News
UPDATE ON THE PORT OF BALTIMORE
Apr 03, 2024April 3, 2024 It has been just over a week since the collapse of the Francis Scott Key Bridge, which forced the closing of the Port of Baltimore channel and … read more
UPDATE ON THE SITUATION IN BALTIMORE
Mar 27, 2024March 27, 2024 The Port of Baltimore remains closed following Tuesday morning’s collapse of the Francis Scott Key Bridge. The US Army Corps of Engineers have been tasked with clearing … read more
PORT OF BALTIMORE BRIDGE COLLAPSE
Mar 26, 2024March 26, 2024 Earlier this morning, the container ship DALI struck the Francis Scott Key Bridge in Baltimore, leading to the collapse of the bridge. The collapse has blocked access … read more
NAVIGATING THE SEAS OF RISK: THE VITAL ROLE OF CARGO INSURANCE
Feb 01, 2024Feb 1, 2024 Understand Risk In the wake of recent events unfolding in the Red Sea, the maritime industry faces a stark reminder of the unpredictable nature of international logistics. … read more
Air Freight Rates Navigate Year-End Volatility, E-commerce Impact, and Geopolitical Tensions
Jan 17, 2024The air freight industry experienced fluctuating rates in the last quarter of 2023, with a steady rise leading up to December, followed by a significant drop during the Christmas and … read more
UPDATE ON THE SITUATION IN THE RED SEA
Jan 05, 2024January 5, 2024 Dear Valued Customers, In our continued effort to provide up-to-date information at the highest level, we have an important update regarding the ongoing situation in the Red … read more
SECURITY CONCERNS LEADING TO CARRIER SERVICE SUSPENSIONS IN RED SEA
Dec 18, 2023Recent weeks have seen the targeting of commercial vessels as they transit or approach the Red Sea by armed groups in Yemen. These attacks have included hijackings and attempted missile … read more
ADVISORY – YELLOW CORP’S SUSPENSION OF OPERATIONS AND SUPPLY CHAIN STABILITY
Aug 01, 2023Yellow Corporation – the third largest less-than-truckload (LTL) carrier in the United States – announced to its union Sunday that it will be filing for bankruptcy. Facing USD 1.3 billion in upcoming … read more
COMPASS EXPANDS MIDWEST SERVICE WITH CHICAGO FACILITY
Jun 30, 2023Chicago, IL. June 27, 2023 – Compass Forwarding has opened an office and warehouse in Chicago, growing the company’s footprint in one of the fastest growing logistics markets in the US. … read more
ADVISORY | GLOBAL FLIGHT DISRUPTIONS THROUGH FEBRUARY 17, 2023
Feb 17, 2023Airport Issues in New York, Frankfurt, Munich Leading to Cancellations and Diversions Labor strikes in Frankfurt and Munich coupled with a power outage at New York/JFK have led to numerous … read more