The cost of shipping a 40-foot container from China to the U.S. West Coast dropped nearly half in the previous four days, going from about $15,000 to just over $8,000. The spot rate for shipping to the East Coast had fallen by more than one-quarter from over $20,000 to less than $15,000.
Total Terminals International container terminal is making it easier for trucks to access the facility during the overnight hours in a new pilot program.
The aerial view of the scene captures the magnitude of the situation, as ships wait over a week to dock and unload, turning the coast into a type of parking lot for vessels that can be worth over $100 million and weigh over 200,000 tons.
As a result of very healthy shipowner bottom lines and carriers experiencing a lack of tonnage, 619 container ships are now on order for future delivery. Of those, 381 have been ordered in 2021 alone and never has 3.44m TEU been ordered in such a short time span.
Two Sides has engaged nearly 1,700 organizations around the globe, urging them to remove misleading environmental claims about paper from their customer communications.
Combined digital powerhouse expected to reach more than 175 million online consumers monthly, including 95% of US women, becoming one of the largest publishers in America World-class portfolio to...
This survey by RRD exemplifies the untapped power that word of mouth, direct mail, and in-store signage have on consumers. As the retail sector returns to a pre-covid level, marketers may want to rethink how they currently engage with consumers and how they can improve their reach.
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