FREIGHT NEWS
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.
24/06
2021
North American exporters are having a hard time scheduling ocean transportation to the Far East. Industry experts indicate that shipping lines are thriving with huge Asian cargo volumes bound for the U.S. West Coast. Unfortunately, North American export trade is secondary and is often a step-child for ocean cargo services.
21/06
2021
Evergreen Marine Corporation is piloting the usage of Internet of Things (IoT) technology with Kaohsiung Port's customs officials.
21/06
2021
The global Covid-19 crisis has highlighted the importance of refrigerated container logistics to keep vital supplies of food and medicines, including vaccines, flowing around the world as nations locked down.