If you’re an independent freight forwarder working in ocean freight forwarding, the recent news about spot rate stability on Asia–U.S. trade lanes might seem like a welcome break from volatility. But the reality is far more complex. According to Xeneta, average container spot rates from Asia to the U.S. West and East Coasts have held…
When goods begin their journey across oceans, they do so wrapped in layers of documentation. Chief among these is the Bill of Lading (B/L) — a document that plays multiple roles: it’s a receipt, a contract, and a title of ownership. But here’s where things get a little tricky. Did you know that there are…
A feeder vessel, also known as a feeder ship, serves as an intermediate-sized cargo vessel with a specific purpose in the container shipping industry. Its primary role is to gather shipping containers at a port and subsequently convey them to transshipment hubs or central container terminals. At these locations, the containers are either transferred onto…