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Wednesday, July 28, 2021
Tags Worldwide Logistics

Tag: Worldwide Logistics

Transpac rates hit US$17k as Ever Given effect plays out

Transpacific rates are once again flying high with eastbound volumes hitting the stratosphere with a US$17,000/FEU rate hitting the top rate for this week. Rates...

Surge in volumes set to continue says NRF

Industry expectations are that the surge in volumes from Asia to Europe will continue into the third quarter with delays in the US and...

Freight rates fall but congestion in Southern California is maintained

At least 35 to 40 ships were at anchor off the US West Coast this week as the congestion at ports continues in the...

A week on the US West Coast during the Covid pandemonium

As the pandemic has progressed through 2020 we have seen the ups and downs of economic activity and the struggles of an industry to...

US online sales continue to climb

Retail sales figures in the United States showed no signs of abating as the National Retail Federation (NRF) reported increases in retail generally and...

Driver shortages in China expected to further hit exports

In the sixth week of the year, the evolving situation in Asia and the United States (US) has seen an increase in demand, pre-Chinese...

Thirty-five-day Lunar NY set in motion

Staff from factories and truck drivers in China have ignored incentives to work through the Chinese New Year and have headed home for the...

US drayage costs more than double as ocean rates spiral ever upwards

Rising costs in the US market have continued apace as the latest news reports suggest the cost of trucking has more than doubled, from...

Spot rates hit unprecedented highs from Asia to Europe

Spiking freight rates have surged by 25% on the Asia to North Europe and the Mediterranean over the last week and now stand at...

Container shipping on the Pacific ‘slides’ into New Year with new challenges

Ocean Network Express (ONE) brings some welcome news with the first signs that the challenges faced by logisticians are being overcome with eh announcement...
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Hapag-Lloyd to boost its box capacity with 130,000TEU

The German liner operator, Hapag-Lloyd is in ongoing discussions for the acquisition of 10 container ships with 13,000TEU capacity each, enhancing further its total...

BIFA sees no end in container line surcharges

The British International Freight Association (BIFA), the trade association that represents UK freight forwarding and logistics companies, has been monitoring conditions in the global...

Transnet gradually returns to normal activities

Navis customer links have returned to normal and are now fully operational in all container terminals of the Transnet network as of 27 July,...

Hapag-Lloyd sets new charges from Asia

Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports. Firstly, the German carrier will impose a...