Brian Conrad, the head of the Transpacific Stabilization Agreement, recently spoke at an event to warn about the uncertainties that will greatly impact the international freight shipping industry in the future. Those uncertainties that Conrad was referring to include labor disruptions, rising expenses, new shipping alliances and the changing supply and demand in the industry. Conrad knows what he is talking because he is the head of the Transpacific Stabilization Agreement, also known as the TSA.
January 31st 2014 is the Chinese New Year, which is also known as the Spring Festival or called the Lunar New Year. And this year marks the Year of the Horse. During the holiday, there will be mass celebrations, as well as diminished shipping in the Far East.
