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- Release on2024-05-23
- Starting from June 1, a new Peak Season Surcharge (PSS) will be implemented from the Far East to Southern Africa and the Indian Ocean Islands. The 20-foot container is US$1,000, the 40-foot and 45-foot containers are US$2,000, and the 40-foot dry-freeze container is US$1,000. Dollar.... Read More>>
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- Release on2024-05-22
- Recently, CMA CGM announced on its website that it will impose a new peak season surcharge (PSS) on cargo from China to Africa.... Read More>>
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- Release on2024-05-22
- Freight forwarders report that containers in northern China are becoming increasingly difficult to obtain. This trend is mainly attributed to unusually strong demand in the market and reduced ship capacity due to the Red Sea crisis, which in turn caused a shortage of ships and containers.... Read More>>
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- Release on2024-05-21
- Global shipping continues to perform strongly, with rising freight rates across all routes, pushing the latest Shanghai Containerized Freight Index (SCFI) to rise by 214.97 points to 2520.76 points, an increase of up to 9.32%; it has risen for six consecutive weeks and set a record high since mid-September 2022. (the highest level in the past 20 months).... Read More>>
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- Release on2024-05-20
- According to CCTV, the leader of the Yemeni Houthi armed forces, Abdul Malik Houthi, said in a televised speech on the 16th that the organization will continue to expand the scope of its attacks and that all ships heading to Israeli ports will be targeted by the Houthi armed forces. Attack targets, these ships will be attacked wherever the Houthis have the capability to reach. He said the Houthis' move was an act of solidarity with the Palestinians.... Read More>>
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- Release on2024-05-17
- On May 14 local time, the US released the results of the four-year review of the Section 301 investigation, announcing that on the basis of the original Section 301 tariffs on China, it will further increase tariffs on electric vehicles, lithium batteries, photovoltaic cells, key minerals, semiconductors, steel and aluminum, port cranes, personal protective equipment and other products imported from China.... Read More>>
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- Release on2024-05-16
- Due to the May Day holiday, shipping companies implemented excessive reductions, reductions, and combinations of shifts, and the market cargo load was better than expected, resulting in full slots, and freight rates soared, and the slots were full before the end of May.... Read More>>
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- Release on2024-05-15
- The Truckers of Canada (TCRC), composed of more than 9,000 employees of Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), announced on May 1 that its union members voted overwhelmingly to support the strike and that they would be the earliest to There will be a strike on May 22.... Read More>>
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- Release on2024-05-14
- As time goes by, the impact of deviations caused by the situation in the Red Sea continues to emerge. Recently, container freight rates have risen again, and freight forwarding companies generally report that the "lack of containers" problem is serious...... Read More>>
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- Release on2024-05-13
- On May 5, local time, the Panamanian Electoral Court announced that Mulino was elected as the new president of Panama.... Read More>>
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- Release on2024-05-13
- Mediterranean Shipping Company (MSC), the world's largest liner company, has officially hit back at the U.S. Federal Maritime Commission (FMC), disputing the unprecedented "staggering" fine.... Read More>>
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- Release on2024-05-11
- Recently, freight rates on European lines have risen rapidly. Market tension and shipping company strategic adjustments have made it difficult to book space even if you pay high freight rates. The freight rate on the South American route has soared, especially the freight rate on the east side of South America has exceeded the US$10,000 mark. (View article: Nightmare! Freight rates soar to US$10,000! No matter how high the freight is, you can’t book a space)... Read More>>
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- Shockwaves: Philippines Halts 80+ Chinese Containers in Massive Two-Week Customs Crackdown
- US Shipping Shake-Up: LA Port Imports Surge 21% as East Coast Slumps
- Freight Winter? Logistics Giants Slash Jobs in Mass Layoffs
- Good News! China and US Reach Positive Consensus on Tariff Arrangements
- Rate Hike Wave Hits: May Ocean Freight Rates Surge Up to $7,200
- MSC First to Break 1,000-Ship Barrier as Global Container Fleet Expands, Industry Concentration Hits New High
- Shipping Lines to Cancel More Voyages as Rolled Cargo Mounts and Freight Costs Surge
- 82% Rejection Rate! US Customs Crackdown Intensifies as Tens of Thousands of Containers Face "Lockdown"
- MSC announces major upgrade of routes: all Asia-Europe voyages, new ports in Southern Europe added
- Customs Enforcement Surges: 9H Holds Trigger Mass Bond Revocations as US Shifts Focus from Goods to People
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