Freight forwarding network: Asia-Mediterranean demand is strong, outpacing growth in Northern Europe

2023-08-10

Asia, Mediterranean, Nordic, freight forwarding network

In June, container trade between Asia and the Mediterranean increased year-on-year for the third consecutive month, with demand growth far exceeding that of the Asia-Northern Europe route.

Freight Forwarding Network: Global Air Cargo Summer Market Downturns, Air Freight Rates Decline

2023-08-08

Aviation, freight, freight forwarding network.

According to data Services by Clive Data, in the past year, the growth of available capacity has exceeded the tonnage carried each month. In July, capacity increased by 7% year-on-year, while global demand fell by 2%.

Freight Forwarders Network: HMM puts big ships on trans-Pacific for YML charter

2023-08-04

HMM,YML, charter, freight forwarding network.

YML has signed charter container spaces for its independent trans-pacific express service with HMM, which has agreed to sell 1388 standard container (teu) spaces for its PSX service to YML.

EU carbon tax will have long-term impact on global rates and ship deployment

2023-08-03

EU, carbon tax, freight forwarding network.

The shipping industry will be included in the EU's Emissions Trading System (ETS) from January 1 next year...

Freight forwarding network: Europe ahead of the United States to become a key channel for South American container trade

2023-08-02

Freight forwarding network: as capacity tightens, trucking company Yellow's collapse pushes up LTL rates

2023-08-01

USA, Truck, Yellow, Forwarding Network

Trucking company Yellow has experienced several bankruptcies over the past 20 years, but has not survived the recent crisis.

Freight forwarding network: the flow of goods in the port of Mundra, India, remains a problem after the hurricane was interrupted.

2023-07-31

India, Mondra Port, Freight Forwarder Network

Mondra Port, India's busiest container gateway, was interrupted by a hurricane last month, resulting in a large backlog of import and export cargo, and carriers had to constantly adjust boarding gates or cargo windows...

Freight Forwarding Network: Adequate Southern California Warehouse Space Waiting for Off-Peak Season

2023-07-28

Peak season, Southern California, warehouse, freight forwarding network.

For the first time since the outbreak-driven import boom began three years ago, Southern California's warehouses and distribution centers are finally experiencing overcapacity...

Freight Forwarding Network: Backlog in Western Canadian Ports will take weeks to clear

2023-07-27

Canada, port, freight forwarding network.

Canadian National Railways said it will take up to eight weeks for a 14-day strike action at western Canadian ports to clear a backlog of cargo during a weaker-than-expected peak season.

UPS and truckers reach tentative five-year contract agreement to avert possible strike

2023-07-26

Truck, agreement, freight forwarding network.

The International Brotherhood of Truckers (IBT) said local union leaders had approved a tentative agreement between the International Brotherhood of Truckers and US light trucking company TForce Freight on a new five-year contract.

Freight forwarding network: Asia-Europe shipping airlines hope to stabilize the market by raising interest rates

2023-07-25

Asia-Europe routes, freight, increase, freight forwarding network

In order to increase the freight rate of the Asia-Northern Europe route from the current level of about US $750 per TEU, Mediterranean Shipping Company increased the various freight rates (FAK) of the route to US $925 per TEU from August 1.

Freight forwarding network: trans-Pacific region ready for the arrival of new capacity

2023-07-24

Trans-Pacific, container, capacity, freight forwarding network

Container shipping will see a double-digit capacity injection in the next six months, with more and more container shipping companies operating independently from their ship-sharing alliances, and more slots on ships will need to be filled.

Freight forwarding network: European sales fell sharply in the first half of the year, the full-year outlook is sluggish.

2023-07-21

Europe, port, Rotterdam, freight forwarding network,

Container volumes at Europe's main maritime gateways continued to decline, and the Port of Rotterdam also saw a significant drop in throughput in the first half of the year, following its neighbor Antwerp-Bruges (antwep-bruges).

Freight Forwarding Network: Maersk develops air cargo services by opening Atlanta hub

2023-07-20

Maersk, Aviation, Atlanta, Freight Forwarder Network.

Maersk has opened a new depot near Atlanta's Hartsfield-Jackson International Airport (ATL), which will provide global air freight service at what it calls a "strategic transportation hub.

Freight Forwarder Network: Decrease in Empty Container Imports Affects India's Container Trade Pattern

2023-07-18

India, imports, empty containers, freight forwarding network.

The new trade pattern largely reflects a sharp decline in imports of vacant equipment amid weak demand, rather than continued export trade.

Freight forwarding network: recovery after strike in western Canadian ports is expected to take 3 months.

2023-07-17

Canada, port, recovery, freight forwarding network

The strike shut down two major ports in western Canada and disrupted the trans-Pacific shipping schedule.

Freight Forwarder Network: Chassis Repair Causes Short-Term Supply Shortage in Chicago

2023-07-14

Chicago, chassis, freight forwarding network

Chicago trucking company that transports sea containers has run into a chassis shortage...

Freight Forwarder Network: California Giving US $0.735 billion to Major Container Ports in West America for Facility Upgrades

2023-07-13

California, West America, Port, Facility, Freight Forwarder Network

The Ports of Los Angeles, Long Beach and Oakland received grants totaling $0.735 billion from the State of California to fund infrastructure and emissions reduction projects designed to promote efficient and sustainable freight transport.

Freight Forwarders: Trans-Pacific Airlines changes port rotation to avoid strike-hit Vancouver

2023-07-11

Canada, strike, Vancouver, freight forwarding network

Due to the ILWU (Canada) work action, the operation of all marine terminals in Vancouver and Prince Rupert ceased on Saturday, July 1, 2023.

Freight Forwarder Network: Maersk Says Asia-Europe Freight Prices Will Increase Significantly From July 31

2023-07-05

July 31, Maersk, Asia-Europe, Freight, Freight Forwarder Network

The excess capacity of the Asia-Northern Europe route has led to a sharp drop in freight rates for several weeks, and Maersk is trying to increase the various freight rates (FAK) on the route by 49%.