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NEWS & BLOG

LATEST NEWS ON LOGISTICS INDUSTRY

2022
DATE
07 - 01
Trends: What the latest US Retail Sales data tell?
On May 17, The U.S. Census Bureau released retail sales data for April. At the same time, the St. Louis Fed also updated related retail sales and inventory data, which can see the changes in US consumption in the post-COVID-19 era. Has this change been specifically reflected in the volume of U.S. imports? Let's take a look together.
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2022
DATE
06 - 30
Freight Forwarder Shipping from China to USA & Canada
China freight forwarder offers competitive rates and sea freight services for cargo shipping from China to USA & Canada, to be delivered safely and on time.
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2022
DATE
06 - 30
Oakland port slashing free wait time for import containers
From July 1st, PORT OF OAKLAND will shorten the free dwell time from 7 days to 4 days to reduce congestion at its marine terminals, and may impose additional penalties on containers that have been stored for too long.
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2022
DATE
06 - 30
Global port congestions bring more surcharges
Maersk and Hapag-Lloyd respectively announced yesterday (29th) that a peak season surcharge will be imposed on the Port of La Spezia, and a congestion surcharge will be imposed on the ports of Le Havre and Fos.
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2022
DATE
06 - 29
MSC Launches New Transpacific Service
MSC said it is revamping its transpacific network, launching a new Zephyr service next month and improving existing Santana and Sentosa services on its Asia-US routes.
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2022
DATE
06 - 29
Mexico Home Furniture Market is Growing Rapidly
As the China-US trade situation continues to change, more and more assemblers, manufacturers or suppliers to the furniture industry are taking advantage of the advantages offered by the US-Mexico-Canada agreement by expanding their operations in northern Mexico to meet the demand for furniture as well as office furniture in the US market.
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2022
DATE
06 - 29
C&F agents in Bangladesh go on strike on 28 and 29 June
Beginning on the 28th, customs clearance and freight forwarders across Bangladesh went on strike for 48 hours to achieve their demands, including amendments to the 2020 Licensing Rules.
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2022
DATE
06 - 29
DB Schenker Acquires to USA Truck for $435 million
DB Schenker said it will acquire all outstanding shares of USA Truck's common stock for $31.72 per share in cash, a premium of 118% to the pre-trade share price of $24. The transaction is valued at approximately $435 million, including cash and debt.The acquisition advances DB Schenker and USA Truck.
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2022
DATE
06 - 28
Fire breaks out onboard bulk carrier in Ghent, Belgium
On the evening of 23 June, two firefighters and a crew member were injured when a fire broke out on a bulk carrier LOWLANDS MIMOSA in the port of Ghent. 
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2022
DATE
06 - 28
Top 25 Air Freight Forwarders, Kuehne+Nagel Surpasses DHL
2021 has undoubtedly been a good 12 months for air forwarders with record revenue, profits and volumes, but it's also a year at the top as Kuehne+Nagel knocks DHL out of the pack.
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2022
DATE
06 - 28
BANGLADESH: Regulatory Duty Raised on Import of 135 Items
The Bangladesh National Revenue Service (NBR) has issued a Statutory Regulatory Order (SRO) to increase the regulatory duty on imports of more than 135 HS-coded products to 20% from the previous 3% to 5% to reduce these Imports of products, thereby easing the pressure on foreign exchange reserves.
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2022
DATE
06 - 28
Yang Ming to launch Far East-Latin America service “SA8”
Yang Ming Marine Transport Corp launches their Far East - West coast of Latin America service "SA8" in July 2022.....
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2022
DATE
06 - 27
China Ocean Shipping Companies Soars On Carrier Top 50
According to a report by analyst firm Sea-Intelligence, CULines now sits as number 24 on the global ranking list of container lines.....
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2022
DATE
06 - 27
Complete Guide to Air Cargo Handling
Since air cargo transportation requires very high safety, especially when using the belly of passenger aircraft for cargo transportation, some air cargo needs an air transport identification report.
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2022
DATE
06 - 27
US import demand is dropping off a cliff
The number of containers shipped to the U.S. is down more than 36 percent compared to May 24. This is a troubling sign for the U.S. domestic freight market, which has been benefiting from an unprecedented surge in container imports for the past 18 months.
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