Logistics News
- Hapag-Lloyd Raises Surcharges for Asia to Latin America RoutesHapag-Lloyd increases GRI for Asia to Latin America routes, effective April 1. Rates: 500/TEU,1,000/FEU, covering South America, Mexico, Central America, and the Caribbean.Logistics News March 24, 2025
- Maersk and DP World Target Brazil’s Growth Potential with Long-Term AgreementDP World and Maersk signed an 8-year deal to expand services at Santos Port, Brazil. DP World plans BRL 2 billion in investments, while Maersk adds new routes to boost logistics capabilities.Logistics News March 21, 2025
- Maersk Announces Port Skipping Amid 10-Day Delays at Cape Town Port!Cape Town Port faces severe congestion, prompting Maersk to skip the port and avoid 10-day delays. Shippers and forwarders should track shipments to minimize disruptions.Logistics News March 20, 2025
- What Drove Wan Hai Lines’ Record-Breaking 2024 Performance? Revenue Soars, Net Profit Hits All-Time HighWan Hai Lines reported 2024 revenue of NT 161.8 billion,up 61.447.42 billion. The company plans to convert 8 vessels to LNG dual-fuel and optimize routes for future growth.Logistics News March 13, 2025
- What is Behind the 40% Drop in Freight Rates? Shipping Lines Take ActionFreight rates on major global routes have dropped over 40%, prompting shipping lines to cut capacity and delay new routes. Oversupply and cancellations may lead to further ship idling.Logistics News March 13, 2025
- What is Behind DHL’s Massive Layoffs? 8,000 Jobs Cut Amid Cost-Cutting StrategyDHL plans to cut 8,000 jobs, its largest layoff in decades, to save €1 billion by 2027. The cuts target Germany’s mail and parcel division amid declining volumes and regulatory challenges.Logistics News March 12, 2025
- Why Are Freight Rates Falling? US West Coast Rates Drop Below $2,000SCFI rates fell for the 8th week, with U.S. West Coast rates dropping below $2,000/FEU, nearing cost levels. Route cancellations and weak demand pressure rates, but a seasonal recovery is expected in Q2.Logistics News March 11, 2025
- What’s in Store for China’s Foreign Trade in 2025? New Policies to Boost Global ExpansionOn March 6, China’s Minister of Commerce, Wang Wentao, announced a series of new policies to support foreign trade enterprises amid global uncertainties. From cross-border e-commerce to service trade, and from financial support to exhibition opportunities, the Ministry of Commerce (MOFCOM) is rollinLogistics News March 10, 2025
- What Should Businesses Know About Ramadan 2025? A Complete Guide to Seizing OpportunitiesRamadan 2025 runs from March 1 to March 30, followed by Eid Al-Fitr. This golden month for 2 billion Muslims offers businesses opportunities in the Middle East, Southeast Asia, and Africa through strategic planning in logistics and customer communication.Logistics News March 06, 2025
- Hurry up and place an order! Big promotion on North American sea freight FCL.STU Supply Chain, based in Shenzhen, specializes in FCL sea freight from Shanghai, Ningbo, Shenzhen, and Hong Kong to U.S. ports. We offer integrated logistics solutions with competitive rates for North American exports.Logistics News March 05, 2025