Freight Forwarding/Customs Brokerage

Freight and Warehousing Firms Add Jobs in September, Bucking Downturn

October 16, 2017

The freight transport and warehousing sector defied the national downturn in hiring last month, adding 12,400 jobs as warehouse operators and package-delivery companies boosted payrolls at a rapid pace.

Big-Rig Orders Post Another Monthly Increase on Improving Freight Market

October 10, 2017

The Wall Street Journal

Trucking companies accelerated big-rig orders for the fourth consecutive month, bolstered by strong manufacturing activity and an improving freight market.

Freight Startup Flexport Raises $110M, Turns Down $1Bn Valuation

October 4, 2017

Forbes

Flexport, the shipping logistics company that launched in San Francisco just four years ago, is set to close a $110m Series C funding round. The investment values the company at $910m post money, says Wesley Chan, managing director at Menlo Park VC firm Felicis Ventures, an early investor in Flexport. The new round will bring the total capital invested to $204m.

Opinion: Four Tips to Renewing Your Freight Broker Bond

October 2, 2017

Todd Bryant, president and founder, Bryant Surety Bonds

As this year's freight broker bond renewal deadline approaches for many, a reminder is due.

Growth Drivers in Place for Strong Finish This Year, Air Cargo Group Says

September 25, 2017

Air Cargo World

Despite some typically cautious warnings that the current growth cycle may be nearing a peak, industry-wide freight tonne kilometer (FTK) growth is at its strongest pace since 2010 - and global business and consumer confidence levels point to solid improvement at least through the third quarter, IATA said in its Q3 2017 "Cargo Chartbook."

U.K. Traders Say Blockchain Can Ameliorate Impending Customs Congestion

August 23, 2017

Air Cargo World

U.K. traders say that blockchain could automate and systematize the administrative burdens of customs oversight generated by an impending customs regime, following the recent announcement by Brexit Secretary David Davis that a new customs system will be in place by 2019.

U.K. Proposes Broad Customs Deal With EU After Brexit

August 22, 2017

The Wall Street Journal

The U.K. government proposed a far-reaching customs arrangement with the European Union that it said would eliminate the need for border checks on imports and exports after Brexit.

Post-Brexit Customs Checks Might Cost $1.3Bn a Year

August 11, 2017

Supply Management

Brexit could cost £1bn ($1.3bn) a year in extra customs checks and huge border delays, a consultant has claimed.

U.K. Customs Checks Could Cost $1.3Bn a Year Post-Brexit

August 3, 2017

Bloomberg

Customs checks at the border after the U.K. leaves the European Union could cost 1bn pounds ($1.3bn) a year and cause delays for goods being shipped in both directions, according to a report by Oxera, an economic consultancy.

Rising Global Temperatures Could Snarl Cargo Operations

July 28, 2017

Air Cargo World

Unprecedented heat waves could ground nearly a third of flights during the hottest days, forcing carriers to jettison cargo in order to take off, according to a recent study.

Freight Forwarding/Customs Brokerage

The latest news, analysis, services and systems regarding freight forwarding and customs brokerage and their impact on global supply chains. Today’s companies are transporting and delivering goods to more global customers than ever before using freight forwarding and customs brokerage solutions that manage international business logistics and customs clearance. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using freight forwarding and customs brokerage solutions to power their supply chains.