Big apparel and footwear merchants are increasingly trying to switch from ocean to air transport to make up for huge production slowdowns in Vietnam due to COVID and ensure seasonal imports arrive on time for holiday shoppers.

Airfreight rates are rapidly escalating because of the spike in demand for all-cargo charter capacity, according to logistics companies that manage freight …


 

Sea-Intelligence has published a report about the capacity market shares of the three carrier alliances, 2M Alliance, Ocean Alliance, and THE Alliance, and the non-alliance services, on the Transpacific and Asia-Europe trades aiming to see how the alliance market shares have developed in the longer term, as well as across the 2020-2021 period.

The biggest takeaway, was the sharp …


 

Production in South Vietnam is struggling under the weight of a prolonged lockdown, with manufactures and logistics firms warning of mounting financial costs, labour shortages and supply chain disruption.

Ho Chi Minh City introduced the strictest Covid restrictions to date: residents must not leave their homes for at least the next two weeks, even for food.

Troops have been …


 

Multiple logistics companies are reporting that authorities have suspended operations in a major warehouse at Shanghai Pudong International Airport because of a COVID outbreak, putting a halt to most freighter activity at China’s largest cargo airport.

The timing of the closure throws another wrench in supply chains already stretched thin by ocean and airfreight capacity shortages and extensive shipping …


 

Maersk Line has announced it will order a series of eight green methanol and diesel-powered dual-fuel vessels of 16,000 TEUs each.

They will be delivered from Q1 24 onwards, with options of four more vessels to be delivered in 2025.

The ships will be built at Korea’s Hyundai Heavy Industries shipyard and will cost $175m each, a combined cost …


 

More than 90% of HMM’s seafaring union members voted to strike and, if a resolution is not reached, the 453 union members are threatening to resign en masse and apply to join the rival MSC.
HMM’s seafaring and shore-based staff have expressed dissatisfaction over “a meagre” salary increment, despite the company achieving record profits last year, thanks to tight …


 

Container ships, operated by CMA CGM and ONE were robbed or burglarized while at anchorage in Manila in the first two weeks of August.

The crew members were threatened with knives and guns, and the robbers made off with items from the ships.

The incidents were disclosed by the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against …


 

Montreal

• Yard utilization remains high
• Rail dwell time remains at around 3 days
• All terminals are experiencing a shortage of labor, resulting in delays to ship schedules

Halifax

• All terminals are operating normally
• Rail dwell time remains at 3 days

Prince Rupert

• Vessel berth wait time remains at 3 days
• Yard utilization …