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Global Logistics News & Insights
Docked cargo ship with containers in the background and trucking driving away
Logistics Market Update – June 2023 1260 880 Transmodal

Logistics Market Update – June 2023

Here are some of the top global shipping news stories of the month: A worse-than-normal drought season has pushed the Panama Canal Authority to reduce maximum draft and capacity, which is further impacting trade through the canal. In response, as of June 1, transpacific carriers are now imposing additional surcharges for all water services on…

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Row of trucks against a background of stacked containers
Unraveling the Differences: Ocean Bill of Lading vs. US Domestic Truck Bill of Lading 690 518 Transmodal

Unraveling the Differences: Ocean Bill of Lading vs. US Domestic Truck Bill of Lading

In the realm of shipping and logistics, understanding the different types of documentation, particularly Bills of Lading (BoL), is crucial. Two common types are the Ocean Bill of Lading and the US Domestic Truck Bill of Lading, each serving distinct purposes in their respective transport modes.  An Ocean Bill of Lading is used in sea…

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Container ship preparing to dock in port during sunrise
USA-Indonesia Commerce: A Close Look at Trade Relations 1920 1280 Transmodal

USA-Indonesia Commerce: A Close Look at Trade Relations

For many years, the United States and Indonesia have maintained a significant bilateral trade relationship, engaging in a lively exchange of goods and services that has helped shape the economies of both nations. Despite being separated by vast geographical distances, these two countries have forged strong economic ties driven by their complementary needs and resources.…

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Chicago: The Intermodal Hub of America 612 408 Transmodal

Chicago: The Intermodal Hub of America

Chicago, also known as the “City of Big Shoulders,” carries a significant weight in America’s intermodal freight network. As the nation’s largest intermodal hub, Chicago connects the vast American freight system, allowing for the smooth flow of commodities across the country and beyond.  Chicago’s intermodal hub is a lively intersection where the eastern and western train…

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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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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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