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GAVA GROUPNews
15 Oct 2023
0 Comments By MV Containers, Cyber Security, General, Supply Chain

China’s Global Shipping Network: A Tool for Surveillance and Control

Beijing’s global maritime operations double as intelligence-gathering outposts. Introduction: Maritime trade, which accounts for ninety percent of global trade, plays a pivotal role in connecting markets worldwide. However, its vulnerability to disruptions, whether due to pandemics, port congestion, or shipping incidents, underscores the need for safeguarding this critical sector. Unlike traditional naval embargoes, modern warfare […]

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13 Oct 2023
0 Comments By MV Containers, Economic Outlook, General, Rates

Exporters face challenges in container shipping market, despite improvements

Freight rates are higher and scheduling complications are worse than pre-COVID ‘normal’. Container rates for U.S. imports have normalized. Rates for America’s exports have not. Both spot and contract rates for U.S. exports are still up double digits from pre-COVID levels. And rates are not the biggest cost issue exporters face, according to Peter Friedmann, […]

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10 Oct 2023
0 Comments By MV Air Cargo, Automation, Cyber Security, General

Cloud Computing: The Key to a More Efficient and Effective Air Cargo Industry

Here’s why utilizing a cloud-based solution is not only the most advanced but also the most secure way of integrating and operating within the air cargo landscape. Introduction: In the rapidly evolving landscape of global trade and logistics, the air cargo industry stands as a linchpin. To meet the demands of this dynamic sector, innovative […]

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06 Oct 2023
0 Comments By MV Long Beach Port, Ocean Freight Services, Rates

PierPass Fees at Ports of Los Angeles and Long Beach to Increase 4% Effective November 1, 2023

Members of the West Coast Marine Terminal Operators Agreement (WCMTOA) announced that the PierPass fee will increase on November 1, 2023 by 4 percent, from USD 34.21 per TEU (twenty-foot equivalent unit), and USD 68.42 for all other container sizes, to USD 35.57 per TEU, and USD 71.14 per FEU (forty-foot equivalent unit), respectively. This fee is called the PierPass […]

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02 Oct 2023
0 Comments By MV America Trade Lane, Asia Trade Lane, General, Supply Chain, Sustainability

Historic Green Shipping Corridor Launched to Cut Emissions on Trans-Pacific Trade Route

  A voluntary partnership of leading maritime goods movement stakeholders, including the Ports of Los Angeles, Long Beach and Shanghai, some of the largest shipping lines in the world, with input from leading cargo owners, have developed a Green Shipping Corridor Implementation Plan Outline to accelerate emissions reductions on one of the world’s busiest container […]

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30 Sep 2023
0 Comments By MV America Trade Lane, General, Uncategorized, US Customs

NCBFAA Briefs Members on What to Expect from CBP and PGAs During Government Shutdown

NCBFAA Regulatory Agencies Committee (RAC) Chair Mike Lahar, Vice Chair Karen Damon, and Counsel Cindy Thomas briefed members about the expected response to the government shutdown by the following PGAs: Food and Drug Administration (FDA)—Overall, the FDA will do better than most federal agencies, retaining approximately 80 percent of its workforce, due in part to […]

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14 Sep 2023
0 Comments By MV Air Cargo, Rates

Airfreight Rates Continue to Climb in September

Airfreight rates showed signs of recovery in September, marking the first significant improvement in over a year. The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates – spot and contract – paid by forwarders from Hong Kong to Europe and North America increased for the second month in a row […]

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13 Sep 2023
0 Comments By MV Containers, Insurance

Containers Lost at Sea

The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner shipping industry. The report covers the year 2022, showing that 661 containers were lost overboard during the year. “The reduction in containers lost at sea in 2022 is positive news, […]

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12 Sep 2023
0 Comments By MV Asia Trade Lane, Economic Outlook, Europe, General

China’s imports from Russia surge to record high, bucking overall decline in purchases of foreign goods

China’s imports from Russia surged to $11.5 billion in August, the highest monthly haul in over two decades, despite an overall decline in its purchases of foreign goods. The surge comes as trade between the two neighbors’ booms in the wake of Western sanctions on Russia over its invasion of Ukraine. Bilateral trade between China […]

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11 Sep 2023
0 Comments By MV America Trade Lane, Economic Outlook, General

The Americas at a Crossroad

The philosopher Jose Ortega y Gasset once said, “We do not know what is happening to us, and that is precisely the thing that is happening to us.” This quote is apt for the current state of the Americas, where technological transformation, massive migration, rampant crime, and sluggish economies are remaking politics and weakening democratic […]

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