Loadstar Podcast | October 2024 | The Good, the Bad and the …
Oct 1, 2024 · With the US on the brink of a large-scale dockworkers’ strike, much is at stake for shippers, global trade and supply chain operators. A shutdown of 36 key ports along the Atlantic seaboard and Gulf Coast from midnight on October 1 could disrupt over half of the nation’s containerised imports and exports, with worldwide ramifications.
The Loadstar - Making sense of the supply chain
Swinging for change: UK for (e)warders' golf day drives funds for Transaid. SpeedX founder acquires Accelerated Global Solutions ("AGS") and aims to build a $1bn end-to-end supply chain enterprise in 18 months. Rare Earth Insurance Partners Shanghai officially established to become first independent wholesale insurance broker in mainland China.
Main News - The Loadstar
Changi Airport Group opens refurbished air logistics facility Changi Nexus One in Changi Airfreight Centre. e+Solutions (ePlus) helps Hong Kong promote its airport as a global eCommerce logistics hub. Dachser breaks ground on its new logistics center in Ingolstadt. CEVA Logistics, Almajdouie Logistics finalize creation of joint venture in Saudi ...
Transpacific rates war breaks out as new arrivals undercut major …
Aug 29, 2024 · A rates war on the Asia-US West Coast tradelane is under way, as newcomer transpacific carriers offer lower rates to gain market share. This has forced the established mainline operators to drop their rates to hold onto customers. According to Linerlytica’s report this week, while the Shanghai-US West Coast rate on 23 August stood at $5,955 ...
Baltic ports bar damaged Ruby, now in the Channel, due to …
Sep 24, 2024 · With a cracked hull and damage to its propeller and rudder, Malta-flagged vessel MV Ruby, carrying 20,000 tonnes of ammonium nitrate, is slowly making its way through the Channel. Not long after leaving the Russian port of Kandalaksha in late August, the general cargo vessel ran aground in a storm in Norwegian waters and a Port State inspection in Norway confirmed cracks in the hull and damage ...
China tightens rules on hazardous cargo at Ningbo - The Loadstar
Oct 9, 2024 · Container lines, already squeezed by schedule pressures due to the longer transits around the Cape of Good Hope, now have another challenge to deal with: tighter regulations in China for hazardous cargo.
New strings attached - shipping shapes up for 2025 with Premier ...
09/09/2024. The structure of the global container shipping alliance next year is set for a further shake-up after MSC unveiled its new standalone east-west service network and revealed it has concluded a vessel-sharing agreement (VSA) with THE Alliance, covering nine Asia-Europe services. The pivot point is February 2025, when the 2M ...
Port single windows will cut 'unfair' box line levies - The Loadstar
Oct 9, 2024 · By Gavin van Marle in Hamburg. 09/10/2024. The deployment of digital ‘single windows’ in ports has the potential to bring considerable improvements to shipper and forwarder port-related operations, and vastly reduce the number of unfair or contested container-related charges levied by shipping lines. Under the International Maritime ...
Scores of ships en route to USEC will be forced to wait out strike ...
26/09/2024. A prolonged strike on the US east and Gulf coasts could prove “toxic” to global container supply chains – and even if industrial action lasts only a few days, it is likely to have ramifications into 2025. Xeneta chief analyst Peter Sand said today there were fears of a knock-on effect that ships being stuck at US east and Gulf ...
Clasquin sees margins squeezed in H1 as MSC takeover awaits …
Sep 19, 2024 · French freight forwarder Clasquin, currently the subject of a takeover offer by the world’s largest shipping line, MSC, this week reported 9.1% year-on-year growth in 2024 first-half revenue, to €310m ($345m). Gross profit was up 4.7%, to €70.6m, but Ebitda declined 18.9%, to €13.3m, which the group said was due to “an increase in ...