Freight forwarding network: European hub port investment terminal automation and digitization.

2023-07-04

Europe, terminal, digital, freight forwarding network.

The two largest container shipping portals in Europe are making a series of capacity and technology investments in terminals in order to increase port throughput and make port operations more digital and automated.

Freight forwarding network: interest rates on transatlantic westward routes are close to pre-epidemic levels

2023-07-03

Atlantic, routes, interest rates, freight forwarding network.

Round-trip freight rates on Europe's main east-west trade routes to North America and Asia have fallen from record highs last year and are now approaching pre-epidemic levels.

Freight forwarding network: weak demand, carriers accept larger ships to fill the trans-Pacific gap

2023-06-29

Pacific, routes, flights, freight forwarding network.

Demand has weakened significantly, but major maritime companies continue to deploy new arrivals, and operators are starting to incorporate larger vessels into their networks while seeking to reduce capacity.

Forwarder Network: HMM is about to launch independent services from Asia to India and the Mediterranean

2023-06-28

HMM, New Route, Asia-India, Freight Forwarder Network

Due to the growing demand for freight in India and the Mediterranean, HMM said that it will launch a separate service from Asia to India and the Mediterranean in early August.

Freight Forwarder Network: Maersk Adds Orders for 6 Methanol-Powered Container Ships

2023-06-27

Maersk, container ship, methanol, freight forwarding network

Maersk last year ordered 19 dual-fuel methanol mega vessels with a capacity of 17000 teu to be delivered from 2024, but this time the company has opted for smaller vessels that are more flexible when deployed across trade routes.

Freight forwarding network: soaring demand for lithium batteries, need to emphasize transport safety issues

2023-06-26

Lithium battery, transportation, safety, freight forwarding network

Lithium-ion batteries are also found in a variety of other goods, including mobile phones and laptops, which use lithium-ion batteries, including electric bicycles and scooters, most of which are transported in containers with batteries.

Truckers Agreement with ABF Will Raise LTL's Wages, Limit Driverless Technology

2023-06-20

ABF, truck, agreement, salary, freight forwarding network.

The leadership of the International Brotherhood of Truck Drivers (International Brotherhood of Teamsters) approved a preliminary agreement with the American trucking company ABF Freight System.

Freight forwarding network: West Coast labor deal reached, but damage already done

2023-06-19

West Coast, Labor Agreement, Freight Forwarder Network.

The West Coast's share of U.S. imports from Asia has fallen from 71% in 2013 to 56% in the first five months of 2023, while the East Coast and Gulf Coast's combined share of Asian imports has risen from 29% to 44% over the same period.

Freight forwarding network: U.S. imports hit a new high in 2023 in May, but fell 20% year-on-year.

2023-06-16

United States, May, Import, Freight Forwarder Network

US retail sales will continue to slow in the first half of 2023, and imports will still decline by double digits year-over-year.

Freight forwarding network: Indian container ports hit by hurricane disruption, tight capacity

2023-06-15

hurricane, india, port, container, freight forwarding network

All Indian ports off the coast of Gujarat have ceased operations until further notice as severe Tropical Storm "Bipachoi" (Biparjoy) is moving towards India's Northwest Corridor.

Freight forwarding network: Port of Wilmington gets new operator after GT USA tenure instability

2023-06-12

Port of Wilmington new operator freight forwarding network

The new operator of the Port of Wilmington, La., has pledged to spend $21 million to develop a new 1 million teu container Edgemoor terminal...

Freight forwarding network: U.S. importers are still destocking and delaying replenishment in an uncertain economy.

2023-06-08

United States, importers, destocking, freight forwarding network.

The big destocking in 2023 is far from over, real replenishment is still far away, and the market feels like a severe freight recession in 2016...

IATA supports green energy transition in aviation

2023-06-07

International, aviation, green energy, freight forwarding network

According to the International Air Transport Association (IATA), more than 85 producers in 130 countries have announced more than 30 related renewable fuel projects.

Freight Forwarding Network: Air freight rates cut to three-year low on slowing demand

2023-06-06

Aviation, freight, rates, freight forwarding network.

Despite this, prices from Shanghai to Northern Europe are still up 21% compared to before the May 2019 epidemic, while prices across the Pacific are up 27%, according to BAl data.

Freight forwarding network: Norfolk Southern relaxes demurrage restrictions on sea containers.

2023-06-05

Norfolk, shipping, demurrage, freight forwarding network.

NS implemented several restrictive measures, including reducing the allowed idle time and increasing the demurrage penalty for cargo owners who did not recover their ocean freight in time.

2023 First Freight Forwarder Network One-to-One Meeting

2023-06-02

2023, First, One-on-One Meeting, Freight Forwarder Network

On the afternoon of May 31, Freight Forwarding Network successfully held the "2023 First One-to-One Meeting of Freight Forwarding Network" at Fuyuan Hotel in Luohu, Shenzhen ".

Freight forwarding network: CPKC adds new refrigerated containers for Mexico-US services

2023-06-02

CPKC, refrigerated, container, freight forwarding network.

Canadian Pacific Company Kansas City (CPKC) will add 1000 new temperature-controlled intermodal containers to its Mexico network to support the recently opened daily train from central Mexico to Chicago...

Freight forwarding network: shipping prices stabilize in May, carriers reduce suspension

2023-05-26

May, freight rates, suspension of flights, freight forwarding network

Ocean Shipping made a concession in May, making a smaller cut and adopting a more conventional model, switching from a weekly service to a two-week service.

Freight Forwarder Network: Zim Expands Asia-USEC Ship Scale

2023-05-25

Zim,USEC, ship, freight forwarding network.

Zim Integrated Shipping Services (Zim Integrated Shipping Services) has significantly increased the size of its Asia-US East Coast all-water service vessels for the transfer of West Coast cargo.

On June 1, shipping companies began to levy a surcharge PCC.

2023-05-24

Dry season, shipping company, PCC, freight forwarding network.

This week the Panama Canal will impose restrictions on traffic as drought again afflicts one of the world's most important maritime traffic thoroughfares.