Article List
- Freight Rates on U.S.-East Routes RiseRelated data shows that freight rates on the U.S. West route reached $16,000/FEU, while spot rates on the U.S. East have approached $17,500/FEU, with the peak rate on the route being $20,000/FEU at the end of 2021.Logistics News March 28, 2022
- Bulk Carrier Port Congestion Index Hits Record HighAccording to the latest market report compiled by Clarksons Research Services, the port congestion index for bulk carriers (capesize/Panamax) reached a record high of 36.3% in the third week of February. The index has averaged 35% so far this year, up from 32.8% in 2021.Logistics News March 28, 2022
- From May 1st, Many Shipping Companies Will Collect GRI FeesRecently, a number of shipping companies announced that from May 1, the "General Rate Surcharge" (GRI) on the Asia-US trans-Pacific route will be increased.Logistics News April 21, 2022
- Maersk's MONTE CERVANTES Container Collapses During Terminal OperationsOn April 14, a Maersk-owned "MONTE CERVANTES" container ship was carrying out cargo operations at the Tecon terminal in the port of Santos, Brazil, when two containers fell from the ship into the water. Four containers collapsed, but these collapsed containers are still on board.Logistics News April 18, 2022
- Interpretation Guidelines for Ocean Freight SurchargesUnderstanding Ocean Freight Surcharges: Complete Guide for 2022 ... This fee includes surcharges, fuel charges, and other costs related ....Blog April 29, 2022
- Ocean Alliance New Route to Asia-US East Coast LoopOcean Alliance will open the 8th Asia-US east coast loop from May 9. At that time, the 11356TEU "CMA CGM Callisto" will make its maiden voyage from Yantian Port, China.Blog April 28, 2022
- Chittagong Faces Severe Congestion as Eid al-Fitr ApproachesContainers and ships at the port of Chittagong will experience severe congestion as Bangladesh approaches its nine-day Hari Raya holiday on Friday.Logistics News April 27, 2022
- WHL & EMC Launch Durian Route from Laem Chabang to GuangzhouIn order to meet the needs of the market, Wanhai and Evergreen have respectively opened the "durian route" from Laem Chabang, Thailand to Guangzhou Nansha Port, which can shorten the shipping time to 4 to 5 days.Blog April 27, 2022
- 14 Trucks on Fire at Kwai Chung Terminal in Hong KongIn the early morning of the 25th, a number of trucks at the Kwai Chung Container Terminal in Hong Kong caught fire. The flames shot into the sky and the sound of explosions was heard many times, which woke the residents of Kwai Fong and Lai King. Densely clothed.Logistics News April 26, 2022
- Container Piling Up in Several German PortsAccording to German media reports on the 22nd local time, due to the impact of the CCVID-19 and the conflict between Russia and Ukraine, many ports in Germany have accumulated cargo.Logistics News April 25, 2022