Logistics News
- Biden Signs The Ocean Shipping Reform Act of 2022U.S. local time on June 16, U.S. President Joe Biden officially signed the Ocean Shipping Reform Act of 2022....Logistics News June 20, 2022
- $30,000/Container! Wan Hai Lines Warns That There Will Be Heavy Penalties for Not Reporting Truthfully!A few days ago, Wan Hai Lines issued an announcement stating that customers should strictly abide by any rules of Wan Hai Lines (WHL) and the requirements of applicable laws, regulations or conventions, including but not limited to declarations on the bill of lading, packaging, labels, weight, transportation or The handling, disposal of the goods, and the goods shall be truthfully and accurately declared in accordance with the above requirements and the requirements of the carrier or forwarding agent before delivery to the WHL designated location, warehouse or terminal.Logistics News March 18, 2022
- Global port congestions bring more surchargesMaersk and Hapag-Lloyd respectively announced yesterday (29th) that a peak season surcharge will be imposed on the Port of La Spezia, and a congestion surcharge will be imposed on the ports of Le Havre and Fos.Logistics News June 30, 2022
- Oakland port slashing free wait time for import containersFrom July 1st, PORT OF OAKLAND will shorten the free dwell time from 7 days to 4 days to reduce congestion at its marine terminals, and may impose additional penalties on containers that have been stored for too long.Logistics News June 30, 2022
- C&F agents in Bangladesh go on strike on 28 and 29 JuneBeginning on the 28th, customs clearance and freight forwarders across Bangladesh went on strike for 48 hours to achieve their demands, including amendments to the 2020 Licensing Rules.Logistics News June 29, 2022
- DB Schenker Acquires to USA Truck for $435 millionDB Schenker said it will acquire all outstanding shares of USA Truck's common stock for $31.72 per share in cash, a premium of 118% to the pre-trade share price of $24. The transaction is valued at approximately $435 million, including cash and debt.The acquisition advances DB Schenker and USA Truck.Logistics News June 29, 2022
- Top 25 Air Ƶs, Kuehne+Nagel Surpasses DHL2021 has undoubtedly been a good 12 months for air forwarders with record revenue, profits and volumes, but it's also a year at the top as Kuehne+Nagel knocks DHL out of the pack.Logistics News June 28, 2022
- BANGLADESH: Regulatory Duty Raised on Import of 135 ItemsThe Bangladesh National Revenue Service (NBR) has issued a Statutory Regulatory Order (SRO) to increase the regulatory duty on imports of more than 135 HS-coded products to 20% from the previous 3% to 5% to reduce these Imports of products, thereby easing the pressure on foreign exchange reserves.Logistics News June 28, 2022
- Yang Ming to launch Far East-Latin America service “SA8”Yang Ming Marine Transport Corp launches their Far East - West coast of Latin America service "SA8" in July 2022.....Logistics News June 28, 2022
- US import demand is dropping off a cliffThe number of containers shipped to the U.S. is down more than 36 percent compared to May 24. This is a troubling sign for the U.S. domestic freight market, which has been benefiting from an unprecedented surge in container imports for the past 18 months.Logistics News June 27, 2022