What are the differences between pallet, skid, and crate?

What are the differences between pallet, skid, and crate?

In the world of freight shipping, the terms “pallet,” “skid,” and “crate” are frequently used to describe various packaging and shipping methods. Each plays a vital role in cargo movement, providing support and protection to the material being shipped. In this essay, we will explore the differences between these three crucial components and their significance…

Mid-August News in the North American Freight Market

Mid-August News in the North American Freight Market

Mid-August News in the North American Freight Market North American Port Delay Situation Due to terminal congestion in Canada, Vancouver and Prince Rupert Port are experiencing ongoing delays. There were delays at some U.S. ports Latest News on CN and CP Railway Strikes The Canadian Industrial Relations Board (CIRB) ruled that CN Rail and Canadian…

The Importance of Cargo Insurance

The Importance of Cargo Insurance

The key role of cargo insurance cannot be overlooked, especially against the backdrop of frequent accidents. While incidents such as ship sinkings may not make the headlines, their occurrence is more frequent than expected—approximately 350 ships sink each year. Additionally, smaller incidents like container leaks, cargo shifts, theft, and failure to deliver can also lead…

Will ocean freight rates increase again in late August?

Will ocean freight rates increase again in late August?

Since late July, international shipping rates have seen consecutive decreases over three weeks, resulting in reductions exceeding $2000 per 40HQ container from China to the U.S. West Coast, and over $1000 to the U.S. East Coast. However, starting in the second week of August, various shipping companies have indicated that international shipping rates are set…

What are Ocean Alliances?

What are Ocean Alliances?

Ocean alliances are collaborative agreements between major container shipping lines. These agreements allow member lines to share vessels, port calls, and even entire trade routes. The primary objective behind forming these alliances is to achieve economies of scale, optimize capacity, and enhance service offerings, all while reducing operational costs. The Major Ocean Alliances There are…