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Container xChange Predicts Container Price Bubble Will Burst in H2 2024
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in Chin
EVENT: 26-27th March 2024 Trade Opportunities for Australia, US and Mexico Nearshoring in North America
Across The Ocean Shipping Pty Ltd., The Embassy of Mexico in Australia, Bryan Gonzalez Vargas y Gonzalez Baz and the United States-Mexico Chamber of Commerce cordially invite you t
U.S. Container Imports Continue to Gain and Show Strong Growth
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year, according to data from Desc
Descartes Report Shows Robust Port and Imports Activity in May
Another month brought another strong month of United States-based imports, according to the new edition of the Global Shipping Report, which was issued this week. This is the 34th
Peak Season Surcharge: Asia, Indian Subcontinent, Middle East to Australia & New Zealand
In a continued effort to provide their customers with best reliable and efficient service and due to the imbalance between supply and demand, ANL will implement a Peak Season Surch
Southbound Rate Restoration from North Asia to Australia
MSC Mediterranean Shipping Company wishes to advise customers that in order to maintain service levels, a rate restoration will be implemented for all cargo moving from China, Hong
Severe Congestion at DP World Melbourne Terminal
Landside logistics operators are continuing to experience extreme congestion at DP World’s West Swanson Terminal in Melbourne. For many weeks, DP World has been undertaking const
Stable Volumes, Declining Liner Schedule Reliability
The liner industry’s schedule reliability performance declined in the first quarter of this year, reserving earlier improvements as the Red Sea crisis and mounting port congestio
Red Sea Rerouting Sparks Asian Port Congestion
Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguration of port calls and vessel sizes on services as carriers adjust Asia to Europe lo
Yang Ming Chiefs Deny Extra Bonus Amid Doubled Q1 Profits
Yang Ming has denied media reports that its chairman and GM, Cheng Cheng-mount and Patrick Tu, paid themselves an ex-gratia bonus after the Taiwanese operator’s earnings began