Transpac spot rates crash as pre-tariff demand for US imports from Asia fades
Container spot freight rates on the transpacific eastbound routes from Asia to the US west ...
Asia-North Europe ocean carriers are looking to hike container shipping rates by up to $500 per teu from 1 July, as space availability begins to tighten with the start of the peak season.
Carriers appear to be adopting a “shock and awe” tactic of a substantial FAK increase rather than ...
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BYD launches logistics subsidiary – and eyes ports and shipping sectors
Shippers wanting a return to Suez should be careful what they wish for
New ocean capacity dump wipes out transpac gains
China pushes Cosco participation in consortium eyeing Hutchison buy
Congestion at Chittagong as boxes pile up on docks and ships wait at anchor
News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama
Comment on this article
Andreas Kout
June 22, 2018 at 4:48 pmHello. Keeping Mr.Trump in mind and his decisions who do have always short term an immediate heavy impact on cargo flows, we as senior advisors would strongly recommend to transport players building up extra space on air+coean including freight forwarders for instance through dedicated charters to put some speed out of their commitments in order to avoid that from latest September 2018 on rates achievable on air+ocean on the transpacific etc do have only one tendency downturn which will heavily influence their 2018 bottom lines.We predict that
2018 in particular the 4. quartal will not be the money making machine as it was in 2017.
kindest regards
A.Kout
Team Akclimited+AKC Consulants Pte Ltd.
Stephen Kum
June 24, 2018 at 10:42 amVery informative and useful to all shipping service users, providers and statutory organizations.