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Major lines push up Asia rates

Senior shipping companies have increased their charges in Asia, effective from the upcoming September. CMA CGM has announced a general rate restoration (GRR) from some...

India delays implementation of SCMTR rules

Implementation of the India Sea Cargo Manifest and Transhipment Regulations (SCMTR), will now be delayed until 30 September 2020 according to a statement issued...

HL revises Italian detention charges and adds ship to S. America service

In a revision of its US East Coast to South America service German carrier Hapag-Lloyd will add a vessel, Northern Majestic, to the service...

Chinese factories see September orders slow

Surveys conducted by US based freight forwarders are showing that factories in China could be experiencing a slow in orders that will hit the...

Austrian forwarder acquires Ipsen’s global outlook

Fresh from the launch of its new home delivery service, Gebrüder Weiss has announced the acquisition of German maritime and air freight forwarder Ipsen...

Over aggressive capacity cuts, but rates still rising

Service demand has increased, 7.2% year-on-year on the Transpacific trade routes, but the reinstatement of capacity into the trade is less about demand and...

Digital platform aims to assist SME’s

In an effort to aid small and medium sized companies to control their own supply chains Maersk has announced the launch of a new...

DP World takes stake in Unico Logistics

DP World, the Dubai-based port operator, is stepping up its vertical integration in the supply chain, with the planned purchase of a 60% stake...

Austrian forwarder develops its home delivery services

Rapid and profound changes into consumer behaviour has led Austria-based freight forwarder Gebrüder Weiss to provide alternative delivery systems as the business to consumer...

Hapag-Lloyd is still pushing Asia rates upwards

Hapag-Lloyd has announced new general rate increases (GRI) from East Asia to Australia, the US and Canada for all dry, reefer, non-operating reefer, tank,...

Hapag-Lloyd pushes up Asia prices from August

Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ containers, including high cube, standard and reefer containers on...

Uncertain cargo volumes, but lines are pushing rates higher

Only uncertainty is certain at this time. Economic theory while not completely useless, may have to be remodelled at the very least. Not that...

Latest Posts

NWSA drive nearly $55 billion in economic activity

A new economic impact report confirms that the Northwest Seaport Alliance (NWSA), the Port of Seattle, and the Port of Tacoma remain vital engines...

FBX slides as container rates cool across key trade lanes

The latest figures from the Freightos Baltic Index (FBX) show a significant drop in global container freight rates, with the composite index falling 19.7%...

LOGISTEED launches off-site PPA electricity procurement

LOGISTEED, has announced the rollout of a new off-site Power Purchase Agreement (PPA) program to supply renewable electricity to logistics centers operated by its...

GEODIS marks key milestone in the floating offshore wind market

GEODIS has completed a major milestone in the floating offshore wind sector, coordinating the transport and float-off of three 2,500-ton substructures as part of...

T. Parker Host acquires Transmarine

T. Parker Host has acquired Transmarine Navigation Corporation, expanding its reach to become the largest independent tramp ship agency in the country. The acquisition...
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