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Difference between Maritime, Shipping, Freight, Logistics and Supply Chain

Shipping and Freight Resource

To the uninitiated (which included me at one stage), these industries are same or similar and it might come across that there is no difference between Maritime, Shipping, Freight, Logistics, Supply Chain and Trade. Maritime Industry. Trade is the reason all above businesses from 1-5 exist. An estimated 89.5%

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. Let’s examine the details of the ocean freight contract season and how companies can successfully manage it.

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Maritime Market Madness

FreightWaves SONAR

Well, the maritime market is in the middle of its own “August madness.” The maritime market madness has caused some retailers to wonder if Christmas is going to be canceled. The pressure in the maritime market has been caused by numerous factors including: Historically high U.S. You’ve heard of “March Madness.”

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Future Freight Rates Development

Logistics Business Magazine

European road and parcel freight rates will increase with 8% in the next six months; Global ocean freight rates are stable at a low level, but air freight rates will further decrease by another 5%. The BCI panel expects that the road freight rates will increase with 8% in the next six months.

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How COVID-19 Impacted the Top Ocean Freight Ports in the Americas

Now, That's Logistics

In 2020, the top ocean freight ports in the Americas were all located in the U.S., more ocean freight than it did the prior year, according to SCMR’s numbers. According to JOC, freight forwarders in Brazil have seen the length of time between container booking and vessel departure increase. where Los Angeles, Ca., Newark, N.J.,

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SONAR Indices & Insights: Monitor containerized freight volumes’ impact on inland freight networks with Loaded TEUs indices

FreightWaves SONAR

In this edition of “SONAR Indices & Insights,” the SONAR team explains another index found within SONAR, the freight forecasting platform from FreightWaves. This week, learn how freight market participants are predicting the impacts that containerized freight volumes may have on inland freight moves out of major U.S.

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Flag States and their performance – 2020/2021

Shipping and Freight Resource

600(15) of The International Maritime Organisation (IMO) became mandatory on 1st January 1996. Ratification of major international maritime treaties. A flag State is required to ratify International Maritime Conventions such as SOLAS and if not, it should be able to provide good reason for not having ratified any of the instruments.