Port congestion is worsening at key gateways in northern Europe, including Bremerhaven, Antwerp and Hamburg. Similar patterns are emerging in Shenzhen, China, as well as Los Angeles and New York (source: Supply Chain Brain).
READ MORE >US airlines are reluctant to resume China routes they suspended during the pandemic, auguring tight capacity to meet e-commerce demand. In response to rampant travel demand, airlines have been adding capacity at a brisk clip. The second half of 2023…
READ MORE >Beijing is considering a proposal to construct a massive integrated super port across islands south of Hong Kong, consolidating regional port resources to challenge Singapore’s shipping hub status. The infrastructure project, potentially costing over $20bn, is also envisaged as a…
READ MORE >In a rare confluence of celebrations, the National Day holiday, marking the 74th anniversary of the founding of New China, and the Mid-Autumn Festival coincided this year, offering the country an extended eight-day holiday (source: Sixth Tone).
READ MORE >The looming peak season for airfreight, which should roar to life after the hiatus of the Golden Week holiday in China, looks set to limp along, more or less at the pace of recent months. Forwarders report no significant rise…
READ MORE >This year, the Mid-Autumn Festival overlaps with the National Day break, making it a longer holiday than usual and giving people a greater chance to travel. The official holiday starts on September 29, a Friday, and runs until October 6…
READ MORE >Canceled sailings by container lines are having some unforeseen consequences, as schedule unreliability has resulted in increased inventories, higher costs, and now a disruption to backhaul trades (source: SeatradeMaritime News).
READ MORE >Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China (source: the Loadstar).
READ MORE >US businesses big and small made a fresh push for the Biden administration to remove Trump-era tariffs on Chinese goods as the government considers a formal extension on the hundreds of billions of dollars in levies (source: AJOT).
READ MORE >As part of its dismantling of its zero-Covid policy, Beijing has allowed travel in and out of the country, with transport officials also allowing crew leaving or joining ships in China to no longer quarantine. Seafarers coming from overseas must…
READ MORE >