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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
- 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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- Release on2024-05-11
- Recently, freight rates on European lines have risen rapidly. Market tension and shipping company strategic adjustments have made it difficult to book space even if you pay high freight rates. The freight rate on the South American route has soared, especially the freight rate on the east side of South America has exceeded the US$10,000 mark. (View article: Nightmare! Freight rates soar to US$10,000! No matter how high the freight is, you can’t book a space)... Read More>>
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- Release on2024-05-10
- According to CCTV news, on May 9 local time, Yahya Sarrea, a spokesman for the Houthi armed forces in Yemen, said in a televised speech that the Houthi armed forces attacked a number of ships related to Israel.... Read More>>
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- Release on2024-05-10
- On May 9, local time, Argentina’s largest labor union, the General Confederation of Labor, launched a nationwide strike to protest against the structural reforms implemented by the Milais government. Although the scale of this strike is not expected to be as large as the strike on January 24, during the strike, major economic activities throughout Argentina will be suspended for 24 hours, which will have a serious impact on all walks of life.... Read More>>
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- It’s fried! The country strictly checks Chinese containers! Over 80 items were seized in half a month!
- Attention! Two Major Shipping Lines Announce Service Suspensions!!
- MSC Announces: Service Suspension! COSCO Announces: PSS Increased by Another USD 2,000
- Freight Rates Skyrocket Over 60%! Direct Sailings Turn Transshipment, Rolled Cargo Without Warning
- Freight Rates Soar as Peak Season Arrives Early; Shippers Blast Shipping Lines
- Freight Rates Surge as Four Major Trade Lanes Soar
- 81 Containers Seized in Half a Month as Philippine Customs Tightens Enforcement; Southeast Asia Clearance Becomes Stricter
- U.S. Shipping Rates Surge Over 60%! Port Congestion in the Middle East and South Asia Triggers Cargo Rollovers and Container Space Crunch Again
- Cabins Running Out, Frequent Cancellations, and Rising Freight Rates! Global Shipping Peak Hits Early, Another Price Surge Expected in June
- Europe & U.S. Trade Lanes Fully Booked! Freight Rates Changing Daily! Multiple Shipping Lines Suddenly Announce Further Rate Hikes in June
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