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NEWS & BLOG

Logistics News

2022
DATE
03 - 07
List of Shipping Lines' Arrangements for Stop Shipping Ports and Suspension of Shipments in Russia & Ukraine (Update Mar.3)
In recent days, as the situation in Russia and Ukraine has not eased, some ports in Europe have been congested, and the conflict has spread to the airspace and other issues. The shipping companies have supplemented and updated the sailing arrangements in Russia and Ukraine. The following is the late
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2022
DATE
03 - 07
Notice! Chittagong Port Announces Quadruple Fine for Long-delayed Containers, Effective March 15
It is reported that the Chittagong Port Authority said that it will levy four times the warehouse rent (store rent) for full container (FCL) goods that are stranded in the port yard for more than 21 days. The penalty will be imposed from March 15 as part of measures to free up space needed in the container yard, which is reportedly facing severe congestion as importers deliberately delay in picking up containers.
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2022
DATE
03 - 07
CMA Annual Earnings $17.9 Billion; Freezes Spot Freight Rates Until the End of June.
According to the shipping industry.com, CMA CGM invested a total of US$10 billion to expand the scale of its own and leased assets last year, and it is expected to invest an additional US$14 billion in 2022, including the previously announced acquisition of Los Angeles Fenix Marine Services Terminal, Ingram Micro International ( Ingram CLS) and a majority stake in the French courier company Colis Privé Group. It is worth noting that CMA CGM announced to freeze spot freight rates until June 30, 2022.
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2022
DATE
03 - 05
MSC Adjusts Asia to North America Services
Involves routes from Asia to the West Coast of the United States and Canada, and from Asia to the East Coast of the United States.
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2022
DATE
01 - 18
The volume of containers from Asia to the United States has increased by 20%! China accounts for 60%! Spring Festival shipping space is tight!
If you want to use one word to summarize the state of Americans last year, it may be "buy". Because unemployed people can receive "helicopter money" at home, Americans have nothing to do at home and start buying. This purchase has made the world's shipping very busy. What is more noteworthy is that
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2021
DATE
10 - 14
All ports congested?Welcome to Florida!
Recently, the 24-hour pilot program of the Port of Long Beach failed, and the US port is still in a crisis of continued congestion.
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2021
DATE
10 - 07
high profit! One shipping company officially announced that it will return to the Asia-North America route again
Taiwan's private liner company Ts lines (TS Lines: headquartered in Hong Kong) has announced that it will officially return to the trans-Pacific route. The first voyage of 1808TEU "TS Tokyo" will sail from Nansha to Canada this Saturday.The new NW1 route will call at Shekou, Shanghai and Qingdao por
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2021
DATE
08 - 26
Shipping costs 15% dropped! -Amazon FBA Shipping Forwarder
Good news! Shipping costs 15% dropped! New Shipper Entered the US line!The Meishan Wharf of Ningbo Port was unblocked on August 25 and resumed on September 1 Since the second half of 2020, global ocean freight rates have soared, and freight rates from Asia to the United States have increased particu
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2021
DATE
05 - 25
Its time to prepare for the lack of capacity for Christmas
The daily seaborne import declaration data of the US Customs shows that in the first three months of this year, US imports have soared.According to Nerijus Poskus, vice president of global ocean freight at Flexport, within 16-18 weeks, 20% of Asia-US East Coast routes, 23% of Pacific Northwest route
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2021
DATE
05 - 25
DSV Panalpina wants to acquire DB Schenker for $10 billion ranked as the world's second freight forwarder
There is news in the industry that DB Schenker will become the acquisition target of rival DSV Panalpina, but no acquisition is expected until the German federal election is held in September this year. If the acquisition is successfully completed, DSV Panalpina will become the world's second larges
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