Wan 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.

Freight 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.

DHL 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.

SCFI 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.

On 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 rollin

Ramadan 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.

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.

As Industry 4.0 advances, product customization and personalized services have become key market trends, placing higher demands on modern logistics systems. As the core of logistics and supply chains, warehousing systems are critical for operational efficiency, service quality, and cost control. An

Maersk introduced a $60 In-Transit Surcharge for cargo to Guatemala, Honduras, Nicaragua, and El Salvador to enhance port services and expedite customs clearance. The fee takes effect on Feb 26 (non-U.S. contracts) and Mar 26 (U.S. contracts).

SCFI rates fell for the sixth week, with U.S. routes down over 17%. Europe routes face "rate inversion," and March rate hikes show limited impact. Further hikes are expected in April-June, potentially stabilizing rates.

CMA CGM launched BIGEX 3 and BIGEX 4 to enhance India-Middle East-Red Sea connectivity, with inaugural sailings on Feb 23 and 25. Following Hapag-Lloyd’s “Gemini” alliance with Maersk, CMA CGM terminated their VSA and is independently redefining its India growth strategy.

ONE launches the VCX service connecting South China and Vietnam, starting April 16. Operating weekly with a 14-day round-trip, the route links Ho Chi Minh City, Haiphong, Nansha, and Hong Kong, offering a 5-day transit from Ho Chi Minh to Nansha, enhancing trade efficiency.

Global importers, exporters and freight forwarders tracking Southeast Asian sea freight have a critical new update: Port Klang has secured a spot in the world’s top 10 container ports for the first time in history, backed by record-breaking 2024 TEU throughput and large-scale terminal expansion plan

The container shipping market has recently seen a wave of collective rate hikes by liner companies for March. Major carriers, including Maersk, MSC, CMA CGM, Hapag-Lloyd, and Wan Hai, have announced adjustments to freight rates on routes covering Europe, North America, Africa, the Middle East, South Asia, and intra-Asia. Maersk raised Europe-bound rates to 2,600/TEU and 4,000/FEU, while Hapag-Lloyd increased rates on multiple routes. MSC and Wan Hai also issued rate hike notices. These adjustments have driven a strong performance in the Europe Container Index (EC) futures market, but significant resistance is expected due to declining cargo volumes on major routes and uncertainties in the Middle East. The launch of the “Gemini” alliance between Maersk and Hapag-Lloyd has reduced market concentration, potentially intensifying competition. Global container shipping supply is projected to grow by 5.4%, exceeding annual demand growth of 2%–3%, further pressuring rates.

Recently, shipping companies have begun to announce a new round of freight rate adjustment plans for January 2025. Maersk, CMA, HMM and other shipping companies have successively adjusted the rates of some routes, involving the Mediterranean, the Philippines, Africa, the Middle East, the US line, et