Air Freight Forwarder

The global  air supply logistics  business will continue to face the crisis of container shortages, which is the most serious in trans-Pacific trade.   A few days ago, Frank Hung, vice president of sales and marketing at Descartes Systems Group’s core transportation technology company, said in an interview that the reasons for the continuing shortage of air cargo containers are complex, and it is difficult to predict how long the shortage will last.   Hung said that the shortage of air cargo containers is caused by the disruption of the supply chain and the interruption of the transportation business. It is the most serious in trans-Pacific trade.   "The continuous backlog of cargo in the warehouses of airlines and freight forwarders, coupled with transportation problems, such as the shortage of pilots and capacity restrictions, have affected the availability of air cargo containers." Huang said.     Hung added that according to the investigation, the ...

The freight rate of Southeast Asia routes in the Ningbo Export Container Freight Index has soared in the past month and hit a record high. From the end of October to the first week of December, freight from Ningbo to Thailand and Vietnam increased by 137%. The person in charge of a logistics company in Guangdong said that a 20-foot container from  Shipping From China To USA  had a shipping cost of US$100 to US$200 before the epidemic. Now the price has soared 10 times, reaching US$1,000 to US$2,000.   Freight prices from China to South Korea have also risen rapidly in the past two months. Zhou Jie, who runs a freight forwarding company in Dalian, said: "The route to South Korea has risen rapidly. The freight for a 20-foot container has reached 1,600 US dollars, which is only 200 US dollars in normal times."   Related reports show that Southeast Asian countries are gradually reopening, and the resumption of factories has pushed up the demand for raw materials. China h...

  Bloomberg data shows that since the Port of Los Angeles announced in October that it imposed fines on carriers who stayed for too long, the number of   Ocean freight services   containers stranded in the Port of Los Angeles for more than 9 days has been reduced by about one-third.   Shipping and retail executives said that the backlog of US ports is expected to be cleared in early 2022, as the holiday shopping season is over, and many factories in China will be shut down for a week due to the Lunar New Year in February and output has slowed.   Recently, the internationally renowned rating agency Moody's (Moody's) downgraded the outlook of the global shipping industry from "positive" to "stable".   The agency also predicts that after this year's outstanding performance, the total EBITDA of the global shipping industry will decline in 2022, but it will still be much higher than the level before the outbreak.   Moody's stated in an  Ocean freight s...

  It is learned that the Ministry of Commerce announced on November 3 that from January 1 next year, the Regional Comprehensive Economic Partnership Agreement (RCEP) will come into effect. When   China agent shipping   trades with other RCEP members, the applicable tariff rate will be further reduced. After the implementation of the regional comprehensive economic partnership agreement tariff concession, my country and Japan will reach a tariff concession arrangement for the first time.   In the first year of the implementation of the tax reduction, 24.9% of China's imports from Japan will achieve zero tariffs; for Japan's imports from China, 55.5% of the tariffs will be reduced to zero.   In addition, my country, Australia, New Zealand, Brunei, Cambodia, Laos, Singapore, Thailand and other six ASEAN countries under the framework of RCEP, the proportion of zero-tariff products reached 64.7%, 65% and 66.8%, which will benefit the member states. Consumers will als...

  Juneyao Airlines flight HO1253, which took off from Shanghai Pudong International Airport, landed at Beijing Daxing International Airport and glided into the designated aircraft position under the guidance of the advanced ground guidance system A-SMGCS light guidance system. This is the first domestic flight to carry passengers on a Class III approach landing since Daxing Airport was put into operation.   Xiamen Airlines and Industrial Bank launched the first batch of "carbon neutral" tickets in the industry. Passengers can purchase tickets and take the opportunity to practice "carbon reduction" and start a "green carbon reduction" air journey.   The smart access control management system independently developed by Ningbo Lishe International Airport was officially put into use. This is the first digital twin smart access control management system pioneered by domestic civil aviation airports.   At the inauguration ceremony of Shanghai Data Exchange and 2...

  Asia North China:   Air supply logistics   demand and prices continued to rise this week. Affected by the Omi Keron variant of the new crown virus, the market's response speed was faster than expected. For pallet cargo, there are still not many spaces in the market that can be purchased at a higher price.   South China: South China Trans-Pacific Eastbound (TPEB) export market conditions remain the same as the previous week. Spaces are tight, prices remain high, and shippers are scrambling to ship the goods before the end of the year. Due to the uncertainty brought about by the new variant of the new crown virus, some flights on the Far East and West Nordic Route (FEWB) have been cancelled. It is expected that space will be tighter and prices will continue to rise.   Taiwan, China: The market is still very tight and the space is limited, which has caused the detention time at the place of shipment to be extended. The earliest departure time of the standard ship...