shipping

by Dave Akers, IHSA "A journey of a thousand miles begins with a single step." - Ancient Chinese proverb, Lao Tzu Most of us have heard this (translated) Ancient Chinese proverb, but the Chinese have adopted this ancient proverb. The essential concept of this proverb is that huge goals must be broken down into smaller, manageable parts and that it can be applied to all…

by Dave Akers, IHSA "In a huge step toward our 2050 carbon neutrality goal, the company has declared war on the office thermostat" - Unknown The decarbonization of ocean shipping is a critical global effort of the International Maritime Organization (IMO) to reduce the maritime industry's greenhouse gas (GHG) emissions, with the goal of reaching net-zero emissions by or…

by Dave Akers, IHSA A federal appeals court ruling that said the President does not have authority to impose broad tariffs, has introduced significant uncertainty into the U.S. tariff landscape. "Inflation is the one form of taxation that can be imposed without legislation." – Milton Friedman Here's a breakdown of the current situation and its impact on the global…

by Dave Akers, IHSA The U.S. government is implementing new port fees on Chinese-built, owned, and operated vessels, a policy aimed at reducing U.S. reliance on Chinese maritime assets and stimulating the domestic shipbuilding industry. These fees, which are scheduled to begin on October 14, 2025, are creating a significant challenge for the entire supply chain. As a result,…

by Craig Akers, IHSA For businesses reliant on global supply chains, understanding ocean container costs is vital. At International Housewares Shipper's Association (IHSA), we empower our members with insights into the multifaceted factors that drive these dynamic rates. It's far more than a flat fee; it's a blend of core charges and volatile surcharges influenced by global…

The "China Plus One" program is a business strategy, originally adopted by multinational corporations to diversify their supply chains and manufacturing operations beyond China, while still maintaining a presence in the country. It's essentially about not putting all your eggs in one basket, particularly when that basket is China. Where Did It Originate? The concept of…

The evolving landscape in China and Southeast Asia, while presenting new complexities, also offers opportunities for IHA and IHSA members to adapt and succeed. This year's contract negotiations, although responses by carriers were later than usual, may provide valuable insights that could enhance our future strategies and lead our carriers toward a course correction. We…

The ongoing trade war between Washington and Beijing, including decoupling tariff rates and USTR 301 increases in port fees and charges, is causing uncertainty and delaying the signing of annual service contracts between ocean carriers and importers, primarily in the eastbound trans-Pacific trade. When will we see a reduction in the tariffs with China? As Yogi Berra once…

We've seen some interesting movements in ocean freight rates lately. It seems like carrier capacity control has been a bit lacking since the Chinese New Year, with a 14% year-over-year increase in capacity. To get those spot rates back in line, carriers are starting to blank/void sailings, which is something we're already observing. And hold onto your hats, because carriers…