NEWS
07/07
2021
CMA CGM has announced several peak season surcharges (PSS) from India and Pakistan to Latin America, effective from late June and July.
04/07
2021
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.
02/07
2021
While facing difficulties due to the impact of the Covid-19 pandemic, import-export and logistics businesses are worried international freight rates will continue to increase.
29/06
2021
The Port of Long Beach was founded 110 years ago today – June 24, 1911. According to the port’s website, it was “a wild dream scratched out of 800 acres of mudflats at the mouth of the Los Angeles River.”
29/06
2021
Today, Port of Antwerp CEO Jacques Vandermeiren met up with European Internal Market and Industry Commissioner Thierry Breton at the Port of Antwerp to discuss the Port’s role as a strategic transport, energy, and industrial hub in Europe.
24/06
2021
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 the Port of Oakland in the United States.
24/06
2021
Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even so, there’s something to be said for shipowners taking a few chips off the table — and some are. To quote American financier Bernard Baruch: “I made my money by selling too soon.”
24/06
2021
Hapag-Lloyd has announced a new peak season surcharge (PSS) from East Asia ports to North American destinations.