Creating New Partnerships

Over the past decade, Global Forwardig has been building the most innovative platform in the logistics industry. As of the first quarter in 2015, shippers can obtain instant freight quotes on LTL, Full Truckload, International Ocean (both LCL and FCL), Air freight, expedited domesitc shipments and even small parcel shipments online. In addition to our technology and the achievements in efficiency, we've been working on making our amazing rates and service available to even more shippers through our Agent progroam.

Spot Freight Rates Improving

In January, spot market freight volume declined seasonally, falling 11% from an abnormal December high.

Volume also collapsed 27% compared to the same time in 2014. It was the first time in 19 months, which the year-over-year declined for the index that measures truckload freight demand and capacity,

West Coast Port Strike

Shipping freight rates are being pushed up due to a U.S. West Coast port strike. Container ships are unavailable for new orders because of delays in offloading and taking on new cargo.

Off the large U.S. West Coast ports, dozens of container ships are lying in wait. Many of which have been waiting more than a week to enter port to unload or take on new cargoes.

A lot of vessels are being affected by the strike. There are a lot of delays and container rates are being pushed up due to fewer ships being available for new orders.

Cargo Transport Leading to Arctic Pollution

A new report warns us about air pollution from ships in the high Arctic, to increase air pollution from shipping.

Although the report is called “Air pollution from marine vessels in the U.S. High Arctic in 2025,” its findings are of concern to the entire Arctic region.

It is estimated that shipping could increase in the next 10 years anywhere from 150 percent to 600 percent due to Arctic ice melt,

Is Industrial Real Estate Vanishing?

Net absorption of warehousing and manufacturing space in the U.S. has been positive for 19 consecutive quarters, yet continued improvement is expected at least through 2015.

The main drivers of industrial real estate; cargo volumes at seaports, rail freight volumes, gains in gross domestic product, increasing retail sales and a gradually improving housing market, all indicate that the trend will continue.

East Coast CSX Train Derails

Authorities are investigating the partial derailment of a freight train early Saturday in South Philadelphia. Inside a CSX Corp. rail yard near 11th Street and Pattison Avenue, the incident took place around 3 a.m. A three-locomotive, 111-car CSX freight train was traveling from Chicago to the Philadelphia area when 11 tank cars containing crude oil came off the tracks. The cars, luckily, had remained upright.

Complications Created by Failing Logistics Companies

A record number of courier and trucking businesses collapsing last year led to a raise of insolvencies in the logistics industry. Insolvencies jumped from 20% to 221 in 2014, which is more than double the 2010 figure. Overcapacity in the sector drove prices down.

New Ship Designs May Be Coming Soon

Lade AS, a Norwegian ship designer, has revealed a new, futuristic design for cargo ships. The new vessel will be using the ships’ hulls as the sail. The ‘Vindskip’ is inspired by sailboats and aerospace technology. The hull is a symmetrical air foil designed to use wind for propulsion, which will generate aerodynamic lift, pulling in the ship’s direction.

Larger Ships Means Larger Problems For Ports

    New vessels are being built bigger than ever and shipping lines are forming bigger alliances to make the most of them. Shipping lines are utilizing larger ships by allowing other alliance members' cargo on their vessels. However, the past few months have left container stacking areas in the quays full and overflowing. In particular Los Angeles and Long Beach have been citing struggles in handling the massive volume of empty containers during this past peak shipping season.

Federal Intervention Seeks To Put End To West Coast Dispute

    The U.S. Federal Mediation and Conciliation Service gave a statement that it will aid in resolving the still unsolved negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union. These groups represent employers and up to 20,000 dockworkers respectively at over twenty ports along the western coastline. Federal mediators are seeking to put an end to these stalled negotiations that have filled the freight shipping news for the past few months.

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