In the past month, the world as we know it has made unprecedented changes that have altered everything. These alterations have impacted how we eat, how we communicate, and our personal relationships. But these changes could have major implications that aren’t on most...
With a series of bold decisions and an unorthodox business model, Amazon has gone from a small book company to an absolute juggernaut. While the original mindset among competing corporations was to simply beat them at their own game, this method has proven...
Significant events happening in the Middle East may have a major impact on ocean shipping, international trade, and global markets. To assess the position and growth in the Middle East, the Dubai Gold and Commodities Exchange (DGCX) is often used as a reference point....
The U.S Customs and Border Protection issued a press release on February 6, 2020, related to New York residents and eligibility for the renewal membership of the Trusted Traveler Program. New York has new state legislation that restricts access to criminal history as...
After 40 years in the ocean transportation industry, we still hear these two terms used interchangeably. However, it’s important to note the differences to avoid misunderstandings and confusion. Importing and exporting are vital to your business and being able to...
With 2020 finally here, global shipping services are starting to execute their ocean transportation plans for the new year. Most are ready to face new challenges and grab opportunities that lay ahead. The most prominent of 2020’s trends is IMO’s newly designed...
Recently, the U.S. Customs and Border Control made an exciting announcement that they will be releasing an automated tool that will speed up the processing of vessel manifest confidentiality requests. Turnaround time will go from 60 to 90 days, to as little as 24...
Quantitative Easing is a financial tactic which has been deployed across the world by various central banking agencies in effort to stimulate economies and stave off deflation (the practice started with the US Federal Reserve in 2008). When governing financial bodies...
Forces of Nature are unpredictable. Lately it seems, climate change is catalyzing increasingly extreme weather. The force of natural disasters creates a ripple effect of damage and loss that emanates far beyond the community which has been hit. Some storms sweep in...