Shanghai retains its position as the world’s busiest container port
Shanghai port recorded the highest container volume in 2021 with a 3% growth YoY, maintaining its position as the busiest port for 12 consecutive years.
Source: Seatrade Maritime
With the twin challenges of Brexit and the pandemic continuing to affect driver availability, UK road freight rates have hit their highest level in three years. Source: The Loadstar
To promote the US exports and curb carriers’ power over bot container service and equipment fees charged to shippers, the U.S. Senate introduced a new, flexible version of the bill on Thursday. Source: Logistics Insider
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February. Source: The Loadstar
Foreign container lines claim there’s an increase in direct port loadings at Indian ports due to improved cargo aggregation opportunities, presented by the modified cabotage policy. Source: The Loadstar
The Panama Canal, a pivotal artery in the heart of global trade, is currently facing an unprecedented challenge. The severe drought of 2023 has not only impacted the canal’s operations but has also sent ripples across the global maritime industry. This article delves deeper into the current situation, its implications, and the broader concerns about…
Maersk will launch a new intermodal service this week that will connect Korea, Japan and China to the Kaliningrad Region in Russia, the Baltic countries, and Poland through Trans-Siberian. Source: Container News