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Air cargo market continues to shrink as global economy slows（7st, November, 2022 ）
The air cargo market continued to return to 18-month record growth in October as the global economy slowed and consumers tightened their wallets while spending on services increased. The airline industry has entered a typical peak season, yet there are few signs of incre...Read more -
Freight rates continue to drop! Most routes remain in decline, and the Middle East and Red Sea routes rise against the trend
Recently, carriers have continued to cancel vessel from China to Northern Europe and West America to slow down the decline in freight rates. However, despite the substantial increase in the number of canceled voyages, the market is still in a state of oversupply and frei...Read more -
Super typhoon named Xuan Lannuo weakened to a strong typhoon, the port should still be highly vigilant. (Date of 2rd,September)
The year's No. 11 typhoon "Xuanlannuo" has weakened from a super typhoon level to a strong typhoon level at 5 o'clock in the morning today (September 2), and its center is located in the south-easterly direction of Zhujiajian Island, Zhoushan City, Zhejiang Province. On ...Read more -
The exchange rate of USD/RMB exceeded 6.92. It is a moderate depreciation good for the export sector? (Date of 30th,August)
As the US dollar index continues to rise and hit a new high since 2002. On August 29, the onshore and offshore RMB exchange rates against the U.S. dollar hit a new low since August 2020. The onshore renminbi against the U.S. dollar once fell below the 6.92 mark; the offs...Read more -
China-Scotland opens first direct container shipping route (Date:2rd,September)
More than 1 million bottles of whisky will soon be shipped directly from the west coast of Scotland to China, the first direct sea route between China and Scotland. This new route is expected to be a game changer and outcome. The British container ship "Allseas Pioneer" ...Read more -
Each shipping company ENS declaration fee standard and amendment fee standard
The ENS charges of all shipping companies are as follows:： CMA Cma CGM Application fee：25USD Change single fee：40USD YML Yang Ming Application fee：25USD Change single fee：40USD NCL Northern Europe Application fee：25USD Change single fee：40USD COSCO cosc...Read more -
CMA: Notice of resumption of Peak Season Surcharge (PSS) on US-Canada line
As of 01/01/2011, CMA's Peak Season Surcharge (PSS) has been reinstated for US and Canada routes and will end on 01/02/2011. The specific costs are as follows, D20 $ 320 D40 $ 400 H40 $ 450 H45 $510 is subject to the delivery time of the container to the port area. [Da F...Read more -
COSCO: Notification of weight limit requirements for Mexican cargo
In order to regulate the weight of goods from the Far East to Mexico, we hereby issue the following weight limit rules for all port agents to follow: The specific weight limit is as follows: Tination Inlands Transportation Mode Maximum Weights Allowance Dry ...Read more
