Freight & Logistics | May 17, 2022 How Can Reducing Blank Sailing Improve Cash Flows? Blank or void sailing is a term used for when a carrier or shipping line skips a particular port or the entire scheduled sailing route altogether. Carriers across the world announce blank sailings time and again. Since COVID, however, the number of announcements for blank sailing has increased by manifolds. This has put a halt on many vessels and containers across the world, thereby delaying shipments and locking in money flows. Read more Related Tags market data hub lumber freight rates
Freight & Logistics | November 12, 2021 The Battle of High Container Freight Rates and Low Capacity The cost of shipping has grown dramatically since 2020 and the new normal is all about the strong battle for capacity for sea freight. With additional capacity only coming slowly, freight will remain at unprecedented levels this year, and in the long run, might go beyond pre-pandemic levels. Read more Related Tags market data hub lumber freight rates container freight rates