The maritime shipping industry has been in choppy waters after a weak peak season filled with falling rates and rising fuel prices. According to reports by The Loadstar, carriers’ efforts to prevent a rate collapse have had only marginal success. An example is the recent 34% tumble in Asia-North Europe rates, signifying turbulent times ahead...Read More

Rates are back in the news as contract season sees rising prices and fluctuations, putting pressure on negotiated General Rate Increases (GRI) with climbing spot rates. It might seem like a simple case of supply and demand driving costs, but long-term, the decisions made during contract negotiations last a year; one of the benefits of...Read More

In the ocean freight industry, efficient communication and coordination play a significant role in ensuring smooth cargo movement. However, recent reports have highlighted some issues faced by shippers and carriers, including a lack of transparency and inefficient communication, leading to detention and demurrage (D&D) disputes [1][2]. At Edward J. Zarach & Associates, we understand the...Read More

Ocean freight rates on the trans-Pacific could double as a soap opera with the dramatic nature of sweeping change we’ve seen in the past three years. Over the course of thirty-six months, the threat of the pandemic turned into a full blown global crisis and volatility exploded across the logistics market. Where spot rates soared...Read More

Equipment imbalances can overcomplicate difficult situations, especially when ocean carriers have blanked sailings to adjust capacity due to falling demand. While the movement of ocean freight is, at its simplest definition, a way to move cargo and inventory between nations with trade relationships, the movement of equipment is another part of the equation. Anyone who...Read More