Daily Archives: May 2, 2023

Takeaways from the 2023 NCBFAA Annual Conference

This year marked the milestone 50th Annual NCBFAA conference, which took place in New Orleans. The NCBFAA, serving as the authoritative voice of the brokerage and logistics industry since 1897, holds considerable influence in shaping policy and driving reforms for the import and export community. M.E. Dey, a longstanding member for over five decades, has…

The Impact of General Rate Increases (GRIs) on Carriers and Shippers: Exploitation or Market Forces at Play?

General Rate Increases (GRIs) have been making waves in the shipping industry, particularly in the trans-Pacific market. While carriers have experienced success in pushing spot rates higher, there is a growing concern among shippers that they are being taken advantage of by carriers seeking to maximize profits. Before we dive in, we should note that…