Airfreight Demand is Sky High

Editor Newsletter

Learn the secret to securing and maintaining Stable Air Freight rates We will discuss the current state of the Air Freight industry and indications why Air Freight rates will trend higher in the post COVID-19 era.  How can the shipper combat these market conditions? Air cargo and passenger demand have gone in opposite directions since COVID-19.  The air cargo sector …

UPS, USPS and FedEx Surcharges are Staying:

Editor Newsletter

How do Shippers Manage These New Increases? Surcharges of every description are popping up and there seems to be no end in sight.  More than ever, Shippers must pay closer attention to these charges and be ready to negotiate them down with the carrier. COVID-19 and the upcoming holiday season are concurrently causing havoc and providing most carriers opportunities to …

2020 Ocean Freight Rates Stabilize in October

Editor Newsletter

Rates have remained stable after rising 200% over the past year The future direction of Ocean freight rates is at a crossroad; there are multiple directions it can go and we’ve identified indicators that will drive rates in either direction.  Below, we will share this with you. For the last five weeks, rates have remained stable after rising nearly 200% …

Spot Rate vs Contract Rates

Editor Newsletter

Should a Shipper choose a Spot rate over Contracted Rates? The transportation marketplace faces challenges created by the uncertain economy born by unprecedented world events. During this volatility, should a Shipper choose a Spot rate over Contracted Rates, or vice versa? Below, we will weigh in and provide pros and cons of each pricing method and guide the Shippers onto …

Planning Key to Reduced Shipping Costs

Editor Newsletter

CPC provides guidance and action to Shippers resulting in lowered costs and better service The past few years have reflected a time requiring detailed planning and attention to optimize the ebbs and flows of the transportation market place. The rapidly changing economy has created a mine field for Shippers to navigate for the best pricing and service offered by the …

UPS, Teamsters Extend 2018 Labor Negotiations

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UPS, Teamsters Extend Labor Negotiations to Finish Side Accords United Parcel Service Inc. and the Teamsters agreed to extend their current labor contract past its July 31 expiration to wrap up 38 supplemental accords with locals, the union said. The extension doesn’t have an end date, but negotiators expect to conclude all talks within two months, said Denis Taylor, co-chairman …

Feature Commentary:  The Trump Import Tariff Bubble Economy

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If you are connected to a TV, mobile device, computer or radio, the headlines contain the words Trump is imposing 25% import tariffs. The news agencies and economists are talking about the lost jobs, the loss of export revenue, the farmers, etc. But, the reality is that volumes are up, way up! The cause is hysteria that the imported goods …

Ocean Network Express Posts Loss in Debut First Quarter

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Article from JOC.com about Ocean Network Express, which upon its formation inherited the container shipping operations of its three parent companies to quickly become the 6th largest container carrier. Ocean Network Express, often referred to as “ONE”, offers a network across all the world’s major trade lanes: Ocean Network Express, which began operations on April 1, 2018, generated $2.07 billion in revenue, compared with to …

Changes in Parcel Landscape Loom Large

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UPS, Teamsters Knock Heads Again UPS says it needs flexibility to compete with parcel newbies. Will the union play ball?  The UPS Inc. of 2023 may be a very different company from the one that exists today. By then, brown drones may fill the skies. Package cars may operate with the driver in the passenger seat. Sunday deliveries may become …

Container Rates Continue Downward Spiral

Editor Newsletter

Spot pricing has slipped again on almost every major east-west trade and remains significantly below 2017 levels, a trend that could be compounded by the introduction of additional capacity during the first quarter.  APRIL 16, 2018 Container freight rates continued to decline, with composite pricing on the eight major east-west routes measured by Drewry’s World Container Index down another 2 …