Article List
- 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
- Some Maersk ships suspend calls at Yantian and ShekouIn terms of terminals, ship operations, yard loading and unloading, and inbound and outbound operations at major port terminals are still operating normally. But Maersk expects waiting times for ships in Yantian and Chiwan to increase. At the same time, since March 21, the container terminals in Chiwan, Mawan and Shekou will only receive export heavy containers for ETB-4 days (that is, within 4 days before the ship's expected berthing date), and can only make an appointment for entry after confirmation by the terminal. port. In terms of ships, in order to ensure the punctuality rate of the ships, some Maersk ships will suspend calls at Yantian and Shekou, and provide emergency plans for ships.Logistics News March 23, 2022
- A Maersk Container Ship Collided with a Ro-Ro Ship! Voyage Interrupted! Suspected Lost Container.At about 0200 UTC on March 12, a Maersk container ship named "LAUST MAERSK" collided with the "NAPOLES" Ro-Ro ship in the Alboran Sea, about 53 nautical miles southeast of Malaga, Spain. The voyage was interrupted and the container was suspected to be lost.Logistics News March 14, 2022