17 May 2022
Here is an updated information about China and Southeast Asia markets.
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16 May 2022FCL rate reference and airfreight market rate reference in Week 20
Even market is expecting rate will decrease in the long run, customers still chose to arrange shipments as sooner as they can because they are afraid that congestions might happen in the ports of USA again in the third and fourth quarters.
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15 May 2022Major shipping lines see signs of easing supply chain bottlenecks
Globalization evolves as trade patterns shift. Supply chains will become more regionalized and shorter amid rising transportation costs
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12 May 2022Chinese export cargo volume is reduced, and the 3 main shipping alliances will cancel one-third of the voyages in the next few weeks to maintain the integrity of the sailing schedule. And can reasonably keep the freight at a high level.
Vietnam will add 10 more terminals, Cambodia plans to build a $1.5 billion seaport. Vietnam, as an emerging supply chain outside of China is overwhelming on.
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11 May 2022Air cargo demand out of Shanghai has dropped to one third compare to last year, in response to a city-wide lockdown that has stalled production.
Shanghai continues to be in lockdown due to a lot of Covid cases. A round of Covid-19 testing will be conducted in the coming days to determine which areas of Shanghai can safely begin reopening.
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10 May 2022Here is an updated information about China and Southeast Asia markets.
Warning! The storage yards of Shanghai will be silent for three days in turn from 5/8, and the receiving and dispatching containers will be suspended!
