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Thursday, June 24, 2021
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Tag: Flexport

Gridlock approaches as US terminal congestion moves inland

There are signs of a reduction in the backlog of ships waiting to get into major US ports, but chronic congestion is moving inland,...

Trade lane competition set to feature in 2021

Shippers should prepare themselves for greater competition between trade lanes in 2021, as global carriers capitalise on having the upper hand in upcoming contract...

Shippers on the back foot with contract negotiations looming

Shippers facing the most “volatile” trading conditions in the history of container shipping have been warned to prepare for an “expensive world” of ocean...

Pacific shippers pray for softening rates

Shippers feeling the anxieties from unprecedented trading conditions are hopeful that the flattening spot rate curve after Chinese ministry of transport and the US...

Record-breaking Asia-ECSA rates top dizzying USWC charges

Unprecedented spot rates approaching US$4,000/FEU moving from Shanghai to Brazil’s principal port Santos have surpassed the cost of shipping the same box from Asia...
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COSCO and JinkoSolar ink cooperation deal

China’s JinkoSolar, the world’s largest manufacturer of photovoltaic solar panels, has signed a framework agreement with COSCO Shipping Lines (COSCON) for maritime cargo transportation...

Fremantle port workers to strike for 24 hours

Fremantle Inner Harbour workers will undertake 24 hours of legally protected industrial action from 10 am (local time) on 25 June, preventing vessels from...

SC Ports approves FY22 plan to improve terminal and IT infrastructure

South Carolina Ports Authority’s Board of Directors has unanimously adopted a financial plan for fiscal year 2022. The plan projects that SC Ports will handle...

CMA CGM applies congestion surcharge in Oakland

French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to...