Logistics News
- List of Shipping Lines' Arrangements for Stop Shipping Ports and Suspension of Shipments in Russia & Ukraine (Update Mar.3)In recent days, as the situation in Russia and Ukraine has not eased, some ports in Europe have been congested, and the conflict has spread to the airspace and other issues. The shipping companies have supplemented and updated the sailing arrangements in Russia and Ukraine. The following is the lateLogistics News March 07, 2022
- Notice! Chittagong Port Announces Quadruple Fine for Long-delayed Containers, Effective March 15It is reported that the Chittagong Port Authority said that it will levy four times the warehouse rent (store rent) for full container (FCL) goods that are stranded in the port yard for more than 21 days. The penalty will be imposed from March 15 as part of measures to free up space needed in the container yard, which is reportedly facing severe congestion as importers deliberately delay in picking up containers.Logistics News March 07, 2022
- CMA Annual Earnings $17.9 Billion; Freezes Spot Freight Rates Until the End of June.According to the shipping industry.com, CMA CGM invested a total of US$10 billion to expand the scale of its own and leased assets last year, and it is expected to invest an additional US$14 billion in 2022, including the previously announced acquisition of Los Angeles Fenix Marine Services Terminal, Ingram Micro International ( Ingram CLS) and a majority stake in the French courier company Colis Priv茅 Group. It is worth noting that CMA CGM announced to freeze spot freight rates until June 30, 2022.Logistics News March 07, 2022
- Its time to prepare for the lack of capacity for ChristmasThe daily seaborne import declaration data of the US Customs shows that in the first three months of this year, US imports have soared.According to Nerijus Poskus, vice president of global ocean freight at Flexport, within 16-18 weeks, 20% of Asia-US East Coast routes, 23% of Pacific Northwest routeLogistics News May 25, 2021
- high profit! One shipping company officially announced that it will return to the Asia-North America route againTaiwan's private liner company Ts lines (TS Lines: headquartered in Hong Kong) has announced that it will officially return to the trans-Pacific route. The first voyage of 1808TEU "TS Tokyo" will sail from Nansha to Canada this Saturday.The new NW1 route will call at Shekou, Shanghai and Qingdao porLogistics News October 07, 2021
- Shipping costs 15% dropped! -Amazon FBA Shipping ForwarderGood news! Shipping costs 15% dropped! New Shipper Entered the US line!The Meishan Wharf of Ningbo Port was unblocked on August 25 and resumed on September 1 Since the second half of 2020, global ocean freight rates have soared, and freight rates from Asia to the United States have increased particuLogistics News August 26, 2021
- The volume of containers from Asia to the United States has increased by 20%! China accounts for 60%! Spring Festival shipping space is tight!If you want to use one word to summarize the state of Americans last year, it may be "buy". Because unemployed people can receive "helicopter money" at home, Americans have nothing to do at home and start buying. This purchase has made the world's shipping very busy. What is more noteworthy is thatLogistics News January 18, 2022
- Starting May 1, The Suez Canal Adjusts Its Surcharge RatesOn March 22, the Suez Canal Authority (SCA) announced a temporary adjustment to the transit vessel surcharge rates, effective May 1. The tariffs apply to container ships, tankers, dry bulk carriers, multipurpose cargo ships, ro-ro vessels and other types of vessels.Logistics News March 24, 2022
- Attention! The New Rules for Transport of Lithium Batteries Force on April 1.According to official news from the International Air Transport Association (IATA), IATA has revised the regulations for the separate transportation of lithium batteries, the new regulations have actually come into effect on January 1, 2022, but there will be a transition period before March 31, 2022 to make adjustments to 100% compliance with the new regulations, and the new regulations will officially come into effect and be implemented after April 1.Logistics News March 24, 2022
- Serious Container Backlog in Colombo PortThe port of Colombo is facing severe disruption to trucking services as transport companies in Sri Lanka are hit hard by a massive fuel shortage. It is the latest sign that the country is facing a worsening economic crisis. The Port of Colombo is an important transshipment hub in South Asia, which cLogistics News March 23, 2022