Market News

Major carriers are boosting trade between Asia and East Coast South America with a new service launching in May. This collaboration between COSCO, OOCL, Evergreen, and PIL will offer increased connectivity and efficient cargo movement across the Pacific Ocean. Highlights of the New Service: Enhanced Connectivity: The service features two separate loops connecting key ports in Asia with major [...]

CMA CGM, a major shipping line, has announced changes to their rates and surcharges that could impact your bottom line. Here’s the breakdown: Asia to North Europe: Expect to pay more for your freight! CMA CGM raised their FAK rates for all container sizes (20′ and 40′) going from Asia to major European ports (including [...]

CMA CGM, a major shipping line, has announced changes to their rates and surcharges that could impact your bottom line. Here’s the breakdown: Asia to North Europe: Expect to pay more for your freight! CMA CGM raised their FAK rates for all container sizes (20′ and 40′) going from Asia to major European ports (including [...]

The Captain of the Port of Baltimore has announced the opening of the Fort Carroll Temporary Alternate Channel, a new route designed to increase commercial vessel traffic through the port following the collapse of the Francis Scott Key Bridge. Key Points for Businesses and Shippers: Increased Capacity: While temporary, the Fort Carroll Channel provides a lifeline, [...]

The Captain of the Port of Baltimore has announced the opening of the Fort Carroll Temporary Alternate Channel, a new route designed to increase commercial vessel traffic through the port following the collapse of the Francis Scott Key Bridge. Key Points for Businesses and Shippers: Increased Capacity: While temporary, the Fort Carroll Channel provides a lifeline, [...]

Ocean Network Express (ONE) is leading the charge towards a greener shipping industry with the launch of its innovative ONE LEAF+ service. This eco-friendly shipping solution empowers businesses to significantly reduce their environmental impact and meet their sustainability goals. ONE LEAF+: The Key to Sustainable Shipping Reduced Carbon Footprint: ONE utilizes compliant alternative fuels on designated [...]