Logistics News
- What Does the 90-Day US-China Tariff Truce Extension Mean for Global Trade?The US and China agreed to extend their tariff truce by 90 days, maintaining a 24% tariff pause while advancing talks on tech, energy, and supply chains.Logistics News July 30, 2025
- CMA Strengthens Presence in Indian MarketCMA CGM launched BIGEX 3 and BIGEX 4 to enhance India-Middle East-Red Sea connectivity, with inaugural sailings on Feb 23 and 25. Following Hapag-Lloyd¡¯s ¡°Gemini¡± alliance with Maersk, CMA CGM terminated their VSA and is independently redefining its India growth strategy.Logistics News February 21, 2025
- What¡¯s Behind Hapag-Lloyd¡¯s $1000/Container Rate Hike Effective August 1?Hapag-Lloyd announces a $1000/container GRI surge on Far East to Latin America routes, mirroring Maersk¡¯s peak season surcharges, signaling intensified global shipping cost pressures.Logistics News July 28, 2025
- Hainan Free Trade Port: Key Facts About the Island-Wide Customs Closure1. What is "Customs Closure"?Definition: Hainan will become a special customs supervision zone under the principle of "First Line Open, Second Line Controlled, Island-Wide Freedom"14.First Line (Open): Free movement of goods, capital, and personnel between Hainan and global markets.Second Line (ContLogistics News July 25, 2025
- Qingdao Port's Rail-Sea Intermodal Volume Exceeds 1.5 Million TEUs in H1 2025Qingdao Port¡¯s rail-sea intermodal volume hit 1.503M TEUs (+15.1% YoY) in H1 2025, retaining its national lead. Expanded routes (86 total) and new inland ports (54) boost cross-border logistics, including dedicated solar product and China-Europe rail services.Logistics News July 25, 2025
- Global Shipping Market Update (Late July - Early August)North American Trade Lanes:US West Coast outperforms East Coast with some carriers experiencing rolloversFailed mid-July GRIs followed by significant rate erosionEast Coast volumes decline as slower transit times miss tariff deadlinesMSC suspends PEARL service, Ocean Alliance implements blank sailinLogistics News July 24, 2025
- Urgent Shipping Update: Matson Suspends EV Shipments Over Lithium Battery Safety ConcernsMatson Lines has immediately halted all shipments of electric vehicles (EVs) and plug-in hybrids due to lithium-ion battery risks, following recent maritime fires. No timeline for resumption.Logistics News July 23, 2025
- Multiple Shipping Lines Announce August Rate Adjustments: Maersk, Hapag-Lloyd Impose Peak Season Surcharges (PSS)Maersk, Hapag-Lloyd, and other carriers have announced August freight rate adjustments. Maersk will impose PSS on China to South Africa/Mauritius routes ($1,000/20¡¯, $1,600/40¡¯ dry containers), while Hapag-Lloyd adds $300/TEU on Far East-Australia routes. US West/East rates rebound, while Europe-Asia rates may rise further due to tariffs.Logistics News July 22, 2025
- How Deglobalization Could Slash Global Trade by 18%The OECD warns that rising deglobalization, driven by trade wars and reshoring, may cut global trade by 18%, with GDP losses up to 12%. Shipping firms face volatility as tariffs reshape supply chains, while trans-Pacific freight rates surge and crash amid uncertain demand.Logistics News June 09, 2025
- BREAKING: U.S. Court Blocks Trump¡¯s China Tariffs¡ªWhat¡¯s Next for Trade?A U.S. federal court halted Trump¡¯s April 2 tariff order, ruling it unconstitutional. The administration must suspend collections within 10 days, but an appeal is underway. Businesses brace for uncertainty as the White House vows to fight.Logistics News May 29, 2025