In the early moments of March 26th, 2024, the Francis Scott Key Bridge, in Baltimore, Maryland, was struck by the container ship Dali, taking out one of its support pillars, causing it to collapse, and shutting down the Port of Baltimore to freight traffic. The structure was the third longest continuous truss bridge in the world, carrying an estimated 11.5 million vehicles annually. The port will be closed for the foreseeable future, although crews have…

This year, you may have heard a lot about the global supply chain and its struggle to keep up with consumer demand. While your life and daily routine is undoubtedly impacted by the flow of the supply chain, it might be hard to envision exactly what it is. In this article, we take a look at what constitutes the global supply chain and examine why it’s struggling.   What is a supply chain?  Put simply,…

If your business ships products across country or overseas, what happens when one of those packages is lost, delayed, or damaged? As the seller, your customers are going to hold you accountable — even if it’s not the fault of your company. One solution to this concern is shipping insurance. Shipping insurance is a service that holds shippers accountable for and protects your business against lost, stolen, or damaged packages. If an insured package is…

You may have seen a meme or two about the Suez Canal recently, but you may not know it was only one part of a global shipping crisis. The international economy is experiencing a shipping container shortage that is impacting businesses big and small.   As of right now, containers used to ship larger or bulk product are in high demand and low supply, sending delivery speeds and prices skyrocketing. According to German media outlet Deutsche…

The recent e-commerce boom has positively impacted retailers and shoppers by increasing the bottom line and making shopping easy. Shoppers love the convenience of being able to browse, select and receive from the comfort of their homes. The development of same-day and two-day shipping has only increased the desirability. Unfortunately, e-commerce and the highly desirable same-day shipping does not benefit the environment. When e-commerce and home-deliveries first started to become prominent in the retail world,…

As consumers rely more on e-commerce for their needs and wants, their desire for instant gratification does not dwindle. Consumers want their packages to arrive at their doors as quickly as possible, and as a result, same-day delivery has become the new benchmark. Trends and Statistics: In 2019, the value of the same-day delivery market was USD 5.87 billion, and by 2024 it is expected to be worth USD 15.60 billion. Automation and increased internet…