Forwardernet.com: Air Cargo invests a lot of capacity on major trade routes to cope with market weakness

2023-03-21

Aviation, market, freight, capacity, Forwardernet.com.

Air cargo capacity continues to be heavily operational as airlines re-launch passenger flights and cargo operators launch new services between key markets in Asia, the US and Europe.

Forwardernet.com: India's JNPT due to berth upgrade work, causing ship assembly, truck accumulation

2023-03-20

India, Berth Upgrade, JNPT, Forwardernet.com

Long truck queues and excessive gate delays affect cargo flows as the country's busiest public gateway struggles with operational challenges from terminal capacity pressures.

Forwardernet.com: MSC to take action to expand the scale, the introduction of independent services

2023-03-17

MSC, Independent Service, Scale, Forwardernet.com

MSC launched an improved Dragon service on Wednesday, one of four 2M routes suspended in May 2020, which will connect Asia with Israel, Italy and southern France and provide the fastest transshipment time into the Mediterranean.

Forwardernet.com: Wanhai Integrate USEC Services at the "Breath" of the Market

2023-03-16

Wanhai, Hab Lot, USEC, Service, Forwardernet.com

Weekly container capacity in 2023 will be much less volatile than in the previous two years, and the change comes at a time when Wanhai Shipping is merging its two trans-Pacific U.S. East Coast services and incorporating Hapg-Lloyd ships into the newly r

Forwardernet.com: Global Supply Chain Falling Back to Normal Level Difficult to Return to Pre-Pandemic Normal

2023-03-15

Global, supply chain, new crown epidemic, production capacity, Forwardernet.com.

The Federal Reserve Bank of New York's Global Supply Chain Stress Index (GSCPI) for February 2023 shows that the global supply chain has not yet fully returned to its pre-pandemic normal.

Forwardernet.com: FMC filed a $44 million budget request to strengthen market regulation

2023-03-14

Federal Maritime Commission, Budget, Market Regulation, Forwardernet.com

With the implementation of new shipping laws and increasing demand for market supervision, the Federal Maritime Commission (FMC) is seeking to increase its budget request for fiscal year 2024 by 14%.

Forwardernet.com: On March 10, Ningbo Explorer Logistics Enterprise Elite Club held a 2023 Spring Festival reception.

2023-03-13

2023, Explorer Logistics Elite Club, Spring Festival Carmery, Forwardernet.com

The Explorer Logistics Enterprise Elite Club (hereinafter referred to as the Club) was established in 2020. It is an information exchange platform for freight forwarders, fleets, warehouses, customs declarations, railways, air transportation, storage yar

Forwardernet.com: China's economic recovery indicates that air cargo will grow this year.

2023-03-13

China, Economic Recovery, Aviation, Cargo, Forwardernet.com

China's expanded consumption, pent-up demand and replenishment in major destination markets, as well as improved economic conditions, will boost trade demand, which will spill over to the air cargo market by the end of the year.

Forwardernet.com: On March 10, Shenzhen International Freight Forwarders Association and its member representatives went to Qinzhou City, Guangxi to visit Beibu Gulf Container Terminal.

2023-03-10

Shenzhen Freight Forwarders Association, Beibu Gulf Port, Qinzhou Automated Container Terminal, Forwardernet.com

On March 10, Shenzhen International Freight Forwarders Association and its member representatives went to Qinzhou City, Guangxi to visit the Beibu Gulf Container Terminal. Beibu Gulf Container Terminal is an important node of Nanning-Qinzhou sea-rail com

Forwardernet.com: Shenzhen International Freight Forwarders Association and its members went to Nanning to participate in the first China-ASEAN International Logistics and Supply Chain Summit and Cross-border E-commerce Trade Forum and v

2023-03-10

Nanning, Guangxi, Shenzhen International Freight Forwarders Association, First, Cross-border E-commerce Trade Forum, Nanning Logistics Facilities, Forwardernet.com

On March 9, the first China-ASEAN International Logistics and Supply Chain Summit and Cross-border E-commerce in 2023 jointly sponsored by Guangxi International Freight Forwarders Association, Shenzhen International Freight Forwarders Association, Guangx

Forwardernet.com: HMM Launches New PSX-North American Independent Route

2023-03-09

HMM, Shipping Company, PSX, North American Independent Operation, Forwardernet.com

The PSX route set sail from Shanghai, China, via Guangyang and Busan, South Korea, to Long Beach, USA, and is attached to TTI Terminal and Auckland TPC Terminal.

Forwardernet.com: CMA, Hapag-Lloth, MSC Raise Indo-US Rates

2023-03-08

CMA, Hab Lot, MSC, India-US Rate, Forwardernet.com

Ocean carriers Dafei Shipping and Hapg-Lloyd have joined the Mediterranean Shipping Company (MSC) in an attempt to boost container freight rates for trade linking India and North America through a General Rate Increase (GRI) that will take effect later t

Forwardernet.com: Zim cancels U. S.-China expedited service as the epidemic market recedes

2023-03-07

ZIM, China-US Service, Vietnam, Forwardernet.com

Zim Integrated Shipping Services is gradually reducing expedited trans-Pacific service from China to the U.S. West Coast after just two years, while increasing capacity for new services connecting the growing Southeast Asian market and the U.S. East Coas

Forwardernet.com: Top 25 U.S. Vehicle Transportation Companies in 2022

2023-03-06

In 2022, the United States, the top 25, vehicle transportation companies, Forwardernet.com

According to the annual ranking of the top 25 truck operators in the United States compiled by Business Daily, acquisitions, higher contract rates and freight volume, and strong demand for dedicated services,

Forwardernet.com: U.S. Department of Transportation Offers $120000 to Develop Maritime Transportation Projects

2023-03-06

United States, Department of Transportation, $120000, Ocean Plan, Forwardernet.com

The U.S. Department of Transportation will allocate $124000 million for projects to improve U.S. maritime highways to help expand port carrying capacity and improve the flow of goods.

Forwardernet.com: Ocean Alliance or Domino Falling After 2M Alliance

2023-03-03

Ocean Alliance, 2M Alliance, Forwardernet.com

Sea carriers face a market similar to that during the 2008 - 09 financial crisis, when the massive build-up of ship capacity met with weak demand.

Forwardernet.com: Star and Vietnam Haian Transportation and Shipping Joint Venture to Improve National Route Service

2023-03-02

Vietnam, Yixing, Haian Transportation, Joint Venture, Forwardernet.com

The Asian subsidiary of Israel's Zim Integrated Shipping Service Company has established a joint venture with Vietnam and Haian Transportation and Handling (HATS) to strengthen its shipping links with Star Shipping Company.

Freight Forwards' Forwardernet.com: Hapo-Lot Signs LNG Agreement to Provide New Power for Fleet

2023-02-28

Hab Lot, LNG, New Power, Forwardernet.com

Hapg-Lloth has signed a multi-year liquefied natural gas (LNG) supply agreement with Shell to power 12 vessels of 23,500 TEU capacity on the company's order.

Forwardernet.com: Shipping Companies Try to Readjust Transport Power After India-US Trade Rate Hike

2023-02-27

India, USA, Trade, Shipping Company, Forwardernet.com

Container shipping companies have resumed their efforts-albeit on a modest scale-to shore up freight rates for Indo-US trade as they try to rebalance supply with current demand conditions.

Forwardernet.com: U.S. Truck Tonnage Better than Expected in January

2023-02-24

January, USA, Truck, Forwardernet.com

According to the latest data from the American Trucking Association (ATA), U.S. rental truck tonnage is declining month by month, but it is still higher than expected in the freight recession.