Import Supply Chain Meltdown & Storage Charges – Summer 2021

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The import sector has been experiencing overwhelming volumes in 2021, resulting in extensive delays across all modes, ports, and service providers. FgL works diligently to expedite all shipments; however, many issues are beyond FgL’s control, and with the dramatic increase in slow responsiveness, and even non-responsiveness, from many carriers & third parties, FgL cannot assume […]

Transpacific ocean rates at a two-month low

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With production in China slowed during the Golden Week holiday and by power restrictions in some areas, and with ocean delays making it increasingly unlikely that shipments not already moving will make it in time for the end-of holiday period, transpacific rates stayed level this week after a signif