Archive
September 22, 2023
Golden Week Blank Sailings Affecting Schedules
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 >September 18, 2023
Vietnam Approves $1.7bn Plan for Inland Container Depots
Anticipating more containerized cargo imports and exports, the Vietnamese government announced it will invest up to $1.7bn to build more inland container depots (ICD) by 2030 (source: The Loadstar).
READ MORE >September 18, 2023
Air Cargo Rates Hit Lowest Level Since Before Pandemic
The global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic (source: AJOT).
READ MORE >September 5, 2023
US West Coast Port Workers Ratify Contract Agreement
U.S. dockworkers ratified a six-year contract that improved pay and benefits for 22,000 employees at 29 ports stretching from California to Washington State (source: Reuters).
READ MORE >August 28, 2023
Panama Canal to Enforce Water Restrictions for 10 Months
Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime chokepoints, with officials at the Panama Canal Authority warning that water-conserving measures will be in place for at least the…
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