Freight Talk Blog2024-01-23T21:04:10+00:00

latest publications

Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

CBP PROPOSES NEW RULES FOR TYPE 86 ENTRIES

SECTION 321 TYPE 86 SHIPMENTS Customs and Border Protection (CBP) has identified areas for improvement in the management of low-value shipments under Section 321. The Notice of Proposed Rulemaking (NPRM) published on January 14, 2025 outlines significant changes to the de minimis shipment process, specifically impacting Type 86 entries. [...]

January 15th, 2025|Categories: Freight Talk, Uncategorized|

FREIGHT MARKET UPDATE | WEEK 03 | 2025

The freight market has experienced significant shifts over recent weeks, with a noticeable improvement in space availability across major trade lanes heading into Week 3. As we approach Chinese New Year (CNY), carriers are actively seeking to secure additional volume to strengthen their rolling pools ahead of anticipated factory [...]

January 14th, 2025|Categories: Freight Market, Freight Talk, Shipping News|

IMPACT OF POTENTIAL U.S. ENERGY POLICY CHANGES ON PROJECT CARGO AND RENEWABLE ENERGY PROJECTS

The project cargo industry is currently feeling optimistic due to the extensive energy, infrastructure, and industrial projects in the US. However, the uncertainty of the new presidential administration, especially for renewable energy projects, could dampen this optimism. Project cargo is the specialized transportation of large, heavy, or critical components—such [...]

January 10th, 2025|Categories: Freight Talk, Green News, Shipping News, Sustainability|

FREIGHT MARKET UPDATE | WEEK 02 | 2025

WEEK 2 FREIGHT MARKET UPDATE: TENTATIVE LABOR AGREEMENT, SLOWDOWN, TARIFF RISKS, AND LUNAR NEW YEAR IMPACT U.S. PORTS As we enter the second week of 2025, the freight market is navigating a blend of factors—seasonal slowdowns, political uncertainty, and the typical start-of-year adjustments. While demand remains resilient, certain key [...]

January 9th, 2025|Categories: Freight Market, Freight Talk, Shipping News|

TENTATIVE AGREEMENT REACHED ON SIX-YEAR ILA-USMX MASTER CONTRACT

WORK STOPPAGE AVERTED: U.S. EAST COAST AND GULF COAST PORTS REMAIN OPERATIONAL The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced on January 8, 2025, that they have reached a tentative agreement on all terms for a new six-year Master Contract. Both parties have agreed [...]

January 9th, 2025|Categories: Content, Freight Talk, Industry Spotlight, Shipping News|

U.S. EAST COAST STRIKE THREAT: ILA AND USMX STALEMATE LEADS TO NEW CARRIER SURCHARGES

ILA-USMX CONTRACT DEADLINE As the January 15, 2025 labor contract deadline looms between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), concerns mount about the possibility of a strike, particularly on U.S. East and Gulf Coast trade routes. While both parties express their desire to [...]

January 3rd, 2025|Categories: Content, Freight Talk, Industry Spotlight, Shipping News|

2024 FREIGHT INDUSTRY: YEAR IN REVIEW

In 2024, the freight industry faced supply chain disruptions, adapted to shifting global trade policies, and took bold steps toward environmental sustainability. Throughout the year, the supply chain was shaped by labor disputes, equipment shortages, natural disasters, and policy changes. However, the industry’s ability to pivot, adapt, and build resilience [...]

January 2nd, 2025|Categories: Content, Freight Talk, Industry Spotlight, Shipping News, Sustainability|

U.S. IMPACT OF MEXICO TEXTILE TARIFF INCREASE

On December 20, 2024, Mexico terminated a program that previously allowed U.S. apparel and textile importers to avoid paying duties by utilizing Mexican warehouses as fulfillment hubs through the Manufacturing, Maquila, and Export Services Industry (Industria Manufacturera, Maquiladora y de Servicios de Exportación) “IMMEX” program. The Mexican government’s decree, announced [...]

December 27th, 2024|Categories: Customs, E-Commerce, Freight Talk, Import, Warehousing|

ASIA AIR CARGO: GROWTH AND CAPACITY STRAIN

Air cargo volumes from Asia are on the rise, driven by strong demand and shifting trade patterns. However, as the market continues to grow, securing space on major trade routes is becoming increasingly difficult due to ongoing capacity constraints. SHIFT IN AIR CARGO CONTRACTS Over the past year, capacity issues [...]

December 20th, 2024|Categories: Customs, Customs & Compliance, Freight Talk, Shipping News|

PANAMA CANAL FEE INCREASES: IMPACT ON U.S. EAST COAST & GULF SHIPPING ROUTES

REVISED PANAMA CANAL TRANSIT RESERVATION SYSTEM AND TARIFFS Starting January 1, 2025, the Panama Canal Authority (ACP) will implement significant changes to its Transit Reservation System. These adjustments, which include revised tariffs, aim to streamline operations and better address the growing demands of global trade. "These changes will provide [...]

December 19th, 2024|Categories: Freight Talk, Green News, Shipping News, Sustainability|

FREIGHT MARKET UPDATE | WEEK 51 | 2024

As the U.S. freight market enters Week 51 of 2024, new Panama Canal tariffs and the potential International Longshoremen's Association (ILA) strike loom large. These challenges, combined with tightening capacity, are beginning to impact shipping operations, particularly along the U.S. East Coast and West Coast. PANAMA CANAL TRANSIT SURCHARGE [...]

December 17th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

GREEN WORLDWIDE RAISES $25,000 FOR ST. JUDE

GREEN WORLDWIDE SHIPPING IS THRILLED TO SHARE WE RAISED $25,000 FOR ST. JUDE CHILDREN’S RESEARCH HOSPITAL IN 2024! This year, all 16 of our offices came together to support the cause, with 141 employees—and their families—participating in the Walk/Run events across the country. Employees engaged in various fundraising efforts [...]

December 13th, 2024|Categories: Freight Talk|

KEY CHANGES TO U.S. ANTIDUMPING AND COUNTERVAILING DUTY PROCEDURES

CHANGES TO ANTIDUMPING AND COUNTERVAILING DUTY PROCEDURES The U.S. Department of Commerce (DOC) has finalized a rule that revises several aspects of its antidumping (AD) and countervailing duty (CVD) procedures, with a focus on non-market economy (NME) policy. This update primarily impacts AD cases. It allows third-country entities, owned [...]

December 11th, 2024|Categories: Customs & Compliance, Freight Talk, Import, Shipping News|

FREIGHT MARKET UPDATE | WEEK 50 | 2024

Container shipping demand stays strong in Week 50 as we head into late December and January, especially on the PSW and PNW routes. There are three main reasons behind this: volumes are shifting away from USEC routes, seasonal surges ahead of Chinese New Year, and front-loading activity due to [...]

December 10th, 2024|Categories: Freight Market, Freight Talk, Shipping News|

CHINA RESTRICTS KEY MINERAL EXPORTS AMID RISING US-CHINA TECH TENSIONS

China has announced a ban on the export of three critical rare minerals—gallium, germanium, and antimony—to the United States, citing national security concerns. These materials play an essential role in various high-tech industries, including semiconductors, fiber optics, solar energy, and defense technologies. The decision marks the latest development in an [...]

December 4th, 2024|Categories: Customs, Freight Talk, Industry Spotlight|

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