Air Freight Market Forecast

Air Freight Market Forecast

Air freight capacity has remained consistently tight following the Lunar New Year holidays in Asia. The China to Chicago lane is particularly congested. A long-term forecast indicates there will be high demand into the third quarter, however, with the return of more passenger flights, capacity should increase. As more people around the world get vaccinated, and…

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Port of NY/NJ Closed 2/18

Port of NY/NJ Closed 2/18

Due to an inclement weather, the port of New York & New Jersey marine terminals will be closed February 18, according to an alert posted by the Port Authority this afternoon. Shipping delays should be expected. We will continue to provide updates, as they become available. Find live updates from the port here.

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NY/NJ Port Closed Due to Severe Weather

NY/NJ Port Closed Due to Severe Weather

Due to an increasingly severe winter storm, the port of New York & New Jersey marine terminals will be closed February 1 and February 2, according to an alert posted by the Port Authority this afternoon. Shipping delays should be expected. Normal operations are expected to resume on February 3. We will continue to provide…

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LA/Long Beach Port Officials Appeal For Vaccine Distribution In Face Of Severe Labor Shortages

LA/Long Beach Port Officials Appeal For Vaccine Distribution In Face Of Severe Labor Shortages

As COVID-19 rapidly surges throughout the state of California, dockworkers have been heavily infected with reports of approximately 700 workers contracted with the virus and hundreds more taking related leave at the LA/Long Beach Ports. Port executives and union leaders have grave concerns over the potential for the ports to shut down as they face…

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System Overload Continues…

System Overload Continues…

The cargo surge that began in June of 2020 and continued through year-end, has showed no signs of slowing down in 2021 with projected 20 to 30 percent year-over-year increases in cargo demand.  Shipments of personal protective equipment (PPE) that moved in addition to typical holiday cargo volume, resulted in a 2020 peak season the…

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USTR Extends Exclusions on COVID-19 Treatment Products, Adds Additional Goods

USTR Extends Exclusions on COVID-19 Treatment Products, Adds Additional Goods

The Office of U.S. Trade Representative (USTR) plans to extend exclusions on goods that are used to treat COVID-19 from the Section 301 tariffs on goods from China. The product exclusion extensions announced in the notice will extend exclusions through March 31, 2021. In consideration of the ongoing efforts to combat COVID-19, and the rising…

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