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FREIGHT NEWS

Hapag-Lloyd’s H1 profit increases almost tenfold — Hapag-Lloyd’s H1 profit increases almost tenfold

12/08
2021

Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according to the company's CEO, Rolf Habben Jansen.

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Maersk announces congestion fees worldwide — Maersk announces congestion fees worldwide

12/08
2021

The Danish liner operator Maersk has confirmed the implementation of congestion surcharges in several ports across the world.

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Threat to peak season extra loader services as desperate carriers hunt tonnage — Threat to peak season extra loader services as desperate carriers hunt tonnage

11/08
2021

Ocean carriers are said to be “scraping the barrel” to find enough container tonnage for their extra loaders from Asia.

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US shippers back change in shipping law as transpac rates look set to breach $20k — US shippers back change in shipping law as transpac rates look set to breach $20k

11/08
2021

Ocean carriers may hold sway with the supply and demand pendulum swung firmly in their favour, but their customers are looking ahead to prevent another series of events bringing unprecedented rate inflation.

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Shanghai Port opens dispatching centre to prioritise empty containers — Shanghai Port opens dispatching centre to prioritise empty containers

11/08
2021

Shanghai International Port Group (SIPG) and several mainline operators have launched a centre to co-ordinate the transport of empty containers from Shanghai port.

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Hapag-Lloyd pushes up prices in Latin America — Hapag-Lloyd pushes up prices in Latin America

11/08
2021

Hapag-Lloyd has announced new rates from East Asia and Canada to destinations in Latin America.

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Hapag-Lloyd restructures Conosur service — Hapag-Lloyd restructures Conosur service

11/08
2021

Hapag-Lloyd has announced changes in its Conosur (CON) service, which links the East and West Coast of South America.

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Maersk announces schedule updates worldwide — Maersk announces schedule updates worldwide

11/08
2021

Maersk Line has announced several changes to its services globally, such as blanks sailings, port omissions and route adjustments.

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FROM 5/5/2025: VIETNAMESE FIRM MUST USE eCoSys, VCCI TO CEASE C/O INSUANCE — FROM 5/5/2025: VIETNAMESE FIRM MUST USE eCoSys, VCCI TO CEASE C/O INSUANCE

24/04
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On April 21, 2025, the Ministry of Industry and Trade issued Decision No. 1103/QĐ-BCT, officially revoking the authority of the Vietnam Chamber of Commerce and Industry (VCCI) to issue Certificates of Origin (C/O), Certificates of Non-Manipulation (CNM), and to receive REX number registration applications.

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U.S TEMPORARILY SUSPENDS RETALIATORY TARIFFS FOR 90 DAYS ON 75 COUNTRIES — U.S TEMPORARILY SUSPENDS RETALIATORY TARIFFS FOR 90 DAYS ON 75 COUNTRIES

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As of April 9, 2025, the United States began enforcing retaliatory tariffs between 11% and 84% on imports from several countries, in response to the tariff rates those nations had levied on American goods.

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[OFFICIAL] U.S. Imposes Sweeping New Tariffs: 104% on China, 46% on Vietnam — [OFFICIAL] U.S. Imposes Sweeping New Tariffs: 104% on China, 46% on Vietnam

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On April 9, 2025, the U.S. imposed new tariffs on multiple countries, including 104% on China and 46% on Vietnam, aiming to reduce its trade deficit. The tariffs hit key Vietnamese exports like textiles, electronics, and seafood, while some goods like steel and pharmaceuticals were exempt.

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Bringing Hope and Encouragement — Bringing Hope and Encouragement

25/03
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Life is a journey filled with challenges, and for many, these difficulties come in the form of illness. Each day, countless individuals face physical and emotional hardships while undergoing treatment. Understanding the importance of both material and emotional support, T&T Global Agency took the initiative to organize a special charity visit to Oncology Hospital 2 - Facility 2 on Friday, March 14, 2025.

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WE ARE PROUD TO JOIN THE JCTRANS NETWORK — WE ARE PROUD TO JOIN THE JCTRANS NETWORK

26/02
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T&T Global Agency is honored to become a new member of JCtrans. We are excited about this partnership, which will help us expand the logistics market between Vietnam and China. Through this collaboration, T&T aims to enhance its transportation services between the two countries with a more professional process, competitive pricing, and faster delivery times.

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DO YOU KNOW: HOW WILL THE NEW 2025 TRAFFIC LAW AFFECT THE LOGISTICS INDUSTRY IN VIETNAM? — DO YOU KNOW: HOW WILL THE NEW 2025 TRAFFIC LAW AFFECT THE LOGISTICS INDUSTRY IN VIETNAM?

24/02
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The new traffic law, effective from January 1, 2025, includes regulations on traffic safety, emission standards, and driving hour limits for transportation and logistics businesses in Vietnam.

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THE YEAR-END PARTY 2024: GRATEFULNESS — THE YEAR-END PARTY 2024: GRATEFULNESS

07/01
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T&T held a party to honor the dedication of all members of the company with a year-end party at Binh Quoi quarantine area on January 4, 2025. In a joyful and warm atmosphere, everyone was moved and emotional when looking back at the memories and successes achieved in the past year 2024.

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CIF Cost, Insurance and Freight

“Cost, Insurance and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. The seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination. ‘The seller also contracts for insurance cover against the buyer’s risk of loss of or damage to the goods during the carriage. The buyer should note that under CIF the seller is required to obtain insurance only on minimum cover. Should the buyer wish to have more insurance protection, it will need either to agree as much expressly with the seller or to make its own extra insurance arrangements.”

CFR Cost and Freight

“Cost and Freight” means that the seller delivers the goods on board the vessel or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel. the seller must contract for and pay the costs and freight necessary to bring the goods to the named port of destination.

FOB Free On Board

“Free On Board” means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. The risk of loss of or damage to the goods passes when the goods are on board the vessel, and the buyer bears all costs from that moment on wards.

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