ISSUE OF CONTAINER SHORTAGE FINALLY EASING

ISSUE OF CONTAINER SHORTAGE FINALLY EASING

The world had been facing the greatest issue of container shortage at the ports after being hit by the Coronavirus. The problem made a huge impact on the imports and exports causing the delay in deliveries for over 3-7 days. There were times when ships had to steady...
Increase in Ocean Freight Costs

Increase in Ocean Freight Costs

There has been a huge increase in ocean freight costs in the last few months, which has resulted in many exporters facing losses in their business from various nations.  This upsurge in the freight cost has crossed the limit and has made it difficult for the exporters...
Growing Hindrance at China Sea Ports

Growing Hindrance at China Sea Ports

Severe container congestion has hit Shenzhen’s Yantian port. The port is responsible for handling one-third of Guangdong’s foreign trade shipments and one-quarter of China’s exports to the U.S. Yantian port mainly connects China with Europe and the U.S. The port has...
Union Pacific Railroad was Closed for 72 Hours

Union Pacific Railroad was Closed for 72 Hours

Union Pacific Railroad has closed down most of its intermodal connections in the Pacific Northwest, Midwest, and as far south as Texas for 72 hours. Due to extreme weather conditions, the UP has to take severe measures and call off its services in the region. The...