13 Apr 2022

More U.S. Locations Experiencing Congestion

The outlook on U.S. logistics is grim to say the least. Despite efforts to help ease congestion and increase workflow, the volume that ports, rails, and warehouses are dealing with is unprecedented. The infamous congestion seen at Los Angeles and Long Beach has yet to be dampened, and now the list of nearly impossible ports […]

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06 Apr 2022

Demurrage & Detention ANPRM Comments Deadline Extended

The Federal Maritime Commission (FMC) has provided an additional 30 days for public comment on the Advance Notice of Proposed Rulemaking (ANPRM) on Demurrage and Detention Billing Requirements. interested parties now have until April 16, 2022 to file comments with the Commission. The Commission initiated the ANPRM to gauge if a new rule governing demurrage and detention […]

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22 Mar 2022

Chinese port congestion worsens

Sam Chambers Splash247   Shenzhen might have got through the worst of another Covid lockdown, but the ripple effects of China’s battle with omicron are seeing ships back up along the nation’s coastline with carriers forced to change schedules to avoid growing congestion issues. Shenzhen came out of a seven-day lockdown yesterday, and while its […]

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17 Mar 2022

Equipment shortage flares up in Bangladesh amid Chinese lockdown and Russian war

Sharar Nayel container-news As an impact of the Chinese New Year linked import slowdown from China, followed by the latest Covid connected lockdown in various Chinese provinces, and the Russian invasion in Ukraine, Bangladesh’s shipping circle is facing severe equipment shortage. Ship liners fear a further spike of box shortages in the coming weeks as […]

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11 Mar 2022

Return of blanked Asia-Europe sailings as carriers bid to get back on schedule

  By Gavin van Marle THE LOADSTAR   The spectre of blank sailings may be about to return to haunt shippers and forwarders on the Asia-Europe trades, as carrier begin to cancel departures in an effort to restore schedule reliability. Japanese carrier ONE this morning told customers THE Alliance would cancel three sailings on the FE2 […]

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09 Mar 2022

Demand and Congestion Drive Up Trans-Pacific Contract Rates

  Source: Journal of Commerce   Vessel capacity and service have been prioritized above price. Retailers and Importers have signed long-term contracts at significantly higher levels in Trans-Pacific Eastbound trades than in previous years, Xeneta reported. Rates have continued to climb the past two months even as contract negotiations continue. “Trans-Pacific contracts are catching up […]

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08 Mar 2022

Hong Kong air cargo hit by massive reduction in trucking from mainland

  By Alex Lennane THELOADSTAR   The southern China air freight market has changed “dramatically” as Covid rages in Hong Kong, severely impacting the local trucking market to and from the mainland. Forwarders estimate there is a 70% cut in truck capacity, further diminishing Hong Kong’s air export market. “Cross-border trucking has been impacted a […]

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