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Industry news

• The shipper wanted to modify the long-term contract, but the shipping company refused

  Time: 2022-07-19 | Publisher: Kevin

  

  Obviously, freight forwarders and shippers are most concerned about the direction of freight. Due to the impact of port congestion and strikes, freight rates on many routes around the world have fallen significantly recently..Most importantly, the spot freight rate fell below the long-term freight rate. Many customers who had signed l...
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• The exchange rate of the euro against the US dollar fell to 1:1, and the goods exported to Europe will be affected.

  Time: 2022-07-18 | Publisher: Kevin

  

  At present, the global shipping industry is not as popular as it was two years ago, and the dock workers' strike adds an uncertain factor to port congestion. On the other hand, some strange phenomena have also appeared in the global economy.Recently, the exchange rate of the euro continued to fall. As of the 15th local time, the p...
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• The negotiation broke down! A wave of strikes swept Europe and the United States

  Time: 2022-07-15 | Publisher: Kevin

  

  Recently, the strike tide has become more and more intense, and many countries around the world are facing the crisis of workers' strikes. In particular, port strikes occur frequently, which is undoubtedly a huge obstacle to the normal operation of the port.It is understood that due to the impasse in the labor contract negotiation ...
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• The port congestion in Vancouver, Canada has worsened and ships have been seriously delayed

  Time: 2022-07-14 | Publisher: Kevin

  

  At present, it is the traditional peak season of shipping. Although this year's peak season is not as strong as expected, the demand for shipping is still strong. Major ports around the world are also busy, and many ports are still in congestion.Recently, a shipping company said that the congestion of Vancouver Port in Canada i...
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• North American port congestion intensifies, and the congestion shifts from the west coast to the east coast

  Time: 2022-07-13 | Publisher: Kevin

  

  Today's global shipping market is not as hot as it was in the previous two years. Freight rates have fallen sharply, and transportation capacity has also been strained. However, port congestion is increasing.It is understood that the sea area around the U.S. port is full of container ships full of goods. Originally, the center ...
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• Sri Lanka has declared bankruptcy, and there are hidden dangers in its port operations

  Time: 2022-07-12 | Publisher: Kevin

  

  Recently, Sri Lanka has been deeply affected by the economic crisis. Since the last local announcement of a public emergency, the local situation has deteriorated again.It is understood that last week, Sri Lanka's president tabaya Rajapaksa announced that he would resign as president on the 13th. At the same time, Sri Lanka...
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• Truck drivers in Indian ports held a wide-ranging strike, causing serious delays in inland transportation

  Time: 2022-07-11 | Publisher: Kevin

  

  Some time ago, strikes occurred in several European ports. As a result, the operation of large ports such as Hamburg Port and Rotterdam port was interrupted.However, strikes also exist in Asia now.It is understood that truck drivers in the Indian port will go on strike on July 4. This makes cargo owners, freight forwarders and...
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• 2% of the world's transportation capacity is trapped in Europe, and European trade may be affected

  Time: 2022-07-08 | Publisher: Kevin

  

  Last month, port congestion became very serious in Europe. In particular, Rotterdam port, the largest port in Europe, has a large number of empty containers piled up on the wharf, which makes many industry insiders worried.Recently, Kiel, a German Economic Research Institute, released the latest announcement, revealing the hist...
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