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.

US TASK FORCE: MORE RESOURCES NEEDED FOR UFLPA ENFORCEMENT

INAUGURAL UYGHUR FORCED LABOR PREVENTION ACT STRATEGY REPORT The Forced Labor Enforcement Task Force (FLETF) issued its initial update on the Uyghur Forced Labor Prevention Act (UFLPA) strategy, emphasizing the need for increased funding and resources for effective enforcement. The update, released on August 1 and mandated annually, highlights [...]

August 3rd, 2023|Categories: Customs, Customs & Compliance, Freight Talk, Import, News, Shipping News|

EU: 2024 MARITIME EMISSIONS REPORTING AND FEES

EUROPEAN UNION: SHIPPING INDUSTRY The shipping industry is crucial for the EU economy due to its energy efficiency, but it's also a major and increasing source of greenhouse gas emissions. In 2018, global maritime shipping emitted 1,076 million tonnes of CO2, accounting for about 2.9% of emissions. Projections suggest [...]

August 3rd, 2023|Categories: Export, Freight Talk, Import, Industry Spotlight, Shipping News|

FREIGHT MARKET UPDATE | WEEK 31 | 2023

WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]

August 1st, 2023|Categories: Freight Market, Freight Talk, Shipping News|

TENTATIVE AGREEMENT REACHED: BCMEA, ILWU CANADA

ILWU CANADA, BCMEA REACH ACCORD In a joint statement released on Sunday, July 30, 2023, the International Longshore and Warehouse Union Canada (ILWU) and the British Columbia Maritime Employer's Association (BCMEA) announced that a tentative contract agreement was reached between both parties. Leadership of both organizations are recommending their members [...]

July 31st, 2023|Categories: Freight Talk, Import, News, Shipping News|

ISSB LAUNCHES SUSTAINABILITY DISCLOSURE GUIDELINES

In June, the International Sustainability Standards Board (ISSB) released its inaugural set of sustainability disclosure guidelines for corporations. The guidelines, known as IFRS S1 and S2, aim to help companies assess and mitigate their negative environmental impacts in a systematic manner. ISSB’s goal is to establish a global foundation [...]

July 28th, 2023|Categories: Freight Talk, Industry Spotlight, Sustainability|

STRIKE AVERTED: UPS, TEAMSTERS REACH AGREEMENT

UPS AND TEAMSTERS REACH AGREEMENT UPS and the International Brotherhood of Teamsters (Teamsters) reached a tentative agreement for a five-year contract on Tuesday averting a strike. Endorsed by the UPS Teamsters National Negotiating Committee, the tentative agreement adds new full-time jobs, increases hourly pay rates for both full and part-time [...]

FREIGHT MARKET UPDATE | WEEK 30 | 2023

WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]

July 25th, 2023|Categories: Airfreight, Freight Market, Freight Talk, Shipping News|

US-TAIWAN TRADE BILL: FOSTERING TRANSPARENCY & GROWTH

FOSTERING TRANSPARENCY & GROWTH The United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (H.R. 4004) is a bipartisan bill that formally validates Congressional endorsement of the trade agreement negotiated between the Biden Administration and Taiwan. Making its way to President Biden for approval, this legislation outlines stipulations for [...]

July 20th, 2023|Categories: Customs, Freight Talk, Import, News, Shipping News|

ILWU CANADA REISSUES STRIKE NOTICE

JULY 21, 2023 UPDATE:  The ILWU strike notice has been retracted and labor operations at the Ports of Prince Rupert and Vancouver have returned to normal. The full schedule can be found on the Maersk website. ILWU CANADA MEMBERS REJECT CONTRACT The International Longshore and Warehouse Union Canada (ILWU) members [...]

July 19th, 2023|Categories: Freight Talk, Import, News, Shipping News|

SEC URGES CHINA FIRMS: ENHANCE UFLPA COMPLIANCE DISCLOSURES

COMPREHENSIVE COMPLIANCE DISLOSURES The Securities and Exchange Commission (SEC) is urging China-based companies to provide more comprehensive disclosures regarding their compliance with the Uyghur Forced Labor Prevention Act (UFLPA) and reporting on the Chinese government’s involvement in their operations. Recently, a sample letter was shared on the SEC's official website, [...]

July 19th, 2023|Categories: Customs, Freight Talk, Import, News, Shipping News|

UPS STRIKE LOOMS

POTENTIAL UPS STRIKE The pending strike by United Parcel Service (UPS) Teamsters is causing widespread concern throughout global supply chains. As negotiations between UPS and the Teamsters stagnate, businesses worldwide are preparing for potential disruptions to shipping and logistics services.   The potential August 1, 2023, strike may create bottlenecks and [...]

FREIGHT MARKET UPDATE | WEEK 29 | 2023

WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]

July 18th, 2023|Categories: Airfreight, Freight Market, Freight Talk, Shipping News|

ILWU CANADA ENDS 13-DAY STRIKE

ILWU CANADA AND BCMEA REACH TENTATIVE AGREEMENT The 13-day labor strike between the International Longshore and Warehouse Union Canada (ILWU) and the British Columbia Maritime Employers Association (BCMEA) came to an end during late night negotiations on July 13. Federal mediators assisted both parties in reaching the tentative 4-year agreement [...]

July 14th, 2023|Categories: Freight Talk, Import, News, Shipping News|

FREIGHT MARKET UPDATE | WEEK 28 | 2023

WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more.  For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor international [...]

July 12th, 2023|Categories: Airfreight, Freight Market, Freight Talk, Shipping News|

ILWU CANADA STRIKE PROMPTS PORT CHANGES & BACKLOG CONCERNS

The ongoing strike by the International Longshore and Warehouse Union (ILWU) Canada, which has entered its second week, is causing changes in port calls. Some vessels are now being redirected from Vancouver to Seattle-Tacoma. There are concerns about potential cargo backlogs near the ports of Vancouver and Seattle-Tacoma. The Vancouver [...]

July 10th, 2023|Categories: Export, Freight Talk, Import, News, Shipping News|

IATA UNVEILS NET ZERO TRACKING METHOD FOR EMISSION REPORTING

NET ZERO EMISSIONS TRACKING METHODOLOGY FOR AIR TRANSPORT The International Air Transport Association (IATA) announced plans to release an annual report called "Track Zero" to monitor the progress of the aviation industry in achieving its commitment to Net Zero carbon emissions by 2050. This report will utilize IATA's Net [...]

July 10th, 2023|Categories: Airfreight, Export, Freight Talk, Import, Industry Spotlight, Shipping News|

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