On the afternoon of the 21st Eastern Time, U.S. President Biden announced his withdrawal from the 2024 presidential race and expressed his support for nominating Vice President Harris as the Democratic presidential candidate. As Western leaders grapple with the wars in Ukraine and Gaza, a more assertive China in Asia, and the rise of the…
According to the latest data from Alphaliner, MSC (Mediterranean Shipping Company) now holds over 20% of the global container shipping market capacity, setting a new record in the liner shipping industry. The company is just one “large vessel delivery” away from reaching the 6 million TEU milestone. As of July 3, MSC operates a fleet…
Many customers receive feedback from freight forwarders about the current status of their goods: “the train is waiting for transshipment at the border port.” So, what does “transshipment” refer to? Why is it necessary? This issue stems from the differences in “rail gauge” between different countries. In 1937, the International Railway Association designated a gauge…
On July 11, the official website of CMA CGM announced that one of its container ships, named CMA CGM BENJAMIN FRANKLIN, experienced a container overboard incident due to severe weather. Forty-four containers were lost overboard, and an additional thirty containers were damaged. It is worth noting that this route is frequently used for cross-border e-commerce…
In 2023, the impact of the COVID-19 pandemic on the shipping industry has diminished, but the complex international political landscape and piracy activities continue to disrupt the operational ecosystem of the maritime sector. Recently, the International Maritime Organization (IMO) released its 2023 annual maritime security report. According to information from the piracy and armed robbery…
There has been a notable development in international sea freight rates. The rates for the European routes have seen a correction, ending the previous nine-week upward trend. The market is now focused on whether the European route rates have peaked. Meanwhile, freight rates for the Persian Gulf, West Africa, and South Africa routes have experienced…
Global shipping is once again facing surging freight rates, port congestion, and container shortages, tightening the nerves of the global supply chain! The COVID-19 pandemic once caused a supply chain disruption crisis, and now new challenges have suddenly arisen. Port congestion, soaring freight rates, along with the multiple impacts of geopolitical and climate factors, are…
Nowadays, there is a wide variety of cross-border e-commerce products available, making it increasingly difficult to choose among them. Linkway has therefore compiled a list of 11 best-selling products based on global consumer behavior, to assist cross-border sellers in product selection. In 2024, 12.7% of full-time employees in the US worked from home, while 28.2%…
According to media reports, Italian union port workers plan to strike from 2 to 5 July, with protests scheduled across Italy from 1 to 7 July. Port services and shipping may be disrupted. Shippers with recent shipments to Italy should be aware of potential logistics delays. Despite six months of contract negotiations, Italy’s transport unions…
On the evening of 23rd June local time, a container fire incident occurred at the Port of Antwerp in Belgium. Operations at the container terminal were partially suspended as emergency services worked to eliminate the danger. As a precautionary measure, operations were halted for 12 hours and ships were evacuated. Currently, the terminal has resumed…
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