CNInsights
-
Fragile supply chains due to port congestion, still have to endure high freight rates this year
The latest container freight index SCFI released by Shanghai Shipping Exchange reached 3739.72 points, with a weekly decline of 3.81%, falling for eight consecutive weeks. The European routes and Southeast Asian routes experienced higher declines, with weekly declines of 4.61% and 12.60% respecti...Read more -
Mass Strike, 10 Australian ports face disruption and shutdown!
Ten Australian ports will face a shutdown situation on Friday because of the strike. Workers at tugboat company Svitzer strike as Danish firm tries to terminate its enterprise agreement. Three separate unions are behind the strike, which will leave ships from Cairns to Melbourne to Geraldton with...Read more -
Summary of recent sanctions against Taiwan District
On August 3, in accordance with relevant import and export regulations, and food safety requirements and standards, Chinese government will immediately impose restrictions on grapefruit, lemons, oranges and other citrus fruits, chilled white hairtail, and frozen bamboos exported from Taiwan Area ...Read more -
Freight rates will climb at the end of August?
A container company’s analysis of the current state of the container shipping market states: Congestion in European and American ports continues to increase, resulting in a decline in effective shipping capacity. Because customers are worried that they will not be able to obtain space, the ...Read more -
Kenya published a compulsive regulation of import certification, no certification mark or will be seized, destroyed
The Kenya Anti-Counterfeiting Authority (ACA) announced in Bulletin No. 1/2022 issued on April 26 this year that from July 1, 2022, any goods imported into Kenya, regardless of the intellectual property rights, will be All need to be filed with the ACA. On May 23, the ACA issued Bulletin 2/2022, ...Read more -
Do you know what is International moving?
Any difference between International Moving and International Freight Forwarding? International moving is an emerging industry, and most of the practitioners come from international logistics industry. The international moving company specializes in the consignment of personal items, specializin...Read more -
America’s west coast is closed! Strikes may last for weeks or months
Auckland International Container Terminal management closed its operations at the Port of Auckland on Wednesday, with all other marine terminals except OICT shutting down truck access, bringing the port to a near standstill. Freight operators in Oakland, Calif., are bracing for a week-long strike...Read more -
Maersk: surcharge applies, up to €319 per container
As the European Union plans to include shipping in the Emissions Trading System (ETS) starting next year, Maersk recently announced that it plans to impose a carbon surcharge on customers from the first quarter of next year to share the costs of complying with the ETS and ensure transparency. “Th...Read more -
Warning! Another major port of Europe is on strike
Hundreds of dockworkers in Liverpool will vote on whether to strike over wages and working conditions. More than 500 workers at MDHC Container Services, a subsidiary of British billionaire John Whittaker’s Peel Ports unit, will vote on a strike action that could cost Britain’s biggest...Read more -
W/C America freight rate fell below 7,000 US dollars!
The latest Container Freight Index (SCFI) released by the Shanghai Shipping Exchange dropped 1.67% to 4,074.70 points. The freight rate of the largest freight volume in the US-Western route fell 3.39% for the week, and fell below US$7,000 per 40-foot container, came to $6883 Due to the recent str...Read more -
East African Community Published New Tariff Policy
The East African Community issued a statement announcing that it has officially adopted the fourth tranche of the common external tariff and decided to set the common external tariff rate at 35%. According to the statement, the new regulations will come into effect on July 1, 2022. After the new ...Read more -
Over $40 billion in cargo stranded at ports still awaiting unloading
There are still more than $40 billion worth of container ships waiting to unload in the waters surrounding North American ports. But the change is that the center of the congestion has shifted to the eastern United States, with about 64% of waiting ships concentrated in ...Read more
