Decline in reefer rates 'less violent', but new green rules will hit old ships
The reefer trade is proving fairly resilient in the downturn, unlike dry cargo container rates, ...
The worrying reports of a new upsurge in coronavirus cases in Beijing this week sees supply chains again take a central role, according to this news report from Reuters. The new outbreak has been linked to one of Beijing’s largest food markets and, given the country’s reliance on meat imports from the US and Brazil – the two worst coronavirus-hit countries, respectively – officials in the nearby port of Tianjin are now understood to be inspecting every single reefer carrying imported meat through its facilities for coronavirus, leaving Chinese importers fearing the build-up of large backlogs of cargo. “Authorities usually conduct food safety tests on a random sample of about 10% of frozen meat shipments. Now, every container in Tianjin is opened and boxes pulled out for coronavirus tests.”
Container freight rates: 'collapse' is the word, says Xeneta
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Mexican rail seizures give near-shoring interests pause for thought
Cargo shifts back to US west coast ports, but some has gone for good
Worker no-shows force US west coast port terminal shutdowns
Digital forwarders back in the spotlight: can they compete?
Major box lines still fighting over diminishing supply of smaller ships
'Alarming signals' as airfreight capacity rises and rates fall
Hapag-Lloyd CEO bullish on prospects for a peak season
Hapag-Lloyd kicks off its ship demolition programme
Evergreen and Wan Hai face up to bearish market as profits tumble
FedEx pilots win ‘tentative agreement’ on new contract after strike threat
Comment on this article