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The United States Intermodal Rail System: A Global Commerce Powerhouse 1200 675 Transmodal

The United States Intermodal Rail System: A Global Commerce Powerhouse

The intermodal rail system in the United States is a monument to the country’s logistical expertise. This complex network links seaports, interior ports, and key industrial and consumer districts, promoting local and international trade. The utilization of more than one method of transportation for a consignment is referred to as intermodal transportation. In the United…

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Logistics Market Update – May 2023 1000 750 Transmodal

Logistics Market Update – May 2023

The analytics firm Everstream released a risk report in April related to sourcing from Chinese suppliers. According to the report, they’ve applied a 90% risk score to the supply chain because of the continuing potential for delays and cancellations — mainly because of ongoing localized outbreaks of COVID-19 across the country. However, the report didn’t…

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The Shift from China to Southeast Asia’s New Production Hubs 1000 666 Transmodal

The Shift from China to Southeast Asia’s New Production Hubs

As American businesses started shifting their manufacturing operations from China to other Southeast Asian nations, including Vietnam, Indonesia, Thailand, and Malaysia, over the past ten years, the world’s production environment underwent a seismic shift. This change is the result of a purposeful realignment of international supply chains that is being influenced by numerous economic, geopolitical,…

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View looking up at large commercial airplane taking off
Logistics Market Update – April 2023 550 366 Transmodal

Logistics Market Update – April 2023

New York University’s Stern School of Business recently released a study saying that globalization hasn’t reversed. With recent and current events such as COVID, the trade war between the US and China, the war in Russia and Ukraine, and the UK leaving the European Union, many thought it would. Instead, according to the study, the…

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Workers on a crane trolley preparing to unload containers
What is an Import bond? 1000 666 Transmodal

What is an Import bond?

The United States Customs and Border Protection (CBP) requires a sort of financial guarantee known as an import bond for specific types of commodities that are brought into the country from other countries. A assurance that the importer will pay any tariffs, taxes, or fees that are owed on the imported products is provided by…

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Logistics Market Update – March 2023 2560 1438 Transmodal

Logistics Market Update – March 2023

Starting off with a look at US container imports, the 10 busiest ports saw a drop in volume of 296,390 TEUs in February 2023 when compared with the previous month. The bad news for the Port of Los Angeles is that it represented 40% of that decline. The good news is that this isn’t unprecedented.…

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Aerial view of a loaded container ship in the open ocean
Trade between US and VN 1920 1080 Transmodal

Trade between US and VN

In recent years, there has been a noticeable increase in the volume of trade that occurs between the United States and Vietnam. Trade relations between the United States and Vietnam date back to the 19th century, when Vietnam was still a colony of France and the United States was working to increase its influence in…

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Bow of docked cargo ship at dusk
What is an NVOCC? 690 518 Transmodal

What is an NVOCC?

There are two distinct categories of logistics organizations that work to make it easier for commodities to travel from one location to another. These companies are known as freight forwarders and non-vessel operating common carriers, respectively. Although both kinds of businesses offer services that are comparable to one another, such as the coordination of transportation,…

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Row of trucks against a background of stacked containers
What is NMFC? 690 518 Transmodal

What is NMFC?

The National Motor Freight Classification (NMFC) system is a standard method that is used by the trucking industry to categorize and rate various types of commodities for less-than-truckload (LTL) transportation. Its full name is the National Motor Freight Classification. The NMFC is a standardized system that categorizes each product into a certain commodity class according…

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