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The Freight Logistics Optimizations Works Initiative (FLOW) is a first-of-its-kind private-public partnership led by the U.S. Department of Transportation (DOT) that creates a more complete shared picture of the U.S. supply chain for members, which includes the nation’s busiest container ports, major ocean carriers, and some of the largest retail importers.
The Chinese New Year, also known as the Lunar New Year or Spring Festival, is one of the most important holiday periods in East Asia. For shippers, it presents specific logistical challenges. Production slows down, operations are limited, schedules get disrupted, and transportation gets delayed leading to significant supply chain disruptions.
With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis’ attacks, cargo prices are soaring.
World Maritime Day, observed each year on the last Thursday of September, was established by the United Nations in 1978. It is meant to raise awareness about the importance of the global shipping industry and the vital contribution it makes worldwide. As an Ocean freight forwarder, BTX Global Logistics honors this day and supports the efforts of the International Marine Organization (IMO) to provide safe, efficient, and sustainable growth in the maritime shipping sector.
In an effort to establish fair measures and standardize freight pricing, the National Motor Freight Traffic Association (NMFTA) created the National Motor Freight Classification (NMFC) system that classifies all commodities in the United States into one of 18 classifications. Effective August 5, 2023, there will be several changes to classifications that you should be aware of as a shipper.
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CANADA - Over 155,000 public sector workers are on strike, effectively shutting down approximately 30 different government departments in Canada.
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Beginning March 1 2023, freight forwarders, air carriers and all economic operators involved in handling, sending, shipping and transporting cargo, express or postal consignments to or via the EU by air are required to comply with new advance data reporting procedures know as Import Control System Release 2 (ICS2).
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Source: ReportLinker
The total movement of products over an inland transportation network is referred to as freight transport. All supply chains and logistical systems rely heavily on freight transportation. The market’s growth is linked to the affordable shipping costs set by suppliers of freight transport services and the many free trade agreements between nations.
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Article by: Chris Jones, Executive Vice President of Industry Services, DeCartes
Source: Supply Chain Brain
A number of macroeconomic and geopolitical challenges, as well as significant learnings about risk and disruption, are setting shippers and logistics service providers (LSPs) down different paths in 2023 and beyond. Looking at research and analysis combining economic, demographic and industry insight, six significant trends have emerged for 2023.
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With less than two months to go before being sworn into office again as the 47th President of the...
BTX Global Logistics expands its Canadian operations with the opening of a new regional branch in ...
BTX Global Logistics is excited to be celebrating 44 years of delivering a world of service to...
On August 19, 1939, President Franklin Roosevelt established the first National Aviation Day...
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