Europe-US routes will in...
The reduction and consolidation measures implemented by shipping companies during the May Day holiday have had a significant impact on market freight rates, resulting in a sharp increase in freight rates.
A year-on-year increase ...
The reporter learned from the China State Railway Group Co., Ltd. that from January to April this year, a total of 6,184 China-Europe trains operated, delivering 675,000 TEUs of goods, a year-on-year increase of 10% and 11% respectively. As of the end of April 2024, China-Europe freight trains have operated more than 89,000 trains, reaching 223 cities in 25 European countries.
The latest shipping pric...
The shipping company's cabin control led to a shortage of containers and a scramble for space, and the cargo volume gradually recovered. On May 1, the shipping company successfully raised the price for the first time. On May 10, the latest Shanghai Containerized Export Freight Index (SCFI) rose sharply by 365.16 points to 2305.79 points, an increase of 18.82%. Not only did it achieve five consecutive weeks of increases, but the main routes in Europe, South America and North America all increased
China-Hungary Joint Stat...
At the invitation of Hungarian President Sjuyuk Domash and Prime Minister Viktor Orban, President Xi Jinping of the People's Republic of China paid a state visit to Hungary from May 8 to 10, 2024. During the visit, President Xi Jinping held meetings and talks with President Shuyuk and Prime Minister Orban respectively. In an atmosphere of friendship, candor and mutual trust, the two sides reviewed the solid foundation of China-Hungary relations and the traditional friendship between the two peop
Nightmare! The shipping ...
Freight forwarders are warning customers that demand for Asia-Europe shipping is starting to resemble that seen during the peak of the pandemic.
China-Europe freight tra...
Recently, a Guangwu container China-Europe freight train loaded with 110 GAC Trumpchi brand export cars departed from Guangzhou International Port Station, organized by Guangwu International Logistics Company, a subsidiary of Guangwu Holding Group, and under the supervision of Guangzhou Station Customs, a subsidiary of Guangzhou Customs. We will go to Moscow, Russia via Manzhouli Port, and the whole journey is expected to take 15 days.
Sudden! Israel's largest...
On May 5, the Shiite armed organization "Islamic Resistance Movement of Iraq" issued a statement stating that it launched a missile attack on the northern Israeli port of Haifa. Haifa Port is Israel's largest port, with an annual cargo throughput of nearly 30 million tons and a container throughput of approximately 1.5 million TEUs.
A CMA CGM container shi...
According to the Associated Press in Jerusalem, on Monday, Yemen's Houthi armed forces launched another missile attack on a container ship in the Red Sea. This is the second missile attack on the "Maersk Yorktown" and the "Mediterranean Veracruz" on the 24th and 25th. After the attack on the Mediterranean Darwin, it was another attack on this key international maritime route. According to unconfirmed reports, the ship is the container ship "CMA CGM Manta Ray" owned by CMA CGM.
The first China-Europe r...
At 11:18 on the 26th, a China-Europe freight train loaded with agricultural products departed from Urumqi Sanping Container Center Station and exited through the Khorgos Railway Port. It will pass through many Central Asian countries, cross the Caspian Sea, the Black Sea, and the Mediterranean Sea, and arrive at Salerno, Italy, the entire journey runs about 10,000 kilometers.
Skyrocketing! Maersk: PS...
Recently, the container shipping industry has experienced an abnormal price increase in the off-season. The freight rate on the route from the Far East to South America has risen sharply within two weeks, with a cumulative increase of 32.78%. At the same time, freight rates on the Asia-Africa route are also on the rise. Leading shipping companies such as Maersk, CMA CGM, Hapag-Lloyd, etc. have issued price increase letters, with some routes increasing by nearly 70%, causing shipping costs to ris