Rate Decline The first-quarter of 2016 freight volumes were down 3 % year-over-year. Shipper procurement dropped 1.4 percent in January and 5.1% in February. The 7 % drop in March reflects weaker spot and contract rates. A decline in available...
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