Industry Information

The Eastern US Longshore Union speaks out! In order to win a fair contract, ILA grassroots personnel are ready to take the final action; they will strike on October 1st to fight for the wages and benefits they deserve. North Bergen, New Jersey - (September 17, 2024) Tens of thousands of American nationals...

Breaking news! Fire and explosion! Another container ship! In the early morning of August 11, local time, an explosion occurred under the deck of the MSC container ship "MSC CAPETOWN III" while berthing at the JCT terminal of Colombo Port, followed by a fire. Relevant departments?...

50 ships stranded, over 44,000 containers of cargo backlog! Due to the ongoing protests, the unrest in Bangladesh has worsened again, and its supply chain is in a state of serious chaos. Factories in the country have been closed and exports have almost been forced to stop. All this ultimately led to...

Bangladesh erupts in nationwide protests, affecting the network and ports Recently, large-scale student demonstrations broke out across Bangladesh, paralyzing the national logistics system. In addition, in protest against the introduction of the express delivery system, the customs clearance and (C&F) agency at Dhaka Airport held a...

Freight rates have begun to fall, and container freight rates may have reached their peak. Recently, due to the turbulent situation in the Red Sea, shipping companies have been forced to detour to Africa, and spot freight rates have risen sharply. After rising for 13 consecutive weeks, the Shanghai Containerized Freight Index (SCFI) fell slightly by 1.6% to 3674.86 points last week, breaking the...

The United States and Mexico announced new measures to prevent China and other countries from evading tariffs on steel and aluminum. On Wednesday (July 10th) local time, the United States and Mexico announced a measure aimed at restricting metal imports from China and other countries, saying that these countries transport products through Mexico to evade tariffs. The White House?...

Overview of the new foreign trade regulations in July Nine departments: Support cross-border e-commerce enterprises to "export overseas" The Ministry of Commerce and other three departments issued a notice on the implementation of export controls on relevant items The United States enforces FDA registration for cosmetics The United States requires wooden furniture and wood imports to be fully...

Antwerp Port Breaking News! Container on Fire! On the evening of June 23rd, local time, a container fire occurred in the Port of Antwerp, Belgium, and operations at part of the container terminal were suspended as emergency services worked to eliminate the danger. As a precautionary measure, the...

Loading and unloading came to a standstill! German seaport strike On June 17, several major German seaports were paralyzed, and thousands of dock workers participated in the strike, causing the loading and unloading of goods and containers to almost come to a standstill. The strike was initiated by Ver.di, a German service industry union, with the aim of achieving a large-scale...