Jul 6, 2021
— A shipper moving cargo at the lower end of the spot market would have seen rates increase from $2,200/FFE a year ago, to $5,300 today, while another, unable to secure the lower rates, would have paid $2,700/FFE a year ago and $11,200 in today’s market.
Jul 6, 2021
— Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives expect to remain tight for the rest of the year. The average price world-wide to ship a 40-foot container has more than quadrupled from a year ago, to $8,399 as of July 1.
Jul 2, 2021
— Road surfaces have warped, and buckled in some places. A section of route 544 in Washington State had to be closed after the surface was declared unsafe and the Seattle Department of Transportation has been dousing the city’s three steel drawbridges to prevent the metal from over-expanding.
In some places, the heat has melted power cables, which resulted in a shutdown of the streetcar service in Portland, and in British Columbia, the town of Lytton had to be evacuated as a wildfire closed in, destroying most of the housing.
Jul 1, 2021
— Australia’s Department for Agriculture, Water and Environment (DAWE) says its new restrictions should be a warning of the next major upheaval in container shipping, as governments act to restrict the movement of invasive species on and in containers.
Jun 29, 2021
— Last week, one haulier said the situation at Terminal 1 of the Peel Ports-operated SeaForth Gateway was “diabolical”, with jobs that would normally take two hours taking the better part of a day. But the haulier told The Loadstar today: “There has been a massive improvement in wait times, which have now dropped to 90 minutes.
Jun 16, 2021
— American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican and a Democrat have pitched the idea to the US House Transportation & Infrastructure Committee, claiming yesterday American exporters are being discriminated by carriers who are rushing to send their empty boxes back to Asia rather than wait for American exporters – led by the agricultural community – to fill them up.
Jun 10, 2021
— The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave of Covid outbreaks in Guangzhou province. According to the latest data from Container xChange, the ports of Yantian, Shekou and Nansha have been hit worst by the box shortages.
Jun 1, 2021
— Port congestion at the container hubs of North Europe is continuing to impact alliance networks and further disrupt already stretched supply chains. The 2M partners, Maersk and MSC, advised customers today their AE7/Condor Loop 4 would omit Hamburg for the next four weeks to discharge cargo at Bremerhaven.