CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

Route Article

Transpacific cargo rates soar as capacity shrinks

     Container ships in harbour

Widespread vessel rollovers (sailing cancellations), tightened space availability and higher rates are now the norm on the Asia/North America trade lane.  Some shippers are willingly paying a premium to get space before costs are spiked by another round of U.S. tariffs on Chinese exports.

Although some industry experts are forecasting the capacity crunch (and resulting price pressure) to ease after the October “Golden Week” holiday, it remains to be seen if this will actually happen.

For more information, contact Debbie McGuire, Manager – Freight Solutions.

Quick Tip #35
By controlling your freight, you can choose the best routing and service level for your business

Time critical? If saving time saves you money, ensure your freight is moving on the fastest route available.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics