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....
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,...
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...
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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...
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,...
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...
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...
Ocean carriers aim to expand travel times in an effort to boost scheduling flexibility and cut costs. They start adding more buffer time to schedules to alleviate the effects of persistent global port congestion. Hapag-Lloyd said today it added 13 weeks to the westbound schedule of its...
French container line CMA CGM is not the only carrier to reject booking requests from Asia on the overheated container market. Maersk and ONE both tell ShippingWatch they had to refuse some of their inquiries. Meanwhile, Hapag-Lloyd is calling the situation natural. "The situation is...