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NEWS & BLOG

Logistics News

2022
DATE
04 - 18
CMA CGM LISA MARIE Ship's Container Catches Fire
In the early morning of April 16, a container ship with a capacity of 10926TEU named "CMA CGM LISA MARIE" caught fire when the container on board caught fire in the waters of Shabang, Aceh Province.
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2022
DATE
04 - 15
Shunto, All Port Terminals in Japan Will Be Suspended
Japanese labor unions hold "Shunto" activities every spring. Recently, dock workers at ports across Japan plan to hold a one-day strike on April 17 (Sunday), and all port terminals face a 24-hour suspended.
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2022
DATE
04 - 14
Australia Targets Rise in Commodity Exports
Australia plans to increase its commodities exports in the current fiscal year in light of the current rise in global commodities prices. According to the latest quarterly resources and energy report released by the Australian government, the country's exports will increase by 44 million tons year-on-year in the fiscal year 2021-2022 ending June 30, mainly iron ore and power coal.
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2022
DATE
04 - 13
UPS Increases Fuel Surcharges, Costs for Sellers Increase
UPS domestic air freight surcharges are also on the rise. On March 28, UPS announced that it would increase the surcharge level by 1.75%. Since April 4, it has surged to 20%, reaching 21.75% on Monday.
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2022
DATE
04 - 13
MSC Launches New Direct Sea Route From China to Chittagong
In the context of severe congestion at the two major transshipment ports of Colombo and Singapore, Mediterranean Shipping (MSC) has decided to open a new direct route "Bengal Service" from South China to Chittagong.
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2022
DATE
04 - 12
U.S. Sea Freight Rates Fall From High Levels
The actual shipping price of container ships has dropped by about 20% on average since the Spring Festival. The freight rate from China to West America has dropped from about 12,000 US dollars to 8,000 US dollars now, more than 30%, and the European line has dropped even more.
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2022
DATE
04 - 12
Southeast Asia Freight Rates Increase by More Than 50%
With soaring fuel costs and better consumption expectations, the export transportation market in Southeast Asia will also become hotter in recent days.
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2022
DATE
04 - 11
CMA CGM Acquires Gefco to Strengthens Logistics Presence
Through the acquisition of GEFCO, CMA CGM's logistics subsidiary, CEVA Logistics, will become a global leader in automotive logistics.
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2022
DATE
04 - 08
20 Carriers Investigated for Allegedly Manipulating Rates
It has issued a total of 96.2 billion won to 12 well-known liner giants including HMM, Koryo Shipping, Changjin Merchant Shipping, Xingya Shipping, and Senro Merchant Shipping, including 11 foreign merchant shipping companies such as Maersk and Evergreen. A total of 23 large shipping companies Following the fines, the Korea Fair Trade Commission (KFTC) has once again investigated 20 local and overseas liner operators for allegedly colluding to manipulate freight rates on routes from South Korea to China and Japan.
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2022
DATE
04 - 08
U.S. West Coast and Northern California Container Detention
In recent weeks, the U.S. West Coast has seen an increase in sea container detention times and a decline in the availability of rail equipment and chassis.
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