Based on statistics as of 2015, the following U.S. shipping ports are included in the list of largest ocean ports in the world. Thus, these are America’s largest ocean ports: The Port of Los Angeles, The Port of Long Beach (California), The New York/New Jersey Port (Newark, NJ), The Georgia Ports (Savannah, Brunswick, Bainbridge & […]
In today’s global economy, ocean freight is necessary to meet the demands of consumers worldwide. Shipping via ocean freighters is the method by which a huge majority of goods, especially raw materials, are transported from place to place. In fact, over 90% of the world’s trade is conducted via maritime transport. Ocean freight allows companies […]
Americans hear a lot about the trade deficit. Indeed, for a lot of people the phrase “Made in America” seems to reflect a bygone era as the country’s manufacturing sectors have waned with the rise of the so-called digital economy. However, the United States is still a force to be reckoned with as far as […]
With so many uncertainties surrounding President Trump’s plans to impose international trade tariffs and taxes, there has been speculation that the resulting impact on international shipping could be huge. It’s important to be prepared for the effect of Trump policies on international shipping and logistics. During his campaign, Trump stated he would significantly increase import tariffs […]
Global Shipping Effects of the Hanjin Bankruptcy Hanjin Shipping, a South Korean company and the seventh largest container shipper in the world, filed for bankruptcy on Wednesday, August 31, 2016, which has prompted significant questions and confusion around the world as to how this will affect global shipping. The company represents almost 8% of trans-Pacific […]