Tag: shipping

When I first heard the news of a new lockdown in Shanghai this week, I recalled the time when we first heard about Covid cases in China. We were far from understanding why ports were closing and why vessels were omitting China ports. Then, reality took its place in our lives and everything changed in […]

Several global freight forwarders have suspended some services and shifted others from land to the ocean or air to avoid restrictions and disruptions in Russia and Ukraine. Freight disruptions are emerging in Europe and Asia, driven by Russia’s invasion of Ukraine, causing delays to the movement of goods and causing higher shipping costs. Forwarding executives […]

Shipping companies have significantly reduced their cargo numbers since Covid-19 hit the world. The flow of the import and export of goods was affected suddenly and has exacerbated the empty container issue. American regions couldn’t send back empty containers to be returned to Asia due to Covid-19 restrictions. Later, 2021 arrived with port congestion issues, […]

Despite continued delays at the ports of Los Angeles and Long Beach, and congestion spreading to other ports, there are signs that Asia-U.S. ocean demand is at least slightly easing. Asia-U.S. West Coast rates are unchanged this week and are trading at 16% lower than their mid-September peak. But, rising oil prices mean carriers will […]

With just about two months left to go before Christmas, the time to ship goods from one side of the global economy to the other is about to expire. That’s because China-to-U.S. transit times for ocean freight reached 70+ days door-to-door in September and October. Also, the majority of ports, railroads, and trucking companies that […]