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  • The new long-term contract will push the freight rate to a new height

    Time: 2022-02-15 | Publisher: Kevin

    The freight rate price in 2022 is still at a high level, which is largely caused by the epidemic. This allows the shipping company to see the hope of huge profits.Now some shippers say that the shipping company has a negotiating advantage in the long-term contract signed with it. This contract will determine the fees to be paid by the...

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  • Welcome! Membership Renewal From KUWAIT, UGANDA, UAE—— Fusion Shopping Group (Include 5 companies)

    Time: 2022-02-15 | Publisher: Kevin

    It is our great honor to share that Fusion shopping Group has renewed GLA family as our golden member from KUWAIT, UGANDA, UAE.【Already Purchased Financial Protection 2021-2023】. About Fusion Shipping & Logistics Co. W.L.L(KUWAIT)From its inception in January 2010 Fusion Shipping Gr...

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  • Port congestion, the decline of scheduled shift rate and the crisis of strike, will the freight rate rise again?

    Time: 2022-02-14 | Publisher: Kevin

    With the end of the Chinese Spring Festival, many factories began to work one after another. However, the congestion of the port has not been alleviated due to the previous holidays.Some experts pointed out that as many factories have begun to work, shipments may start to rise at the end of February, and the shipping industry will ...

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  • Port congestion may affect the increase of US trade deficit

    Time: 2022-02-11 | Publisher: Kevin

    Port congestion has lasted for some time, which is a huge blow to the shipping industry. The digital supply chain platform project44 shows that all fields are experiencing continuous turbulence.It is clear that continued port congestion will lead to shipping delays. Not only that, it will also bring more negative effects to Global tr...

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  • At the end of the Spring Festival, will the freight rate continue to return to a high level?

    Time: 2022-02-10 | Publisher: Kevin

    The continuous high growth of sea freight makes shippers and freight forwarders suffer. Although the freight rate decreased in early 2022, the problem of port congestion has not been solved, and the freight rate will rise sooner or later.According to the latest data, after the Chinese traditional festival Spring Festival, the sea fr...

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  • A pilot in Kaohsiung, Taiwan, infected with COVID-19, will the port be closed?

    Time: 2022-02-09 | Publisher: Kevin

    The time has come to 2022, and the impact of the epidemic on the world continues. In the shipping industry, the impact is huge, because the crew infection leads to shipping delays from time to time.Just recently, a port pilot in Kaohsiung port, Taiwan was diagnosed with covid-19, and the source of the infection is unknown. According...

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  • Maersk's ship ran aground and the ship schedule may be delayed

    Time: 2022-02-08 | Publisher: Kevin

    Affected by the epidemic, the global maritime supply chain has also suffered a great blow. On February 2, 2022, a large container ship full of goods under Maersk had an accident.It is understood that the container ship named "Mumbai Maersk" deviated from the track on the way from Rotterdam, the Netherlands to Bremen, G...

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  • Costco, a global retail giant, has teamed up with shipping companies

    Time: 2022-02-07 | Publisher: Kevin

    Recently, the global shipping market is still tense, with insufficient transport capacity, port congestion and shipping schedule delays occurring frequently. Nowadays, many shippers (especially retailers) are considering chartering to solve the problem of transportation difficulties.Just recently, Costco, a retail giant in the United...

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