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Industry news

• Reduced freight demand? The freight rate may decrease in the peak season in the second half of the year

  Time: 2022-06-27 | Publisher: Kevin

  

  At present, the inflation in the United States remains high. However, due to the concern about the rising inventory level in recent months, some U.S. importers have reduced their commodity orders, so the shipping price has begun to decline.According to the freightos Baltic index, the freight price from China to the west coast of ...
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• Freight demand slows down, and Maersk expects the container freight rate to decline in the second half of the year

  Time: 2022-06-24 | Publisher: Kevin

  

  At present, global inflation, rising interest rates and economic uncertainty are weakening consumer confidence. For the supply chain, the fall in consumer demand comes at a bad time.Soren Skou, CEO of Maersk, a shipping giant, said: "from the current situation, the manufacturing industry has not returned to Europe and the U...
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• The strike wave swept Europe, and the container yard in Rotterdam port was full.

  Time: 2022-06-23 | Publisher: Kevin

  

  This summer, strikes occurred frequently all over the world. After the northern European ports and the South Korean truck drivers, the UK also broke out the largest railway strike in 30 years.According to foreign media reports, the British workers' Union warned that a railway strike lasting for several days is causing seriou...
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• Freight rates fell and shipping companies adjusted their voyages. Container freight rate is expected to decline in the second half of the year

  Time: 2022-06-22 | Publisher: Kevin

  

  Recently, some American media said that the import demand of the United States was declining sharply, which caused quite a stir in the industry.(Relevant reading: U.S. import demand will fully. is this a sign that the market is slowing down?)The transport capacity base of European routes is large, and some liner companies have to...
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• U.S. import demand fell suddenly. Is this a sign that the market is slowing down?

  Time: 2022-06-21 | Publisher: Kevin

  

  Since the outbreak of the disease, the popularity of the shipping market has not decreased. The higher demand for goods once made the transportation capacity of this maritime market tight. However, some experts worry that there will be excess capacity.Recently, some American media said that the import demand of the United States wa...
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• Another freight forwarder has set up a shipping company to provide multiple route services ，easing the shortage of transportation capacity

  Time: 2022-06-20 | Publisher: Kevin

  

  Now the peak shipping season is gradually approaching, and it is inevitable that the shipping market will be short of transportation capacity.In order to alleviate the shipping difficulties, many retailers and freight forwarders began to transport their own goods.Just recently, a British freight forwarder named allseas global logistic...
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• South Korean truck drivers' strike stopped and resumed work, while Antwerp Port went on strike

  Time: 2022-06-17 | Publisher: Kevin

  

  Last week, South Korean truck drivers went on strike because they did not reach an agreement with the government on the issue of wages, which led to the paralysis of freight transport at South Korea's main ports.(Related reading: The negotiation broke down and the strike of Korean port workers continued to ferment)After an ei...
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• The United States has finally passed the OSRA, and the regulation of the shipping industry will usher in major reforms

  Time: 2022-06-16 | Publisher: Kevin

  

  Nowadays, inflation in the United States has been very serious. President Biden attributed this situation to the phenomenon of arbitrary charges by shipping companies. He called on Congress to pass legislation to reduce transportation costs.(Related reading: US President Biden blasted inflation on shipping companies and called...
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