Cargoccino: Shipping Shifts West

From new regulations to shifting peak seasons and container shortages, here's your last brew of May 2024.

OSRA's New D&D Billing Requirements Took Effect Yesterday!

As of May 28th, 2024, new regulations dictate what information common carriers must include on demurrage and detention invoices. Ensure your invoices are compliant to avoid unnecessary charges.

More resources HERE.

West Coast Braces for Early Peak Season

This year, expect a surge in cargo volume arriving earlier than usual on the West Coast. Plan ahead to avoid congestion delays and costly backups.

Read the full blog post for an overview of the CNBC Supply Chain Survey.

Ocean Freight Rates Soar

A perfect storm of longer routes due to Red Sea rerouting, bad weather, and high demand is pushing ocean freight rates skyward. This could set a new record for post-pandemic supply chain costs, impacting consumers.

The best is to adapt your strategies to mitigate the impact.

Read in full detail at CNBC HERE

Air Cargo in Asia Pacific Shows Signs of Recovery

While still volatile, air cargo demand in the Asia Pacific is bouncing back, indicating a positive global air cargo market trend.

Source: World ACD

Container Shortage

Surging exports and Red Sea rerouting are leading to a container shortage in Asia.

Shortages are hitting major ports like Ningbo, Dalian, Guangzhou, and even inland hubs like Wuhan and Chongqing. Expect priority surcharges, restricted equipment access, and skyrocketing leasing rates.

Source: JOC

Catch a Container, 1930s Style

Chicago Shipping Overseas Containers

Vintage Print Ad Circa 1930

? What is brewing at BlueCargo? ?

The Home Furnishings Association (HFA) and BlueCargo are partnering up to empower retailers for the OSRA’s new D&D billing requirements.

Stay tuned for more details.

https://myhfa.org/

BlueCargo: Your Partner in a Dynamic Landscape

We offer a comprehensive suite of solutions to help you stay ahead of the curve:

1. Free Consultation with Experts: Schedule a call with our team to discuss your specific needs and develop a customized strategy.
2. Freight Audit Solutions: Avoid overpaying for demurrage and detention fees. Our comprehensive audit services ensure you're getting the best possible rates.
3. Container Management Solution: Optimize your container moves and mitigate the impact of shortages with our expert advice and resources.

Share your thoughts and questions in the comments below! ??