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Freight rates soared in November
Freight rates are soaring! Hapag-lloyd, CMA CGM, Maersk announced price increases in November
2024-10-15
A number of shipping companies announced a new round of tariff adjustment plans, Maersk, Hapag-Lloyd, Wan Hai and other shipping companies have adjusted the rates of some routes, involving the Mediterranean, South America, near-ocean routes and so on
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cargo is flown to the West Coast of the United States via China
To save costs, cargo is flown to the West Coast of the United States via China
2024-10-15
Bangladeshi freight forwarders have started flying cargo to the West Coast of the United States via China, as rising airfreight prices elsewhere mean it is more cost-effective than using Middle Eastern hubs.
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By 2035, the total cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons
By 2035, the total cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons
2024-10-15
By 2035, the cargo throughput of Ningbo Zhoushan Port will reach 1.8 billion tons and the container throughput will reach 60 million TEU.
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The port strike in the East of the United States caused a significant reduction in shipping capacity
The three-day port strike in the eastern United States caused a significant reduction in shipping capacity
2024-10-15
A port strike on the East Coast of the United States ended after just three days, and could cost about a week of lost capacity as it takes some time to clear a backlog of ships and containers.
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Rate decline
The seventh consecutive week of decline, the four major routes have continued to fall
2024-10-15
Seven consecutive weeks of decline, the decline narrowed but still facing the off-season downward pressure, shipping companies began to reduce flights, in response to market changes, while considering adjusting pricing strategy, freight rates are exp
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Turkey has imposed an additional 40 percent tariff on electric vehicles imported from China
Gradually, Turkey imposed a 40% tariff on imported Chinese cars
2024-10-15
Turkey has also announced tariffs on some imports from China, Russia, India and Japan, in particular an additional 40 percent tariff on electric vehicles imported from China.
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FID service westbound from Shanghai
Anchored at Ningbo Port, SeaLead launches new direct liner service with Sri Lanka Ports Authority
2024-10-10
SeaLead launches new direct liner service with Sri Lanka Ports Authority,FID service westbound route starts in Shanghai and passes through major stops such as Ningbo, Nansha, Port Klang, Colombo, Nava Sheva and Mundra before ending in Djibouti.
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Us tariffs on China are unlikely to have a happy ending
The retribution has come, and the American manufacturer Pitts has demanded tariffs on China
2024-10-10
After customs ruled that Pitts' Vietnamese trailers contained enough Chinese parts to warrant new tariffs, the American manufacturer's demand for additional tariffs on China came back to bite.
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Dockworkers strike at the Port of Montreal
The Port of Montreal dockworkers began a strike on the 10th
2024-10-10
The Canadian Port of Montreal dockworkers union immediately announced an overtime strike notice, will start at 7 a.m. on October 10, indefinite strike, trans-Atlantic route freight or will rise.
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Gemini Cooperation
The Gemini Cooperation finalized the continuation of the Cape of Good Hope in 2025
2024-10-10
The Gemini Cooperation Gemini finally decided to continue to orbit the Cape of Good Hope in 2025, and choosing to sail around the Cape of Good Hope is the only feasible choice made based on multiple considerations.
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