Logistics

Contract rates on certain container export trades out of Europe remain well above pre-pandemic levels; is this a sign of underlying strength or an impending collapse? According to research by Xeneta, long term rates on the transatlantic front-haul to the US East Coast were up 144% on 2019 levels as of early May 2023, while…

Tuyến thương mại xuyên Đại Tây Dương là “điểm sáng” cho các tuyến vận chuyển container ở bối cảnh toàn cầu sụt giảm trong năm qua. Tỷ lệ giữa châu Âu và Hoa Kỳ là một ngoại lệ, cao hơn nhiều so với tỷ lệ thương mại xuyên Thái Bình Dương, và cho đến gần…

A brief stoppage on the docks at Los Angeles and Long Beach highlights frustrations over contract talks that have stretched to nearly a year Flaring labor tensions at West Coast ports are sparking fears of growing work stoppages that would hobble the flow of goods through some of the country’s biggest trade gateways as importers…

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high cube equipment. More specifically, there will be a rate increase of US$800 per all 20′ container types and a US$1,000 increase per all 40′ container types. The German ocean carrier said…

China International Marine Containers (CIMC) chairman and CEO Mai Boliang expects demand for new containers to be muted, at just 20% of that in conventional years. The head of the world’s largest container manufacturer was speaking at a briefing on 28 March to announce CIMC’s 2022 results, which showed net profit fell by 52% year-on-year…