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NEWS & BLOG

Logistics News

2022
DATE
04 - 12
Southeast Asia Freight Rates Increase by More Than 50%
With soaring fuel costs and better consumption expectations, the export transportation market in Southeast Asia will also become hotter in recent days.
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2022
DATE
04 - 11
CMA CGM Acquires Gefco to Strengthens Logistics Presence
Through the acquisition of GEFCO, CMA CGM's logistics subsidiary, CEVA Logistics, will become a global leader in automotive logistics.
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2022
DATE
04 - 11
A.P. Moller: Maersk Launches Maersk Air Cargo
On April 8, Maersk issued an announcement on its official website, announcing the establishment of Maersk Air Cargo to continue expanding its logistics and multimodal transport products to improve integrated logistics service capabilities.
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2022
DATE
04 - 08
20 Carriers Investigated for Allegedly Manipulating Rates
It has issued a total of 96.2 billion won to 12 well-known liner giants including HMM, Koryo Shipping, Changjin Merchant Shipping, Xingya Shipping, and Senro Merchant Shipping, including 11 foreign merchant shipping companies such as Maersk and Evergreen. A total of 23 large shipping companies Following the fines, the Korea Fair Trade Commission (KFTC) has once again investigated 20 local and overseas liner operators for allegedly colluding to manipulate freight rates on routes from South Korea to China and Japan.
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2022
DATE
04 - 08
U.S. West Coast and Northern California Container Detention
In recent weeks, the U.S. West Coast has seen an increase in sea container detention times and a decline in the availability of rail equipment and chassis.
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2022
DATE
04 - 07
Port Klang Fire: 22 Containers Burned, 38 Damaged
Burst! Fire broke out in West Port Klang, firefighters took 11 hours to control the blaze, which destroyed dozens of containers and goods.
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2022
DATE
04 - 07
CMA CGM RABELAIS Ship Explodes and Catches Fire
At around 1230 UTC on April 6, a container ship with a capacity of 6570TEU named "CMA CGM RABELAIS" exploded in the west of the Malacca Strait between the Andaman Islands and Banda Aceh on the Sumatra island, followed by a fire.
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2022
DATE
04 - 06
From 1 April, MSC Update Export Misdeclartion Fee
Mediterranean Shipping (MSC) from 1 April 2022 on all shipments from Cambodia, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Myanmar, Philippines, Singapore, Taiwan, Thailand and Vietnam to all destinations Adjusted Export Misdeclaration Fee (CMD) increased to $3,500/container.
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2022
DATE
04 - 06
From April 1, CMA's Shipping Cost Calculated Based on ETA
From April 1, 2022 (the actual sailing date), CMA CGM will implement the "freight fee will be based on the actual sailing date as the freight applicable date" for all routes exported from China (except North America).
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2022
DATE
04 - 02
Evergreen Declares General Average for Ever Forward
Evergreen's "Ever Forward" ran aground outside Baltimore, Maryland, USA. On March 29th and 30th, two attempts to get out of trouble were unsuccessful. Evergreen declared general average on the 31st based on the common interests of all properties on board. The next attempt to float is scheduled for April 3-4, when two barges and five tugboats will be mobilized to assist in the operation
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