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09/052023
Five billion dollars! An...
The Bollore Logistics brand may be gone, but the company says jobs are safe and the company is close to completing a 4.65 billion euro ($5 billion) takeover by CMA CGM. The completion of the transaction is currently subject to obtaining antitrust and foreign investment approvals in the relevant jurisdictions.
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08/312023
Golden Week + maintain r...
With just a month to go before the National Day Golden Week, when the off-season officially begins after the holiday, shipping companies are belatedly suspending flights.
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08/302023
MSC surpasses Maersk in...
According to the latest data released by Sea-Intelligence, the global liner attendance rate fell for the first time in June, but remained at 63.4% in July 2023.
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08/292023
Us goods are rising agai...
In our ranking of the top 10 U.S. ports, total container imports increased by 88,987 TEUs in July 2023 compared to June (see chart), with nine out of 10 ports importing more.
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08/282023
Shipping company announc...
Recently, the official website of CMA CGM announced that from September 5, it will levy a peak season surcharge (PSS) on goods from Asia to South Africa and an overweight surcharge (OWS) on dry boxes from Asia to West Africa.
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08/232023
From August 24th, import...
Hong Kong will ban the import of fish products from 10 prefectures in Japan from August 24.
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08/222023
Freight rates ended thre...
The latest release of the Shanghai export container freight index (SCFI) fell 12.54 points to 1031 points, a weekly decline of 1.2%, SCFI container freight index ended three consecutive weeks of rise to fall; Among them, the four main routes are still stronger in North America, and the freight rates from the Far East to the East of the United States continue to rise, and the rest are falling. The rise in the eastern United States was mainly due to the Panama Canal drought blockage effect.
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08/212023
Important waterway for g...
The Panama Canal Authority has introduced more traffic restrictions due to the ongoing drought. The measures will not only affect the canal's operating income, but also generate additional charges due to delayed shipping schedules, increasing shipping costs and putting more pressure on the prices of consumer goods in the international market.
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08/182023
US freight rates rebound...
It is curious that the cost of transporting goods from Asia to the United States has quietly begun to rise rapidly in the face of sluggish exports from Asian economies as a whole.
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08/172023
Net loss of 1.5 billion!...
After the epidemic, Yangming Shipping, Wanhai Shipping and Star Shipping three shipping companies have reported quarterly losses.
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