Three major shipping gi...
On August 2, 2023, the Fortune Global 500 list was unveiled, with 19 port, shipping and logistics companies in the world on the list, including three shipping giants - COSCO Shipping, Maersk and Hapag-Lloyd, and two freight forwarders - DXN and DSV - on the list.Among the 19 logistics companies, five companies from China were on the list, namely, China Post, China COSCO Shipping, China Merchants Group, Xiamen Elephant and Island Group, and SF Holding.
Comprehensive Informatio...
Latest General News
Shipping Line Announces ...
Following the announcement by Maersk and Duffy in early July of the first increase in FAK rates on the Asia-Europe route, Duffy Line's official website announced on the 31st that it would again increase FAK rates from Asia to Northern Europe on August 15 in a continuing effort to provide reliable and efficient service to its customers.
Four gold medals protec...
The industry pointed out that the "El Niño phenomenon caused by the Panama Canal drought, the global shipping companies to reduce the cabin, cargo volume stabilized this season, the green shipping decree fermentation" four major gold medals, will continue to push up the container tariffs, industry insiders pointed out that the short-term U.S. West will be expected to return to the United States 2000 U.S. dollars per FEU, U.S. lines can be expected to break through the 3,000 U.S. dollars.
Europe and the United S...
European line tariffs finally staged a major counter-offensive, a single week rose 31.4%, the U.S. West week rose 10.1% (the entire July rose 38%), the two tariffs rose to push up the latest issue of the Shanghai Export Containerized Freight Index SCFI rose 6.5% to 1,029.23 points, to return to 1,000-point mark.
Airline rates and contai...
65% of freight forwarders confirm "slower business growth" in Q2 compared to Q1 this year.
A cargo ship carrying 2,...
One crew member died and 22 people were injured when a cargo ship carrying 2,857 cars burst into flames out of control in the Dutch North Sea at midnight local time on Tuesday. Multiple parties are working to rescue the ship from sinking.
Freight forwarding giant...
DSV's air and sea freight division, which had a poor first half, with revenues down 36% year-on-year and EBITDA down 32% to DKK 9.37bn (US$1.38bn), may make further job cuts if it fails to beat the market to a good result.
Freight forwarding giant...
A few days ago, Danish freight forwarding giant DSV, which ranks third in the world in air freight and fourth in sea freight, is suing a customer who is accused of abandoning contracts and refusing to perform contracts when freight rates fell from peaks.
Goodbye Sealand! Another...
After Maersk announced the integration of "Sealand Europe" and "Sealand Americas" into the Maersk brand on the 6th of this month, on the 21st of this month, Maersk released an announcement on its official website, saying that "Sealand Asia" will be integrated with the Maersk brand.