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The strike continues to escalate! 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....

Is Shanghai's "retaliatory" shipment coming? Shanghai export freight rates rise for 4 consecutive weeks 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....

Sunny Worldwide Logistics Canadian agent updates the latest terminal situation Release on2022-05-27: Sunny Worldwide Logistics Canadian agent updates the latest terminal situation...

Global container capacity reaches 50 million TEU, with a projected surplus of 13 million TEU by 2023 Release on2022-05-24: Global container capacity reaches 50 million TEU, with a projected surplus of 13 million TEU by 2023...

Pay attention to the Asia-Europe route! The port is severely congested, and the delay of the ship schedule hits a new high, with delays as long as 41 days! 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....

Shanghai:It is expected that normal production and living order will be fully restored from Junel 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...

Port of Los Angeles: Thanks to Ningbo Zhoushan Port, our cargo flow has not been affected by the Shanghai lockdown 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....

Trans-Pacific shipping time is greatly shortened, spot freight rates continue to drop Release on2022-05-12: Trans-Pacific shipping time is greatly shortened, spot freight rates continue to drop...

Freight rates are expected to rebound strongly after falling for 15 consecutive weeks! Shanghai's unblocking triggers a new round of port congestion crisis in the container shipping market 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....

Freight rates have fallen for 13 consecutive weeks! Shanghai's closure and control hit the global container shipping market 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....

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 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...

Matters needing attention in the arrangement of FCL trailers at Shenzhen Terminal Release on2022-04-01: Matters needing attention in the arrangement of FCL trailers at Shenzhen Terminal...

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