FREIGHT NEWS

California congestion worsens: 49 cargo vessels outside LB/LA port complex
California congestion worsens: 49 cargo vessels outside LB/LA port complex

Current port delays on the US West Coast are contributing to the extraordinary lack of available vessel capacity that we are currently seeing globally, which is putting immense pressure on ever-tightening rates, according to VesselsValue, a shipping online valuation and data provider.

CMA CGM’s last rate increases before cessation announcement
CMA CGM’s last rate increases before cessation announcement

The French shipping company CMA CGM has announced several freight rate changes, before its decision to suspend all spot rate increases until 1 February.

MSC launches new shuttle Transpacific services
MSC launches new shuttle Transpacific services

MSC has announced two new weekly shuttles, connecting south and central China with Long Beach, aiming to face the continued strong Transpacific market demand and to further support the challenging service schedules for North America West Coast.

Hapag Lloyd offers electronic Bills of Lading worldwide
Hapag Lloyd offers electronic Bills of Lading worldwide

The German shipping company Hapag Lloyd has announced the collaboration with WAVE BL in order to provide its customers worldwide with electronic Bills of Lading (B/L).

CMA CGM halts all spot rate increases until 1 February
CMA CGM halts all spot rate increases until 1 February

CMA CGM Group has decided to put any further increases in spot freight rates on hold for all services operated under its brands, CMA CGM, CNC, Containerships, Mercosul, ANL and APL.

Hapag Lloyd announces general rate increases from Mexico
Hapag Lloyd announces general rate increases from Mexico

The German carrier Hapag Lloyd will impose fresh General Rate Increases (GRI), which will start in the next month, for sailings from Mexico to several American ports.

CMA CGM raises prices in Europe, Med and Africa
CMA CGM raises prices in Europe, Med and Africa

The French shipping line CMA CGM has published a series of freight rate increases for shipments in Europe, the Mediterranean and Africa, which will be applicable from September and October.

New transatlantic surcharge 'another nail in the coffin for exporters'
New transatlantic surcharge 'another nail in the coffin for exporters'

MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October.


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