CMA CGM launched BIGEX 3 and BIGEX 4 to enhance India-Middle East-Red Sea connectivity, with inaugural sailings on Feb 23 and 25. Following Hapag-Lloyd’s “Gemini” alliance with Maersk, CMA CGM terminated their VSA and is independently redefining its India growth strategy.
The global ranking of the top ten container ports has welcomed a new contender. In 2024, Port Klang achieved a record-breaking throughput of 14.64 million TEUs (twenty-foot equivalent units), marking a 4.1% year-on-year increase. This milestone positions the Malaysian port to potentially enter the g
For e-commerce shipments from the United States, what shipping routes do shipping companies offer?US Sea Freight - Fast ShippingUS sea freight fast shipping typically refers to e-commerce fast ships, also known as FBA fast ships. These types of vessels are usually small cargo ships with limited spac
Sensitive goods, such as batteries, food, pharmaceuticals, and branded items, require special handling and documentation. Choose experienced logistics providers to ensure compliant and safe transportation.
Hapag-Lloyd raises FAK rates for Far East-Northern Europe routes effective April 1, 2025. Maersk and MSC also announce rate hikes, with geopolitical tensions potentially supporting rates amid seasonal demand.
Under FOB terms, sellers cover pre-shipment costs, with risk transferring to buyers after loading. Beware of port charges and unauthorized cargo release; consider CIF or CFR for safer transactions.
Wan Hai Lines reported 2024 revenue of NT 161.8 billion,up 61.447.42 billion. The company plans to convert 8 vessels to LNG dual-fuel and optimize routes for future growth.
Freight rates on major global routes have dropped over 40%, prompting shipping lines to cut capacity and delay new routes. Oversupply and cancellations may lead to further ship idling.
DHL plans to cut 8,000 jobs, its largest layoff in decades, to save €1 billion by 2027. The cuts target Germany’s mail and parcel division amid declining volumes and regulatory challenges.
SCFI rates fell for the 8th week, with U.S. West Coast rates dropping below $2,000/FEU, nearing cost levels. Route cancellations and weak demand pressure rates, but a seasonal recovery is expected in Q2.
