News

Magnate Worldwide Acquires Cargo Logistics Group

Magnate Worldwide is pleased to announce the acquisition of Cargo Logistics Group, a leading custom logistics service provider. CLG will become part of Masterpiece International and expand its footprint, adding a direct presence in the Baltimore and Washington D.C. areas.

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Masterpiece International Launches its LCL Advantage Service

Masterpiece is excited to announce its LCL Advantage Service, a distinctive solution that will help stabilize supply chains amid ever-changing capacity and uncertain markets. Masterpiece International’s managed Interior Point Intermodal (IPI) network provides comprehensive coverage from origins in China and Taiwan to destinations throughout North America.

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Update: TPEB & Europe

Capacity and equipment availability is extremely tight out of all Asia ports. Sailings are all currently booked out until mid-November.

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Update: Ocean & Air Freight

Though most TPEB carriers extended September rates until the end October, carriers are signaling that rates will increase next month. This will increase rate levels to a record high, driven by high demand and limited capacity.

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