The Ocean Shipping Reform Act (OSRA) became law in July 2022.
Approximately 17 million shipping containers are available, but just 6 million are in use at once. This means 11 million shipping containers sit unused across the globe at any given time.
Shipping freight doesn’t just involve getting goods from one place to another—it also requires paying close attention to a wide range of necessary documents. Being aware of these documents, knowing how they are used, and understanding the differences between them can help shippers avoid misunderstandings and transport issues.
Selecting the best shipping mode is difficult in the best of circumstances. But it’s become even tougher in a market rife with skyrocketing rates, blank sailings, congestion, and delays.