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Industry news

• Freight rates continued to fall, with the US West Route plummeting 23%

  Time: 2022-09-06 | Publisher: Kevin

  

  Affected by weak global demand and sluggish economic prospects, the freight rates of major routes in the market have continued to decline.The latest Shanghai container freight index (SCFI) was 2847.62 points, down 306.64 points from the previous period,The drop was 9.7%, the largest weekly drop since the epidemic, and it has falle...
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• Dockers in Liverpool port, England set strike time

  Time: 2022-09-05 | Publisher: Kevin

  

  It is understood that the unite the Union has confirmed that more than 560 dockers at Liverpool port, the second largest container terminal in the UK, will strike from September 19 to October 3.The specific time is from 6:00 a.m. on Monday, September 19 to 6:00 a.m. on Monday, October 3.Liverpool port is the second largest co...
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• The 2nd President Could Summit concluded Successfully Aug. 31, 2022

  Time: 2022-09-05 | Publisher: Kevin

  

  On August 31, 2022 (Beijing time), the second International Logistics Industry President  Cloud Summit -- European Station special session was successfully concluded by GLA Global Logistics Alliance.  This symposium speakers came from China, Germany, France, Portugal, Spain, Turkey, Belarus, Georgi...
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• The number of container ships waiting outside the LA / LB port is extremely decreasing

  Time: 2022-09-02 | Publisher: Kevin

  

  The epidemic has been going on for more than two years. Affected by this, LA / LB port in the United States was paralyzed by the shopping boom of consumers.At present, the number of container ships waiting to berth at these two ports has dropped to the normal level at the beginning of the epidemic.According to the data on the of...
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• Demand has slowed down, and congestion in major European ports has eased

  Time: 2022-09-01 | Publisher: Kevin

  

  It is reported that due to the full warehouse in the European continent and the deterioration of consumer demand, more and more stores of shippers have stored excess inventory, and European shippers are postponing or canceling import orders.The purchasing managers' index (PMI) of the euro zone released by S & P global in ...
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• Maersk officially withdrew from Russian container terminal business

  Time: 2022-08-31 | Publisher: Kevin

  

  Recently, Maersk announced that it had reached an agreement with its partners and recovered all its investment in the business five months after it withdrew from the operation of the largest container terminal in Russia.It is understood that Maersk said it would sell its equity in global ports investments, the largest container termi...
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• Due to congestion and shortage of transport capacity, the surcharges of this service in inland Europe has skyrocketed

  Time: 2022-08-30 | Publisher: Kevin

  

  Barge surcharges in Europe surged by 150% due to congestion in inland areas and competition between container transport demand and coal demand after Russia decided to cut gas supply.Contargo, the main barge operator in Europe, announced that from September 1, the emergency surcharge for each full or empty container will be increased...
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• The cargo volume of container shipping market dropped, and the excess demand almost disappeared

  Time: 2022-08-29 | Publisher: Kevin

  

  The container shipping industry is full of uncertainty. This year, the traffic volume in the second half of the year may be lower than that in the first half of the year. Peter sand, chief analyst of Xeneta, said that the characteristics of this year's shipping peak season are not obvious.According to the latest data, this year&#...
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