Political fallout may delay Panama Ports Co sale to BlackRock-TiL
Tomorrow’s deadline for CK Hutchison to sell its 90% stake in Panama Ports Company (PPC) ...
Forwarders have said shipping lines looking to impose haulage surcharges for cancellations and amendments into the UK is a “cruel joke”, as trucking rates hit levels not seen in decades.
An MSC carrier advisory says that from 9 August it will impose fines of £125 ($173) for cancellations made two days prior to delivery date, rising to £250 for notice provided 12pm-3pm the day before delivery and maxing out to full haulage rates for any cancellations after 3pm.
And Maersk announced today ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Overcapacity looms for ocean trades – with more blanked sailings inevitable
'To ship or not to ship', the question for US importers amid tariff uncertainty
Comment on this article
Victor Jones
July 15, 2021 at 10:11 amChickens coming home to roost – driving a 44-tonne truck safely is a highly skilled job but for too long drivers and hauliers alike are treated as utter no-marks by the shipping companies, forwarders and big so-called “blue chip” customers