The looming peak season for airfreight, which should roar to life after the hiatus of the Golden Week holiday in China, looks set to limp along, more or less at the pace of recent months. Forwarders report no significant rise…
READ MORE >This year, the Mid-Autumn Festival overlaps with the National Day break, making it a longer holiday than usual and giving people a greater chance to travel. The official holiday starts on September 29, a Friday, and runs until October 6…
READ MORE >Canceled sailings by container lines are having some unforeseen consequences, as schedule unreliability has resulted in increased inventories, higher costs, and now a disruption to backhaul trades (source: SeatradeMaritime News).
READ MORE >Anticipating more containerized cargo imports and exports, the Vietnamese government announced it will invest up to $1.7bn to build more inland container depots (ICD) by 2030 (source: The Loadstar).
READ MORE >The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic (source: AJOT).
READ MORE >U.S. dockworkers ratified a six-year contract that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State (source: Reuters).
READ MORE >Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime chokepoints, with officials at the Panama Canal Authority warning that water-conserving measures will be in place for at least the…
READ MORE >Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China (source: the Loadstar).
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