Logistics News
- What Drove Wan Hai Lines’ Record-Breaking 2024 Performance? Revenue Soars, Net Profit Hits All-Time HighWan Hai Lines reported 2024 revenue of NT 161.8 billion,up 61.447.42 billion. The company plans to convert 8 vessels to LNG dual-fuel and optimize routes for future growth.Logistics News March 13, 2025
- What is Behind the 40% Drop in Freight Rates? Shipping Lines Take ActionFreight rates on major global routes have dropped over 40%, prompting shipping lines to cut capacity and delay new routes. Oversupply and cancellations may lead to further ship idling.Logistics News March 13, 2025
- What is Behind DHL’s Massive Layoffs? 8,000 Jobs Cut Amid Cost-Cutting StrategyDHL plans to cut 8,000 jobs, its largest layoff in decades, to save �1 billion by 2027. The cuts target Germany’s mail and parcel division amid declining volumes and regulatory challenges.Logistics News March 12, 2025
- Why Are Freight Rates Falling? US West Coast Rates Drop Below $2,000SCFI rates fell for the 8th week, with U.S. West Coast rates dropping below $2,000/FEU, nearing cost levels. Route cancellations and weak demand pressure rates, but a seasonal recovery is expected in Q2.Logistics News March 11, 2025
- What’s in Store for China’s Foreign Trade in 2025? New Policies to Boost Global ExpansionOn March 6, China’s Minister of Commerce, Wang Wentao, announced a series of new policies to support foreign trade enterprises amid global uncertainties. From cross-border e-commerce to service trade, and from financial support to exhibition opportunities, the Ministry of Commerce (MOFCOM) is rollinLogistics News March 10, 2025
- What Should Businesses Know About Ramadan 2025? A Complete Guide to Seizing OpportunitiesRamadan 2025 runs from March 1 to March 30, followed by Eid Al-Fitr. This golden month for 2 billion Muslims offers businesses opportunities in the Middle East, Southeast Asia, and Africa through strategic planning in logistics and customer communication.Logistics News March 06, 2025
- Hurry up and place an order! Big promotion on North American sea freight FCL.羞羞视频 Supply Chain, based in Shenzhen, specializes in FCL sea freight from Shanghai, Ningbo, Shenzhen, and Hong Kong to U.S. ports. We offer integrated logistics solutions with competitive rates for North American exports.Logistics News March 05, 2025
- What Defines a Winning Logistics and Warehousing Solution? A Comprehensive GuideAs Industry 4.0 advances, product customization and personalized services have become key market trends, placing higher demands on modern logistics systems. As the core of logistics and supply chains, warehousing systems are critical for operational efficiency, service quality, and cost control. AnLogistics News March 04, 2025
- What’s Behind Maersk’s New Surcharge? Introducing a $60 Transit Fee for Central AmericaMaersk introduced a $60 In-Transit Surcharge for cargo to Guatemala, Honduras, Nicaragua, and El Salvador to enhance port services and expedite customs clearance. The fee takes effect on Feb 26 (non-U.S. contracts) and Mar 26 (U.S. contracts).Logistics News March 03, 2025
- Shipping Companies Suddenly Announce Collective Rate Hikes!The container shipping market has recently seen a wave of collective rate hikes by liner companies for March. Major carriers, including Maersk, MSC, CMA CGM, Hapag-Lloyd, and Wan Hai, have announced adjustments to freight rates on routes covering Europe, North America, Africa, the Middle East, South Asia, and intra-Asia. Maersk raised Europe-bound rates to 2,600/TEU and 4,000/FEU, while Hapag-Lloyd increased rates on multiple routes. MSC and Wan Hai also issued rate hike notices. These adjustments have driven a strong performance in the Europe Container Index (EC) futures market, but significant resistance is expected due to declining cargo volumes on major routes and uncertainties in the Middle East. The launch of the “Gemini” alliance between Maersk and Hapag-Lloyd has reduced market concentration, potentially intensifying competition. Global container shipping supply is projected to grow by 5.4%, exceeding annual demand growth of 2%–3%, further pressuring rates.Logistics News February 19, 2025