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What to Expect as 2017 Progresses: Contract Negotiations, Disruptive Global Trade Trends, and More
We live in a world with unprecedented global ties, and seamless collaboration for us industry professionals to do tasks after tasks. There are many variables out there that affect our decision-making process. In this article, I would like to provide you some insights to keep in mind as we move ahead with the rest of 2017. Contract Negotiations The difference between the expectations of shippers and carriers on ocean freight rates this year may set the stage for difficult contract negotiations for the 2017-2018 shipping season. Shippers assume they can lock in contracts with little or no rate increases, compared to
The Increase of US Containerized Imports
Looking into 2017, markets anticipated U.S. containerized imports to jump approximately 6.0% up, compared to last year, and reach a new peak of 21.8 million TEUs, mainly on strong consumer demand. Northeast Asia contributed most to the import trade, adding 1.91% to growth, followed by Southeast Asia which contributed 1.02% to growth. China continued to be the largest supplier of containerized goods to the U.S., accounting for 46.8 percent of the total U.S. inbound trade. In this atmosphere, I believe it is critical to focus on utmost time and cost efficiency, when moving freight into the U.S., and take proactive steps to
This is What a Massive 500 Gallon Propane Tank Explosion Looks Like
If there's one thing that you want to avoid with anything that's propane powered from your grill to your heater, It would most obviously be a situation that would put the propane tank in danger of building up enough pressure to explode and send shrapnel flying everywhere. While these tanks are fitted with safety...
Corrugated Packaging: How to Measure Regular Slotted Carton Shipping Boxes
How to measure Regular Slotted Carton Shipping Boxes for their specifications.