Logistics News
- How CMA CGM is Expanding Its Footprint in Egypt with Strategic Dry Port AcquisitionDuring French President Macron¡¯s visit to Egypt, CMA CGM announced the acquisition of a 35% stake in October Dry Port, strengthening its logistics network. The move complements its existing operations in Alexandria and the upcoming Sokhna terminal.Logistics News April 17, 2025
- How Brazil¡¯s New Mega-Port Will Reshape Latin American ShippingBrazil has begun construction of Porto Central, Latin America¡¯s largest container terminal, featuring 20m-deep berths for 24,000 TEU vessels. The project aims to cut logistics costs by 30%, boost Brazil¡¯s global trade competitiveness, and create 12,000 jobsLogistics News April 17, 2025
- Maersk Trade Alert: U.S.-China-EU Tariff Updates (April 2025)Maersk has issued a critical advisory regarding sweeping tariff changes between the U.S., China, and EU, effective immediately. These changes create unprecedented trade barriers, with cumulative tariffs reaching 145% on some U.S.-China trade lanes, while the EU prepares retaliatory measures againstLogistics News April 11, 2025
- Breaking: US Tariffs on Chinese Goods Soar to 145% - Shipments Plunge, Cargo Abandoned!Key UpdatesNew Tariff Rate: 145% (125% "reciprocal tariff" + 20% existing fentanyl-related duties)Effective Immediately: Applies to all Chinese imports, retroactive to shipments not cleared by May 27.Global Impact: US grants 90-day tariff pause for 75 trading partners (rate cut to 10%), but singlesLogistics News April 11, 2025
- CMA CGM Expands Air Cargo Business: Will It Take Over Belgian Carrier Air Belgium?CMA CGM¡¯s bid for Air Belgium¡¯s cargo operations (including brand, aircraft, and AOC) has been approved by the court, edging out rival bids. The deal covers 4 freighters (2 A330-300Fs, 2 B747-8Fs) and bolsters CMA CGM¡¯s air logistics network, which already includes A330-200Fs and upcoming A350Fs.Logistics News April 03, 2025
- China's Ports Maintain Global Leadership in Cargo and Container ThroughputIn 2024, China's ports retained their world-leading position in cargo throughput (17.6 billion tons) and container throughput (330 million TEUs), claiming 8 of the top 10 global cargo ports and 6 of the top 10 container ports. Key achievements include advanced automation, green port initiatives, and integrated port clusters in the Bohai Rim, Yangtze River Delta, and Greater Bay Area.Logistics News April 02, 2025
- Trump 2.0¡¯s Unpredictable Policies Drive Up US Route Contract RatesUnder Trump 2.0¡¯s policies, 2025-2026 Trans-Pacific contract rates rose 15-20%, with West Coast at 1,600?1,800/FEU. Major retailers secured deals first, while mid-sized shippers negotiate higher rates. Proposed US fees on China-built ships may hit Zim hardest, per Alphaliner.Logistics News April 01, 2025
- Why Do You Pay PSS? The Truth About Shipping's Peak Season SurchargePSS is carriers' peak season fee. Learn how it works and 5 strategies to reduce this cost by 3-15%.Logistics News March 31, 2025
- Europe Logistics Alert: Nationwide Strike to Paralyze Belgian Supply ChainsBelgium's March 31 strike will cripple ports causing 7-10 day delays. Contingency plans: switch to air/divert to Nordic ports/increase safety stock.Logistics News March 28, 2025
- Hapag-Lloyd Announces Freight Rate Hike Effective April 1!Hapag-Lloyd raises FAK rates for Far East-Northern Europe routes effective April 1, 2025. Maersk and MSC also announce rate hikes, with geopolitical tensions potentially supporting rates amid seasonal demand.Logistics News March 14, 2025