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Industry news

• 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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• The average D&D cost of containers worldwide has decreased, except for the United States

  Time: 2022-07-07 | Publisher: Kevin

  

  Port congestion is one of the most heard words in the shipping market in the past two years. Although the congestion of global ports has eased some time ago, the congestion of major ports in the world has begun to become increasingly serious.A large number of containers are piled up in the port, which will also lead to demurrage and de...
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• Port congestion is spreading all over the world, and the reliability of shipping schedule is still low

  Time: 2022-07-06 | Publisher: Kevin

  

  As the peak season approaches, the transportation capacity of the shipping market begins to be tense. The main reason is the global port congestion.According to the Clarkson container port congestion index, as of June 30, nearly 36.2% of the world's container ships stayed in or outside ports.The data added that the congestion si...
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• The contract between the dock workers on the west coast of the United States and their employer expired, and the contract could not be extended

  Time: 2022-07-05 | Publisher: Kevin

  

  The recent shipping market is not as prosperous as the previous two years. Port congestion and the upsurge of strikes have made the port problem more and more serious.In the United States, labor negotiations in the west coast port of the United States are still the focus of continuous attention. The contract between the Paci...
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• Against the background of high inflation, the import demand of the United States fell sharply

  Time: 2022-07-04 | Publisher: Kevin

  

  Recently, the import demand of the United States has fallen sharply. This makes retailers have to clear unsold inventory by discounting.On the other hand, the number of shipping containers in the United States plummeted by more than 30%, hitting a record low.The reason for this bad situation is high inflation. American consumers ...
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• For the first time, the freight rate fell across the whole route. Is the third quarter a turning point?

  Time: 2022-07-01 | Publisher: Kevin

  

  At present, many countries in the world have experienced high inflation. Especially in the United States, some importers reduced their orders, so shipping prices began to fall.On June 30, British Airways consulting agency Drewry released the latest issue of the world container comprehensive freight index (WCI), which showed th...
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• The port congestion on the west coast of the United States has eased, but the inland transportation is still congested.

  Time: 2022-06-30 | Publisher: Kevin

  

  Port congestion on the west coast of the United States has been greatly reduced. It is understood that the number of container ships waiting for berths outside LA/lLB port has dropped to a new low this year, down 81% from the peak in January.However, the inland traffic of the port is still quite congested. This causes a large n...
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