Importers are facing massive rises in ocean contract costs
Container spot rates spiked first. Next in line: annual contract rates...
03 February, 2021
Author: neil
Box port delays causing service cancellations
Due to unusually long delays on vessels caused by congestion in Asian and North American ports, major global container lines are being forced to cancel large numbers of east-west services. This week, Hapag-Lloyd told customers that it was forced to introduce "a comprehensive schedule recovery plan...
29 January, 2021
Market Outlook: Shipping Container Crunch Shows Signs of Easing, Demand Remains High
A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods....
26 January, 2021
20 Ports See 75% increase in Rollover Cargo
The latest figures show that in December, average rollover levels at key ports increased to 37 percent. The number reflects a market affected by a 30 percent decline in demand for container shipping in Europe and the United States at the start of the pandemic,...
26 January, 2021
During the COVID-19 Pandemic, Ships Continue to Move Worlds
youtubeembedcode de where to buy traffic Visit our new COVID Status Page Our coronavirus tracking page gives you detailed status updates of our major ports of loading. View the status of container availability, port operations, trucking, and customs all from one central page. Learn More...
22 January, 2021
How AI Based PrimeAllocation Forecasting Helps Your Business Grow
Reliable cargo space on your favorite trade lanes using our proprietary container allocation system....
21 January, 2021
Equipment and capacity squeeze sees South China cargo bookings suspended
Next month, shipping lines declared the temporary suspension of cargo bookings into South China, blaming local feeder operators for reduced availability. The move has caused dismay among local forwarders who warned "not to hesitate" customers to take any chance of booking cargo before the Chinese New...
15 January, 2021
Major forwarders engage in fierce bidding wars in China to secure equipment and space for North Europe.
Major forwarders engage in fierce bidding wars in China to secure equipment and space for North Europe. And several carriers reported opening first- and second-round tenders this month with the highest bidders for guaranteed shipment. Carriers are inviting offers for available slots on end-January sailing from Shanghai,...
11 January, 2021
‘Slidings’, Port Omissions and Short-Notice Network Changes Replace Blanking
Scheduling 'slidings,' 'ad-hoc' port omissions' and 'short-notice' network structural changes are replacing blanking as new challenges for shippers in 2021. The latest advisory on "Service Adjustments" comes from the 2M partners Maersk and MSC on the transpacific tradelane. MSC stated that it had decided to make some...
08 January, 2021
Update on Transpacific Peak Season
As the performance of the North American import market continues at unprecedented levels, Prime Freight will provide updates on rapidly changing trends in the North American import supply chain market on a more frequent basis. Our goal is to inform you of as much relevant...
24 December, 2020
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