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Reducing International Ocean Freight Shipment Costs      By: Ray McGuire

 

If you ship products internationally, sometimes your orders will not fill a complete ocean freight container.  Airfreight may be too expensive.  You are surely interested in reducing international freight costs, so how do you handle these situations?

 

Click to read the full - Reducing International Ocean Freight Shipment Costs

 

 

 

 

Importer Security Filing Compliance Deadline Is Now Upon Us!

 

By: Ray McGuire

The Importer Security Filing, also known as ISF or 10+2, is now in full effect. Many importers are still unaware of the consequences of non-compliance, or have simply been postponing implementation. Now, however, it is really time for action ...

Click to read the full - Importer Security Filing Compliance Deadline Is Now Upon Us

 

 

 

True Current Crisis in the Ocean Freight Sector     

By: Ray McGuire

 

 

The story by Simon Parry of the UK’s Daily Mail is an excellent overview of the true current crisis in the ocean freight sector (Revealed - The Ghost Fleet Recession ).  This is a “must read” article if you want to know what is really happening in ocean freight and how it will continue to impact all of us over the next few years.

 

Like many supply chain professionals I like and ... click to read the full - The True Current Crisis in the Ocean Freight Sector
 
 
 

Ocean Freight Rates Are On The Move! Have You Renegotiated Your Rates Lately?

    By: Ray McGuire

 

 

Ocean freight rates are on the move.  This is particularly true of ocean container shipments.  In the last three months average ocean freight rates (container transport particularly) have fluctuated up to 55%.  Have you renegotiated your rates lately?  If not now is the time!

 

Effectively negotiating ocean freight is not so simple and depends on knowing a fair amount of detail.  Will you have many ... click to read the full - Ocean Freight Rates Are On The Move
 
 
 

How To Start Up International Logistics Operations For Successful Off-Shore Sourcing         By: Ray McGuire

 

 

Is this your first attempt at importing from China, other Far East countries, Eastern Europe, or other “low-cost” country?  First, let me wish you great success!  But as you probably know by now, great success is usually a result of good planning.

 

I have received a number of inquiries from companies regarding the logistics aspect of overseas sourcing and wanted to share a few ideas with you.  Let’s take a look at what this might mean ...  click to read the full - How To Start Up International Logistics For Succesful Off-Shore Sourcing 

 

 

 

Importer Security Filing – An Update To Requirements For U.S. Importers.  Are You Prepared?   By: Ray McGuire

 

The Importer Security Filing, ISF, or 10+2, is newest issue on the United States Customs and Border Protection compliance front.  Immediate action is required of all US importers with shipments arriving via ocean freight.

Completely fulfilling your obligations as a supplier, logistics provider, or U.S. importer may well require many fundamental changes in the way you currently conduct business.   click to read the full - Importer Security Filing - An Update To Requirements

 

 

 

Ray McGuire Executive Viewpoint  - Journal of Commerce Outlook 

By: Ray McGuire 

 

 

 

The greatest challenge we face is managing effectively in circumstances where the majority of us have neither previous experience, nor clear guideposts providing sure direction.

 

Recent world events confirm we are living in critical times that are hard to deal with -- a truly unique time in history … 

 

More than anything else, the key to success will be balance and agility in dealing with change and uncertainty.

 

click to read the full - Journal of Commerce Review and Outlook - Ray McGuire