FREIGHT NEWS
02/02
2022
Finding out how much it costs to manufacture a product and deliver it to the customer helps a business fix a price for the product. It also takes into account a reasonable profit margin over the total costs.
24/01
2022
Yantian International Container Terminal (YICT) in China’s Shenzhen Port is taking in export-bound containers with an estimated berthing time of four days, as containers are accumulating in its yard as a result of disrupted shipping schedules.
19/01
2022
Despite a number of cases on imposition of integrated goods and services tax (IGST) on ocean freight in case of imports remained pending in various courts, Indian taxmen have started a fresh push to realise such tax, prompting hue and cry by shippers.
19/01
2022
Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates continues to spill over in 2022.
18/01
2022
After four months of pausing increases in freight rates, CMA CGM has now announced fresh push-ups take will take effect on 15 February and will be applied in shipments to and from the East Coast of South America.
10/01
2022
Ningbo-Zhoushan, China’s second busiest container port is still open for business as the country battles another wave of Covid-19 infections, but the drive to keep out the disease has slowed trucking logistics.
07/01
2022
Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rate increases that will be applied from Oceania to Europe.
24/12
2021
Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did manage some valuable face-to-face networking. So here’s hoping we can finally kick this nasty virus into touch in 2022!