Several shipping companies have recently announced a new round of rate adjustments for November. CMA CGM, HMM, ZIM, Maersk, Hapag-Lloyd, and others have successively adjusted rates on certain routes, including those to Europe, the Mediterranean, the Indian Subcontinent, and Africa. CMA CGM Adjusts FAK Rates from Asia to the Mediterranean and North Africa CMA CGM…
2M Alliance members MSC and Maersk have announced notices of suspension for a number of sailings in the U.S. East due to continued congestion in U.S. East Coast ports caused by the strike. MSC has announced that due to recent labor stoppages at ports along the U.S. East Coast and the Gulf of Mexico, causing…
On October 14, MSC issued an announcement stating that it would increase FAK (Freight All Kinds) rates for the Far East to the Mediterranean and introduce new Diamond Tier (DT) rates for the Far East to Northern Europe, with a maximum of $5,000. MSC raises Far East to Europe DT rates MSC declared that the…
The Amazon fall promotion has ended, but the warehouse congestion has not eased; instead, it has worsened, and new warehouse congestion has become normalized. The situation has been exacerbated by events such as the strike on the U.S. East Coast and the upcoming Prime Day sale, with widespread incidents of shipment refusals and schedule adjustments….
What are the main aspects checked by U.S. Customs? According to the “E-Commerce Elements of Compliance” published on the CBP (Customs and Border Protection) official website, it provides basic compliance guidelines for cross-border sellers. Adhering to these guidelines can reduce the risk of being intercepted or detained by CBP, aiming for swift customs clearance. The…
FBA Outer Carton Labeling Recommendations: Due to the recent increase in inspection rates in the U.S., customs has been strictly monitoring shipments with multiple consignees. On FBA labels for Amazon shipments, the “SHIP TO” (destination) sometimes displays a company name. If U.S. Customs detects this, they may require the corresponding company’s importer tax ID to…
The Port of Piraeus is not only Greece’s largest port but also a strategic hub for trade between Europe and Asia. On October 5, an alarming incident occurred at the port when several containers collapsed, raising concerns about port safety, operational efficiency, and the broader implications for global supply chains.This blog will provide a detailed…
On October 3, 2024, the International Longshoremen’s Association (ILA) and the U.S. Maritime Union (USMX) issued a joint statement that the parties have reached a tentative agreement on wages and have agreed to extend the Master Contract through January 15, 2025, with a subsequent return to the bargaining table to resolve other remaining issues. Effective…
One of shipping company “MSC” said in a newly released statement that it expects a possible port strike in the U.S. East and Gulf Coast after the contract expires on Sept. 30, as negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance, Inc. and U.S. Maritime Union, Inc. (USMX) approach their deadline….
The Port of New York-New Jersey, the second-busiest container port in the United States, is ramping up preparations for an impending strike and has urged shippers to halt cargo operations within a week of the union’s set strike deadline. Port Director Bethann Rooney outlined the operational plans during the shutdown in a letter to clients,…
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