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West Coast rates collapsed from $6,100/FEU to $3,000 (with $2,000 spot offers) as new capacity flooded the market, dashing carriers' $10,000 dreams. Analysis reveals alarming oversupply signals.

COSCO SHIPPING Holdings drives industry innovation with three breakthrough solutions: "Container-as-Warehouse" storage optimization, AI-powered trucking networks, and "Truck-to-Sea" green logistics, achieving 30% carbon reduction while enhancing supply chain resilience.

Maersk announces $1,600/$3,200 peak season surcharge (PSS) for shipments from Mainland China & Hong Kong to African ports, effective June 23. Covers 22 nations including Nigeria, Angola, and Senegal.

COSCO SHIPPING reiterates strict safety protocols for hazardous cargo, including EVs, lithium batteries, and used fuel vehicles, amid rising summer fire risks. Key measures: compliant packaging, temperature control, and accurate documentation.

Less-than-Container Load (LCL) shipping is a cost-effective solution for small cargo volumes. This guide covers key differences between LCL and FCL, advantages, precautions, and expert tips¡ªfrom avoiding carrier restrictions to optimizing freight charges.

Despite the prolonged Red Sea crisis, CMA CGM, Wan Hai, COSCO, and CU Lines maintain select routes through the Suez Canal, leveraging national flags, crew policies, and geopolitical ties for safety. To counter revenue losses, Egypt¡¯s Suez Canal Authority (SCA) now offers 15% fee discounts for large container ships (¡Ý130K tons) until August 2025.

The U.S. extended 178 product exclusions from China tariffs to August 31, 2025, while launching a new 301 investigation targeting China¡¯s maritime and logistics sectors. Beijing condemns the moves as "protectionist" and WTO-violating.

The SCFI index rose 7.21% WoW to 1,586.12 points, marking a 3-week consecutive increase.

Europe¡¯s ports face 5¨C6 day delays, with Bremen hardest hit. Maersk¡¯s AE5 route now skips Bremen for Nordic terminals¡ªa red flag for importers. Flexport warns congestion may spread.

Leading carriers including MSC, CMA CGM, Hapag-Lloyd, and Maersk have issued June FAK rate increases and PSS surcharges across key routes (Europe, Africa, South America). This breakdown covers all critical adjustments and effective dates.