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- Release on2022-06-21
- Spot freight rates on major routes are still on a downward trend. This week, Xeneta's XSI, Drewry's WCI and the Baltic Sea Freight Index (FBX) showed that rates on the Asia-Europe and trans-Pacific routes were either down or unchanged from last week.... Read More>>
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- Release on2022-06-16
- It is reported that the nationwide strike by thousands of truck drivers in South Korea has lasted for seven days, and the strike activities have continued to escalate, resulting in large-scale delays and disruptions in logistics across the country.... Read More>>
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- Release on2022-06-16
- Since the full resumption of work and production in June, the volume of goods at the Shanghai port has continued to rebound.... Read More>>
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- Release on2022-05-27
- Sunny Worldwide Logistics Canadian agent updates the latest terminal situation... Read More>>
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Global container capacity reaches 50 million TEU, with a projected surplus of 13 million TEU by 2023Release on2022-05-24
- Global container capacity reaches 50 million TEU, with a projected surplus of 13 million TEU by 2023... Read More>>
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- Release on2022-05-20
- Currently, the three major shipping alliances' Asia-Northern Europe routes cannot maintain normal sailing schedules, and carriers need to add three ships to each loop to maintain weekly sailings. That's the conclusion of shipping analyst Alphaliner in its latest analysis of schedule integrity on trade routes.... Read More>>
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- Release on2022-05-17
- Shanghai: It is expected that normal production and living order will be fully restored from June! Pudong Airport's cargo volume continues to recover, Shanghai Port's throughput has recovered to 80% of last year... Read More>>
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- Release on2022-05-14
- Gene Seroka, executive director of the Port of Los Angeles, said in a weekly briefing that the Port of Los Angeles has not felt the impact of the lockdown in Shanghai.... Read More>>
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- Release on2022-05-12
- Trans-Pacific shipping time is greatly shortened, spot freight rates continue to drop... Read More>>
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- Release on2022-05-06
- The container freight rate has been falling for 15 consecutive weeks, hitting a 9-month low. However, as China gradually unblocks and resumes work and the United States accumulates a large number of empty containers, it may trigger a new round of port congestion crisis, and the freight rate is expected to rebound strongly in May.... Read More>>
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- Release on2022-04-19
- The closure and control of Shanghai continued to impact the container shipping market, coupled with the decline in demand in the United States, the SCFI index fell for 13 consecutive weeks. It is expected that the freight rate will remain weak in the second quarter. Even if Shanghai reopens and resumes work, it may be difficult to reverse the current decline in freight rates.... Read More>>
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- Release on2022-04-14
- The backlog of ships outside the Port of Los Angeles has decreased, the cargo handling volume has set a record, and the congestion of the Eastern United States ports is still serious... Read More>>
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