News

The latest capacity list is released! Mediterranean ranked first, followed by Maersk Release on2023-05-09: According to the data released by Alphaliner, as of May 8, the total number of container ships in operation worldwide reached 6,597, an increase of 73 ships compared with two months ago; the total global shipping capacity was 26,895,441 TEU, an increase of 342,979 TEU; the total tonnage of operating ships was 321,751,754 deadweight tons....

Timeliness control, 90% of peers in international logistics cannot do it Release on2023-05-09: Mr. Zhang's company is a Chinese company that produces high-end electronic products. They need to ship an important shipment from China to the United States to meet the needs of customers. Since the timeliness of the goods is very important, they chose an international logistics company for delivery. However, because the previous international logistics company could not guarantee the timeliness, the goods were delayed and failed to reach the customer on time, and the company lost about US$50,000. This experience made Mr. Zhang deeply realize the importance of timeliness in international logistics business, and he began to look for an international logistics company that can guarantee timeliness....

The export container transportation market is stable, and the freight rates of most routes have fallen Release on2023-05-06: According to the "Weekly Report on China's Export Container Transportation Market" released by the Shanghai Shipping Exchange on April 29, the overall market of China's export container transportation market was basically stable this week, and there was no obvious shipment before the "May 1st" holiday. During the peak period, the freight rates of most routes showed a downward trend, dragging down the composite index....

Fees keep going up? The shipping company charges additional surcharges and fuel charges again Release on2023-05-06: Previously, CMA CGM imposed an overweight surcharge (OWS), and later there was an HMM surcharge (GRI)....

Shipping orders collapsed in April! When will the US economy rebound? Release on2023-05-04: The transportation industry has always been regarded as an important barometer of the US economy. However, several transportation companies, including airlines and highways, have recently released significantly lower than expected financial reports, indicating a risk of cooling consumer demand....

Labor creates the future, the May 1 Labor Day holiday notice is here! Release on2023-04-28: Notice of Labor Day Holiday Arrangement...

Just need! Summary of Relevant Documentation Regulations in East Asia and West Asia Release on2023-04-28: The ocean bill of lading is the most important document in international maritime cargo transportation and an important document in international trade. It is known as the cornerstone of international trade and international shipping....

The freight rate has doubled to six times! Evergreen and Yangming raised GRI twice within a month Release on2023-04-25: Evergreen and Yang Ming recently issued another notice: starting from May 1, GRI will be added to the Far East-North America route, and the freight rate is expected to increase by 60%....

Customs clearance delay! Largest strike in Canada's history, government services slow down Release on2023-04-24: On the morning of April 19, local time, about 100,000 federal government employees across Canada went on strike. The 155,000-member union of Canadian public servants failed to reach a pay deal with the federal government by Tuesday's deadline, sparking one of the largest strikes in Canadian history. The Canadian government has issued an announcement recently that managers will issue written notices to employees in some essential service positions, telling them their roles and responsibilities in the event of a strike....

The market trend is not yet clear, how can the increase in freight rates in May be a foregone conclusion? Release on2023-04-24: Since the second half of last year, sea freight has entered a downward range. Does the current rebound in freight rates mean that the recovery of the shipping industry can be expected?...

Freight rates have risen for three consecutive weeks. Is the container market really ushering in spring? Release on2023-04-23: The container shipping market, which has been falling all the way since last year, seems to have shown a significant improvement in March this year. In the past three weeks, container freight rates have risen continuously, and the Shanghai Export Containerized Freight Index (SCFI) has returned to the thousand-point mark after 10 weeks, and it has set the largest weekly increase in two years....

Biden: Extend it again! Vessels related to Russia are prohibited from calling at U.S. ports or entering U.S. shores Release on2023-04-23: U.S. President Joe Biden announced last April: "No vessel sailing under the Russian flag, or owned or operated by a Russian interest, will be permitted to call at U.S. ports or enter U.S. shores."...

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