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NEWS & BLOG

Logistics News

2022
DATE
03 - 28
US Trade Reinstating Certain Section 301 China Tariff
?On March 23, local time, the Office of the U.S. Trade Representative (USTR) issued an announcement saying that in response to the tariffs imposed on Chinese imports under the so-called "Section 301", tariff exemptions for some products have been restored, involving 549 pending products. 352 items, including industrial components such as pumps and electric motors, some auto parts, some chemicals, backpacks, bicycles, vacuum cleaners and other consumer products.
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2022
DATE
03 - 28
Bulk Carrier Port Congestion Index Hits Record High
According 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.
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2022
DATE
03 - 26
Port of Los Angeles/Long Beach CTF Fee Starting April 1
The Ports of Long Beach and Los Angeles will levy a Clean Truck Fund (CTF) fee ($10 for 20-foot container and $40 for 40-foot container) on trailer containers entering and leaving the container terminal on April 1. The toll was approved by the Los Angeles Port Authority in early November.
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2022
DATE
03 - 24
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.
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2022
DATE
03 - 24
Starting May 1, The Suez Canal Adjusts Its Surcharge Rates
On 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.
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2022
DATE
03 - 23
Serious Container Backlog in Colombo Port
The 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 c
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2022
DATE
03 - 22
Wan Hai Launches New Service Connecting China
Wan Hai Shipping will launch a new weekly service CI7 between South China, Vietnam and East India, aiming to strengthen the network coverage between the Far East and East India and provide customers withWan Hai Shipping will launch a new weekly service CI7 between South China, Vietnam and East India, aiming to strengthen the network coverage between the Far East and East India and provide customers with faster service. faster service. It is understood that four 1200TEU container ships have been invested in the rou
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2022
DATE
03 - 22
ONE to Acquire 6,500 New Reefer Containers, Reefer Container Demand Expected to Continue Growing This Year
On March 18, ONE made an announcement that it plans to add 6,500 reefer containers to meet the growing demand for transportation. The plan was made based on ONE's optimistic expectations for the future of the reefer market, and the company expects demand for reefer containers to continue to grow this year.
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2022
DATE
03 - 21
Canada's CP Rail Workers On Strike, Freight Transportation is Paralyzed
The already tense trade supply chain due to the new crown epidemic and the Russian-Ukrainian conflict will be further pressured by the Canadian Pacific Railroad (CP Rail) labor dispute that hinders freight shipments. Trains have been suspended as thousands of Canadian Pacific Railroad (CP Rail) workers are on strike since Sunday morning. This may lead to the impact of material delivery and supply across the country.
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2022
DATE
03 - 21
Evergreen Container Ship Runs Aground for a Week Not Yet Out of Trouble.
The evening of March 13, local time, the 12,000TEU-class container ship "Ever Forward" ran aground in the Chesapeake Bay shortly after leaving the Port of Baltimore, United States. The ship, which was originally scheduled to sail to the port of Norfolk, Virginia, was travelling at a normal speed of 12 knots before the incident, and the cause of the accident is not yet known.
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