Counterfeit Auto Parts on the Rise
A deadly gap has formed in the supply chain for after-market automotive parts. Authorities say they are tracking growing incidents involving counterfeit air bags in automobiles, in
Disruptions Impact Shipping Outlook
Ship backups that plagued seaports during the Covid pandemic are making a comeback, raising concerns about new delays and higher costs during this year’s peak shipping season. Fl
Hapag-Lloyd CEO Predicts Surge in Demand May Be Temporary
Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the ups
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
