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Monthly Archives: February, 2016

Is low oil price a good thing? The impact of declining oil price on now and future

The reason why oil prices are low is not because demand is low, but because the oil industry is saturated with over supply. The impact...

Freight Rates in TransPacific Before and After Chinese New Year

After steamship lines started delivering large and more efficient vessels, there was no doubt that overcapacity would become an issue. Actually the idea behind...

Cloud in Logistics

Cloud-based applications continue to penetrate the supply chain management software space as more operations are eager to embrace the advantages which it maintains over...

Logistics Industry Welcomes Emerging Markets As it Prepares for Instability

After a turbulent 2015, the logistics industry is bracing itself for continued volatility in 2016. The forecast is filled with both positive and negative...

El Taro’s tragedy and what should be expected afterwards?

El Faro was a United States cargo ship that was crewed by the U.S. Merchant Mariners. It was built back in 1975 but sank...

GSP – Its Meaning To Importers And Their Suppliers

The GSP, also known as the Generalized System of Preferences, is a program designed to encourage monetary prosperity in developing countries throughout the world....

The SOLAS Container Weight Verification Requirement

As a result of safety regulations, the International Maritime Organization has decided to instill a new law. This law, which will become effective on...

Port Congestion

In many perspectives, the US Economy is slowly roaring back to life. If there is one word we in the transportation industry passionately love...

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