Adapting to Disruption: Bridge Collision and Its Ripple Effects on US East Coast Shipping

5Apr, 2024

In the wake of the recent maritime disaster when a Maersk-operated vessel collided with the Francis Scott Key Bridge in Baltimore, container lines are swiftly rerouting their services, causing a ripple effect throughout the US East Coast. Chris Rogers, head of supply chain research at S&P Global Market Intelligence, highlights that Maersk and MSC, major… Read more »

8Feb, 2024

As the Lunar New Year heralds the arrival of the Year of the Dragon on February 10, its impact resonates far beyond cultural celebrations, significantly affecting the global logistics and shipping sectors. This two-week holiday lasts until February 24, marking a time for family reunions across Asia, but the slowdown in manufacturing and shipping poses… Read more »

14Oct, 2023

Logistics is a multifaceted domain where minor missteps can lead to considerable disruptions. Recognizing these pitfalls and addressing them proactively is vital to smooth operations. With its vast experience, Everglory has pinpointed the top ten logistics mistakes businesses commonly encounter. Below, we look at how these mistakes impact your business and how Everglory assists in… Read more »

31Mar, 2020

In response to transportation needs arising during this pandemic, a number of US agencies have announced changes to their typical rules to keep cargo moving around the country. Whether by waiver of deadlines, scaling back of foreign oversight or a suspension of hours of service requirements, the agencies are working to remove blocks to the… Read more »

11Feb, 2020

General Status Dear associates, with a very fluid situation, below is current information we have gathered as of end of day 02/10/2020. For Greater China Area: Today marks the official work-resumption day in most provinces. Local authorities require enterprises to submit applications for approval to resume work, enterprises are requested to demonstrate their capability to ensure strict… Read more »

6Feb, 2020

The world is buzzing with news, and stories, abut the recent Coronavirus outbreak that started in Wuhan, China. Ship calls to ports in China have fallen 20% since January 20, 2020 as measure take hold to stop, or at least slow down the spread of the virus. According to the Wall Street Journal, analysts expect… Read more »

18Dec, 2019

After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »

6Nov, 2019

Updates to the minimum security criteria for members of CTPAT will be effective on January 1, 2020. Though the changes aren’t available to the general public, members can view the full set of updates via CTPAT’s online portal. New criteria will cover the following areas: Management commitment to a culture of security throughout the organization… Read more »

7Oct, 2019

Officially finalized on Wednesday after the WTO made a final ruling, the US plans to levy $7.5 billion in tariffs on luxury goods against the EU. Though European leaders have called for resolution without new tariffs, as the US also gave illegal subsidies to Boeing, there has been no settlement beyond the tariffs, so far…. Read more »

23Jul, 2019

Mediterranean Shipping Company (MSC) is the largest carrier for US container imports with a market share equal to 13%. When the MSC Gayane was inspected upon calling the Port of Philadelphia it was found to have seven containers on board stuffed with a total of 18 tons of cocaine – a street value of $1.3… Read more »