Forwardernet.com: Rotterdam container volume declined due to Russian trade losses

2023-02-24

Rotterdam, container, Russia, trade, Forwardernet.com

In the fourth quarter of 2022, the throughput of the Port of Hamburg plunged 12 percent year-on-year, and the container throughput of Rotterdam, Europe's largest box port, fell 5.5 percent last year.

Forwardernet.com: Vancouver Expands Centerm Terminal to Increase Capacity

2023-02-23

Vancouver, port, capacity. Forwardernet.com

As the busiest hub port in Canada, the Port of Vancouver is also the third largest port on the North American route, with an annual cargo throughput of more than 7000 million tons.

Forwardernet.com: unaffected by the economic slowdown, after the interest rate hike in 2022 U.S. LTL revenue hit a record high

2023-02-22

U. S., interest rate hike, LTL, economic slowdown, Forwardernet.com

U.S. less-than-truckload (LTL) carrier revenue surged for the second year in a row in 2022, rising 15.8 percent to a record $5.8 billion, according to data released Tuesday by SJ Consulting Group.

Forwardernet.com: Tampa plans to build a transshipment facility near the port to serve the Port of New Orleans

2023-02-22

Tampa, Port Construction, Port of New Orleans, Forwarder Network

The Port of Tampa Bay has approved plans to build a 500000-square-foot transshipment facility to support a more efficient cargo flow for beneficiary cargo owners (BCOs) in one of the fastest growing states in the United States.

Forwardernet.com: This company has promised to equip the dry cargo container fleet with sensors.

2023-02-21

ONE, dry cargo container, sensor, Forwardernet.com

ONE said Monday it was working with Sony Network Communications Europe to equip the airline's global fleet of dry cargo containers with sensors, the second major airline to make such a commitment in the past year.

Forwardernet.com: New Data Doubts U.S. Freight Demand Rebound in First Half

2023-02-20

United States, new data, freight demand, rebound, Forwardernet.com

Measures such as manufacturing output and the wholesale and retail inventory-to-sales ratio of specific industries show little sign of a rapid recovery in U.S. freight traffic.

Forwardernet.com: container transport bull market slowdown, does not affect the continuation of the acquisition frenzy

2023-02-17

Container, Acquisition, Forwardernet.com

As a result of the most profitable three years in the history of container shipping, a small group of acquisition-minded shipping companies are well-funded and are increasing their land and air transport capabilities.

Forwardernet.com: Canada Plans to Offer Up to C $500000 to Invest in Digital Supply Chain Projects

2023-02-17

Canada, digital supply chain, Forwardernet.com

The agency said in a statement this week that the funding comes from Transport Canada's $0.136 billion digitization efforts, with grants focused on projects that ease bottlenecks and help ensure exporters have access to international markets.

Forwardernet.com: Asian Exports to the United States Decline Accelerated Year-on-Year in January

2023-02-16

Asia, exports, the United States, Forwardernet.com.

In January 2023, U.S. container imports ushered in a "good start" and rebounded. U.S. imports from Asia showed the first month-on-month increase since August last year.

Forwardernet.com: the container leasing market has slowed down as the marine sector has cooled.

2023-02-16

Container, leasing market, Forwardernet.com.

In 2021, global shipping demand is soaring, freight rates are high, congestion is serious, and containers used for shipping transportation have become tight, and it is difficult to find a box for a time ".

Forwardernet.com: HMM Bought Order for New Ships Fueled with Methanol for US $0.112 billion

2023-02-15

HMM, Methanol, New Ship, Forwardernet.com

Following Maersk, COSCO Shipping and Dafei, South Korean liner giant HMM has become the latest orderer of methanol-powered container ships.

Forwardernet.com Visits Shenzhen International Freight Forwarding Association

2023-02-14

Shenzhen International Freight Forwarders Association, Forwardernet.com

CEO and Marketing Director (KD) of Forwardernet.com visited Shenzhen International Freight Forwarders Association on February 10 and had friendly exchanges with Secretary General Lin of Shenzhen International Freight Forwarders Association.

Forwardernet.com: HMM warns market weakness will continue in 2023

2023-02-14

HMM,2023, weak market, Forwardernet.com

HMM is the latest airline to report a high rise in 2022 results, but warned that the "adverse market conditions" that led to the collapse of spot prices for container transportation will continue in 2023.

Freight Forwardship Network: U.S. truck loading capacity is still sufficient, although affected by the withdrawal of motor transport companies.

2023-02-14

United States, truck loading, car transport, Forwardernet.com

Vehicle capacity on U.S. highways has receded after peaking in 2022, but remains plentiful, keeping downward pressure on spot and contract prices.

Forwardernet.com: ZIM Increases Capacity Frequency for Asia-US East Coast Service

2023-02-13

ZIM, Asia-US East Coast, Service, Forwardernet.com

Zim Integrated Shipping Company will include large ships in its expedited maritime service from Southeast Asia to the East Coast of the United States next month, while also increasing the frequency of its service.

Forwardernet.com: this year or will usher in the "ankle cut", Maersk must cope with the steady decline in sales market share

2023-02-10

Maersk, Sales, Market Share, Freight Forwarders

Volume and market share can only be used as a means to achieve target profitability: for better operational and business performance.

Forwardernet.com: COSCO Group upgrades Asia-America Bay service to Panamax ships, adds new capacity

2023-02-09

COSCO Group, US Bay, ships, new capacity, Forwardernet.com.

According to the 2022 service guidelines of Ocean Shipping Alliance (COSCO's Ship Sharing Partnership), COSCO Shipping has increased its capacity as one of its Asia-US Gulf Coast services by upgrading Panamax ships to replace Panamax ships that once serv

Freight Forward.com: Spot vehicle loading rates at U.S. East Coast ports rise compared to West Coast

2023-02-08

United States, East Coast, Spot Vehicle, Forwardernet.com

In the past two years, due to the severe congestion at the ports on the west coast of the United States and the continuous strikes by the port unions, a large number of cargo owners have changed their receiving locations to the ports on the east coast of

Forwardernet.com: MSC Expands Asia-USWC to Indian Subcontinent Due to Development Needs

2023-02-07

MSC, Indian subcontinent, Forwardernet.com

MSC started connecting Sentosa in March 2021. When other large trade routes were facing capacity challenges, MSC chose to extend its Asia-US west coast connection to the Indian subcontinent, and called its weekly route Sentosa.

Freight Forwards' Network: Energy Services Expect Rapid Growth Following "Promising 2023"

2023-02-03

Forwardernet.com, 2023, Energy Services

According to a report by energy intelligence group Rystad Energy, the global market for oil and gas contractors is expected to peak at $1 2025 trillion a year and stay high for several years.