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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
- "Sister Yang, what do you think we should do? If I continue to transport this air cargo from China to the United States, I will lose 6,000 yuan. If I return this air cargo from China to the United States to the customer now, I will lose 2,000 yuan."... 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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- 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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