More shipper pain on the way as carriers levy new peak season surcharges
Ocean carriers have continued their flurry of surcharge and rate increase announcements, which “continue to ...
HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED KNIN: GO GREENDSV: CHANGING OF THE GUARD CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS'
HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED KNIN: GO GREENDSV: CHANGING OF THE GUARD CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILSWTC: EBL DEALEXPD: 'READ MY LIPS'
Hapag-Lloyd, the market leader in Canada, is expanding its local network. On April 21, the YM Masculinity called at a new destination, the port of Prince Rupert, for the first time. The ship, which operates on the PS8 service of THE Alliance, was sailing from Asia to North America offering leading transit times and new options for customers.
“With the decision to incorporate Prince Rupert into our network, we strengthen and further expand our position in Canada,” explained Uffe Ostergaard, President of Hapag-Lloyd America. “Prince Rupert is the closest major North American port to Asia with direct access to CN’s Class 1 continental rail network. In this way, we can offer our customers additional options for their transports. We expect that the port call will develop well and offer our customers a genuine alternative.”
There has been a strong interest from the market for the first eastbound sailing including many containers with furniture, machine parts and computers. In Prince Rupert, it will mainly be loaded with forest products and agricultural goods for different Asian markets.
The port offers short transit times to other destinations in Canada and USA. For example, transports take only three days to Calgary and only five days to Montreal. In 2017, Prince Rupert increased its handling volume by 26 percent over 2016 volumes.
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