Understanding FLOW and How it Benefits the Supply-Chain Industry

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.  

Read More

Lunar New Year is Approaching: Are you prepared for its logistical challenges?

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.

Read More

Ocean Container Rates hit $10,000 as Inflation Soars Amidst the Red Sea Crisis

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. 

Read More

Logistics: Retailers Adapt to Changing Consumer Demands

Retailers believe they've finally got inventories in the right place after several years of pandemic-driven volatility sent stockpiles and profit margins on a roller-coaster.
 
Read More

Ocean Freight: BTX Supports World Maritime Day & IMO's Sustainability Initiatives

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. 

Read More

National Motor Freight Classification Changes Take Effect on 8/05/23

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.

Read More

Canada's Federal Government Strike and Its Impact On Your Cargo


CANADA - Over 155,000 public sector workers are on strike, effectively shutting down approximately 30 different government departments in Canada.

Read More

EU: Import Control System 2 (ICS2) Release 2 Takes Effect March 1st


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).

Read More

Logistics Trends & Analysis: A Deeper Look at the Global Transportation Freight Market


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.

Read More

Supply Chain and Logistic Trends for 2023


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.

Read More
All posts
 /