Asia-based freight forwarders say some carriers have stopped accepting spot bookings on mainline trans-Pacific and Asia-Europe services from South China due to a capacity crunch caused by lines blanking sailings and shippers consigning cargo earlier than normal ahead of Lunar New Year.
Forwarders said cargo owners, faced with declining order volumes, are shipping orders well ahead of the Lunar …
The San Pedro Bay Ports of Long Beach and Los Angeles will phase out the never-implemented “Container Dwell Fee” on 24 January 2023.
Since the program was announced on 25 October 2021, the two ports have seen a combined decline of 92% in aging cargo on their docks.
The ports have never implemented such fee as cargo owners were …
Montreal
• Yard utilization remains high
• Congestion due to high port demand
Halifax
• All terminals are operating normally
• Vessel berth wait time is 4 – 7 days
• Rail dwell time is averaging 5 – 8 days
Prince Rupert
• Vessel berth wait time is averaging 5 – 8 days
• Yard utilization is at 104%…
Chinese New Year, also known as the Lunar New Year, is the most important of the traditional Chinese holidays. In addition to China, LNY is also celebrated in Hong Kong, Taiwan, Korea, Vietnam, and Indonesia; it consists of a period of celebrations, starting on New Year’s Day, as well as on the first day of the first month of …
After rebounding to pre-pandemic levels in 2021, air traffic in China has sunk back down to 35% of what it was in 2019 as officials continue to impose restrictions on travel as part of their fraught battle with COVID.
Flight activity has dropped sharply in the past two months, coinciding with a rise in infections and as authorities turn …
High inventories carried by US and European businesses combined with slowing demand look set to scupper the traditional pre-Chinese New Year rush to get cargo on vessels before factories close for the holiday.
Chinese New Year begins on Jan. 22 next year, and despite the rapidly closing window for booking goods on vessels ahead of factory shutdowns, there is …
For years prior to the pandemic, cargo remaining on terminals for extended periods of time was considered normal. During the pandemic as import volumes surged, those containers and the agreements that allowed them to sit became a big problem.
Now as the industry takes stock of the pandemic experience and considers ways to make the system more resilient in …
Ocean carriers are taking contingency measures to cope with growing cargo congestion at South Korea’s main container gateway at Busan, but have so far stopped short of omitting calls at the port amid a nationwide truckers’ strike that began last week. There was a similar eight-day strike in June.
The government took the unprecedented step of ordering some of …
South Carolina Ports (SC Ports) has completed the deepening project of Charleston Harbor – now the deepest of its kind on the US East Coast at 52 feet.
The deepened harbour is expected to support South Carolina’s economy and Southeast supply chains.
Alongside cargo growth, SC Ports anticipates this new depth to increase competitiveness, help attract new ship services …
Montreal
• Yard utilization remains high
• Congestion due to high port demand
Halifax
• All terminals are operating normally
• Vessel berth wait time is 4 – 7 days
• Rail dwell time is averaging 5 – 8 days
Prince Rupert
• Vessel berth wait time is averaging 5 – 8 days
• Yard utilization is at 98%…