Article List
- Sri Lanka is 'Bankrupt,' Prime Minister SaysRecently, Sri Lanka is facing a severe crisis of foreign exchange shortage, and the national economy has been hit hard.Logistics News July 12, 2022
- Port congestion spreads across the globe againAt present, the congestion of container ports on all continents is becoming more and more serious. The Clarksons Container Port Congestion Index showed that as of June 30, 36.2% of the world's container ships were stranded in ports, up from 31.5% between 2016 and 2019 before the pandemic. In its latest weekly report, Clarkson noted that congestion on the U.S. East Coast has recently risen to near-record levels.Logistics News July 11, 2022
- Overview of global piracy incidents in half of 2022According to a new report by the International Maritime Bureau (IMB), in the first half of 2022, there were 58 incidents of piracy and armed robbery against merchant ships in global waters, including 55 pirate boardings, two attempted attacks and one ship hijacking.Logistics News August 02, 2022
- HMM Announces Congestion Surcharge for EUIncreasing congestion at European terminals and increased detention times for imported containers have led to continued increases in yard utilisation and high workloads, thereby adversely affecting terminal operations, throughput and resources.Logistics News August 01, 2022
- Import & export commodity insight in the first half of 2022China's exports in the first half of the year mainly reflected the upward movement of global agricultural and energy prices, the sharp increase in demand for new energy equipment and new energy vehicles, and the slowdown in housing construction and investment after overseas interest rate hikes.Logistics News July 29, 2022
- Global container ship port congestion pushes recordPort congestion for container ships reached a new high this month. As of July 20, 37.9% of ship capacity was stuck in the world's major ports.Logistics News July 29, 2022
- Walmart profit warning as soaring inflation hits consumersWalmart has cut back its second quarter and full-year profit outlook as facing the double pressure of high inflation and high inventory.Logistics News July 28, 2022
- CMA CGM Announced Lower Freight Rates, Effective August 1CMA CGM said in the announcement that these fee reductions will take effect on August 1 for a period of one year....Logistics News July 28, 2022
- Kenya requires mandatory recordal of IP rights for importedAs of July 1, 2022, any goods imported into Kenya will need to be filed with the ACA, regardless of where the intellectual property rights are held.Logistics News July 28, 2022
- USA Freight Market Insights and Import Data 2022Freight rates reflect the future, and there are still many unfavorable factors ahead: high inventories of U.S. retail, record high inflation again, the Fed is expected to raise interest rates again this week, and the lack of momentum in late demand growth.Blog July 27, 2022