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- Release on2023-05-18
- The Office of the U.S. Trade Representative has set an expiration date of May 15, 2023 for 81 of the 301 tariff exclusion clauses for health care-related Chinese products needed to respond to the new crown epidemic.... Read More>>
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- Release on2023-05-16
- COSCO SHIPPING issued a notice on May 12. Due to the recent occurrence of transportation safety incidents in the industry caused by the quality of dangerous goods and substandard stowage in containers, our company once again reminds shippers and consignees to abide by their entrusted obligations. Ensure that the consigned goods comply with our transportation policy, and shall not conceal, falsely report, misreport, or omit to report.... Read More>>
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- Release on2023-05-16
- Recently, Container xChange surveyed 1,200 supply chain professionals, asking what factors will affect the shipping industry in 2023. Forty-nine percent of respondents said the US recession was the main concern for the freight forwarding industry, followed by geopolitical tensions (32%) and rising operating costs (22%).... Read More>>
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- Release on2023-05-09
- According to the data released by Alphaliner, as of May 8, the total number of container ships in operation worldwide reached 6,597, an increase of 73 ships compared with two months ago; the total global shipping capacity was 26,895,441 TEU, an increase of 342,979 TEU; the total tonnage of operating ships was 321,751,754 deadweight tons.... Read More>>
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- Release on2023-05-06
- According to the "Weekly Report on China's Export Container Transportation Market" released by the Shanghai Shipping Exchange on April 29, the overall market of China's export container transportation market was basically stable this week, and there was no obvious shipment before the "May 1st" holiday. During the peak period, the freight rates of most routes showed a downward trend, dragging down the composite index.... Read More>>
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- Release on2023-05-06
- Previously, CMA CGM imposed an overweight surcharge (OWS), and later there was an HMM surcharge (GRI).... Read More>>
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- Release on2023-05-04
- The transportation industry has always been regarded as an important barometer of the US economy. However, several transportation companies, including airlines and highways, have recently released significantly lower than expected financial reports, indicating a risk of cooling consumer demand.... Read More>>
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- Release on2023-04-28
- The ocean bill of lading is the most important document in international maritime cargo transportation and an important document in international trade. It is known as the cornerstone of international trade and international shipping.... Read More>>
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- Release on2023-04-25
- Evergreen and Yang Ming recently issued another notice: starting from May 1, GRI will be added to the Far East-North America route, and the freight rate is expected to increase by 60%.... Read More>>
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- Release on2023-04-24
- On the morning of April 19, local time, about 100,000 federal government employees across Canada went on strike. The 155,000-member union of Canadian public servants failed to reach a pay deal with the federal government by Tuesday's deadline, sparking one of the largest strikes in Canadian history. The Canadian government has issued an announcement recently that managers will issue written notices to employees in some essential service positions, telling them their roles and responsibilities in the event of a strike.... Read More>>
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- Release on2023-04-24
- Since the second half of last year, sea freight has entered a downward range. Does the current rebound in freight rates mean that the recovery of the shipping industry can be expected?... Read More>>
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- Release on2023-04-23
- The container shipping market, which has been falling all the way since last year, seems to have shown a significant improvement in March this year. In the past three weeks, container freight rates have risen continuously, and the Shanghai Export Containerized Freight Index (SCFI) has returned to the thousand-point mark after 10 weeks, and it has set the largest weekly increase in two years.... Read More>>
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- Port of Destination Abandonment: Shipper Bears All Costs; Forwarder Liable from Booking
- Yantian Port Net Profit Defies Trend with 7.28% Growth in 2025 as Port Throughput Sees Modest Decline
- May Rate Hikes! Up to $7,200! Multiple Shipping Lines Announce Price Increases
- Shipping Line Declares General Average; Cargo at Major Chinese Ports Affected
- Shippers & Forwarders Beware! The Heavy Price of Overweight Containers: VGM Rules and Real Penalty Cases
- BREAKING: 4,000 Batches of Chinese Goods Seized! Case Value Exceeds 1.1 Billion Yuan!
- Good News! U.S. Tariffs on China May Drop Another 10%
- Freight Rates Soar Multiple Times! Middle East Shipping Costs May Break $10,000
- US-Gulf Freight Rates Soar as Global Cargo Demand Signals Looming Overcapacity
- Freight Rates Rise for Third Straight Week, Trans-Pacific Leads with Divergent Trends
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