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
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
Port Operations Halted in Bangladesh and India as Cyclone Remal Strikes
Services at Chittagong were suspended for 54 hours until noon today, while operations in West Bengali ports were closed for more than 12 hours after Cyclone Remal pounded coasts. T
FMC Implements New Rules on Detention and Demurrage
The US Federal Maritime Commission (FMC) revision to detention and demurrage (D&D) rules came into force yesterday, introducing new requirements for billing, timeframes and how
Atlas Ends Amazon Flights Due to Low Utilization
Pilots have reported that Amazon and Atlas Air have ended their CMI contract. Next month, Atlas will reportedly begin phasing-out flying its 17 767-300Fs for Amazon, to cease entir
Maersk Resumes Deepsea Container Service to Ukraine Post-Invasion
Maersk has launched the first deepsea container service in Ukraine since Russia’s invasion led to the withdrawal of box ships by the major carriers. Part of a collaboration with
US Crackdown on Chinese E-Commerce Impacts Customs Brokers
A crackdown by the US Customs & Border Protection (CBP) agency and a large seizure of goods has led to some Chinese ecommerce sellers suspending air charter operations into the
