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KOREAN TRUCKERS END STRIKE – BUT SUPPLY CHAINS REMAIN SERIOUSLY DISRUPTED
KOREAN TRUCKERS END STRIKE – BUT SUPPLY CHAINS REMAIN SERIOUSLY DISRUPTED

1195 Views

Following an eight-day strike, South Korean truckers went back to work today after hammering out an agreement with the government just before midnight. The source of the discontent was the Safe Trucking Freight Rates System, which is due to expire in December, but citing rising fuel costs, the truck drivers wanted it to be extended.

SHANGHAI PORT CONGESTION NEARLY BACK TO NORMAL LEVELS
SHANGHAI PORT CONGESTION NEARLY BACK TO NORMAL LEVELS

1955 Views

As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to data from VesselsValue.

Freight rates begin to rise as Shanghai slowly reopens for business
Freight rates begin to rise as Shanghai slowly reopens for business

1298 Views

Chinese forwarders are seeing freight rates rise as factories re-open and goods start to move.

MSC LAUNCHES NEW SERVICE ON INTRA-ASIA TRADE
MSC LAUNCHES NEW SERVICE ON INTRA-ASIA TRADE

1482 Views

MSC has announced the launch of the Pertiwi service on the Intra-Asia trade, which is expected to start in early July.

 

SHANGHAI MOVES TOWARD ENDING 2-MONTH COVID-19 LOCKDOWN
SHANGHAI MOVES TOWARD ENDING 2-MONTH COVID-19 LOCKDOWN

1434 Views

Shanghai authorities say they will take major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.

Sea-Intelligence: We might end up with 13 million TEU of excess containers in 2023
Sea-Intelligence: We might end up with 13 million TEU of excess containers in 2023

1724 Views

The impact of supply chain problems, which have existed for two years now, is very large, leading to a significant extension of transport time, both in maritime and inland transport.


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