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- Release on2024-02-01
- According to US media, US freight forwarder Flexport is planning to lay off 20% of its workforce in the coming weeks, affecting around 500 employees.2023 In October, Flexport had already fired a fifth of its workforce. The report noted, "This marks the third round of major layoffs at the logistics startup in just over a year." ... Read More>>
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- Release on2024-02-01
- The Gulf of Mexico is one of the largest bays in the world and an important international shipping hub, with many important ports along its coast. How will these ports perform in 2023?... Read More>>
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- Release on2024-01-31
- Since mid-December last year, the global maritime supply chain has been disrupted by Houthi attacks on ships in the Red Sea.... Read More>>
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- Release on2024-01-31
- Affected by the Red Sea crisis, various shipping companies are currently choosing to avoid the traditional Red Sea route and detour to the southern tip of Africa.... Read More>>
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- Release on2024-01-30
- Since November 2023, ships in the Red Sea and nearby waters have been attacked many times. For safety reasons, many shipping companies have decided to suspend the navigation of their container ships in the Red Sea （agent shipping china） and change their routes around the Cape of Good Hope.... Read More>>
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- Release on2024-01-30
- After the Lunar New Year, there will be a traditional low season for shipping, and it is normal for freight rates to fall. However, due to the lack of ship supply caused by the Red Sea crisis, the decline in freight rates was smaller than in previous years. Nonetheless, ships are still tight, and major shipping lines are still retaining capacity during the off-season to cope with the lack of ships in the market. The global shipping's strategy of reducing sailings continued, with statistics showing that 99 out of 650 scheduled sailings were canceled in the five-week period from Feb. 26 to March 3, a cancellation rate of 15 percent.... Read More>>
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- Release on2024-01-29
- European shipping rates soared nearly two times after the correction, the latest SCFI Containerized Freight Index shows that Europe, the Mediterranean route tariffs fell 5.58%, 4.03%, affected by the Red Sea crisis pushed up the tariffs since the first decline in the price rise, SCFI terminated the eight consecutive up, 27 days out of the latest issue of the SCFI tariffs index turned down 60.52 points to 2179.09, the weekly decline of 2.7%. Weekly decline of 2.7%.... Read More>>
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- Release on2024-01-29
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- Release on2024-01-26
- Now, as the latest round of negotiations between DP World Group and the Maritime Union of Australia (MUA) breaks down, strike action at Australian ports has escalated again.... Read More>>
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- Release on2024-01-25
- It is understood that the Port of Los Angeles will complete container throughput of 8.634497 TEUs in 2023, a year-on-year drop of 13%.... Read More>>
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- Release on2024-01-25
- From mid-December to the present, the situation in the Red Sea continues to be tense, and many shipping companies have begun to bypass the Cape of Good Hope. As a result, global shipping is caught in the worry of rising freight rate volatility and unstable supply chain.... Read More>>
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- Release on2024-01-24
- The first ship of more than 2,500 tons of Chilean cherries arrived directly at Tianjin Port by sea. Subsequently, these cherries will be sent to Shohenggao Beidian Market as quickly as possible.... 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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