News Center-Sungreen Logistics

Freight rates fell and shipping companies adjusted routes

2025-03-26

Global average spot rates fell 4 per cent to $2,264 per foot, but spot rates from Asia to the US West and east coasts fell 9 per cent and 7 per cent month-on-month, respectively.

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CMA CGM: China cannot leave the supply chain

2025-03-26

Vikash Anand, CMA CGM's chief commercial officer, said that despite tensions with the United States and the shift of manufacturing to Southeast Asia, China could not be completely removed from the supply chain.

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Yantai Port in Shandong province, the first Cuban cargo route officially opened

2025-03-26

The "Yunsheng" ship set sail at Yantai Port, Shandong port, marking the official opening of the first Cuban general cargo route at Shandong port.

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Xiamen Port ushered in the Southeast Asia route CPX7 maiden voyage

3 days direct to the Philippines, Xiamen Port ushered in the first voyage of Southeast Asia route CPX7

2025-03-26

With the successful docking of the "Haifeng Yokohama" ship at Xiamen Port Haitian Pier, Xiamen Port ushered in the first voyage of the new Southeast Asia route CPX7.

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The ports of Zeebrugge and Antwerp were paralyzed

Air, sea and land trains have been disrupted by a nationwide strike

2025-03-26

As Belgium faces a nationwide strike affecting rail, road, port and air transport, roads leading to the ports of Zeebrugge and Antwerp are likely to be blocked throughout the day, making it difficult for trucks and staff to enter the ports.

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Maersk: Dragon route canceled docking at Shanghai Ningbo Port

2025-03-25

Shipping giant Maersk has issued the latest announcement on the adjustment of Dragon route operations to cope with the upcoming fog season and ensure the reliability and stability of route services.

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Trans-pacific container freight rates are below 2024 lows

Freightos: Trans-Pacific container rates below 2024 lows

2025-03-25

The latest data from analyst Freightos shows that container freight rates from Asia continue to decline, falling below the lowest point in 2024.

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CMA CGM bids for Belgium's Air cargo business

2025-03-25

French giant CMA CGM swooped in to bid for Air Belgium's cargo business after a Dutch consortium's bid was rejected by a Belgian court.

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Salvage of MSC Baltic III container ship progress

After being stranded for a month, the container ship MSC Baltic III is still being salvaged

2025-03-25

The rescue of the MSC Baltic III container ship, which ran aground near Wild Cove, Newfoundland, was complicated by its remote location and winter weather, including high winds and ice in the bay.

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Freight rates fell for 11 straight weeks

The decline reached 48.4%, and freight rates fell for 11 consecutive weeks

2025-03-25

As of March 21, according to the latest Shanghai export container comprehensive freight Index (SCFI) released by the Shanghai HNA Exchange, it fell for 11 consecutive years, a decline of 48.4%.

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