CMA CGM Group, which includes ocean carrier APL, has raised its emergency bunker surcharge (EBS) to $100 per teu for all deepsea cargo movements from 1 December. Introduced by the French carrier and a number of its peers on 1 June, in response to higher fuel prices, the controversial EBS was initially set by CMA CGM at…
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Peak season is quickly coming upon the air freight industry. Forwarders are reporting limited capacity on Asia-US, with rates from Hong Kong into New York now hitting HK$36 per kg (US$4.58) on major carriers such as Cathay, Cargolux and Asiana. Los Angeles rates are marginally lower, hovering at between HK$30 and HK$35++. “The air freight market…
Heathrow has been given the green light to spend £43m on its cargo activities – but input from carriers could stretch the budget further. Head of Heathrow Cargo Nick Platts has long campaigned for a freight budget, and now has a five-point plan for the cash. But one item on his wish list – a “forecasting and…
Are you feeling festive yet?! Maybe not, but sea freight imports need to be organised soon to get them in time for Christmas! Time is of the essence. Please contact a member of our team as we have very competitive rates for this month – email [email protected] or call 02380 337778 We handle all types…
Pressure is mounting on container ports to improve efficiency in terminal operations, as wholesale change in the shipping industry continues to increase competition and drive down revenue per box. According to Mark Welles, Navis vice president and general manager Asia Pacific, terminal operators are “aggressively attacking their cost base and figuring out ways to use…
Following the footsteps of Maersk Line, the Swiss and French container shipping giants MSC and CMA CGM have unveiled their intention to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap. Mediterranean Shipping Company plans to introduce a new Global Fuel Surcharge as of January 1, 2019. The company expects its operating costs…
As few as 1,224 UK hauliers could be eligible to transport goods to the EU if the country departs the union without a deal in place. Logistics industry representatives say a UK-EU agreement on road transport must be prioritised over a trade deal. Yesterday the UK government issued a series of technical notices outlining the situation…
Shippers are facing an anxious wait as the crisis in the UK haulage sector tightens its grip. CMA CGM subsidiary ANL has announced a six-day delay on export collections due to a reduction in haulage availability, and HMM revising its policy. ANL told customers the next available collection at major ports, including Felixstowe, London Gateway and Southampton, would be 17…
One forwarder told The Loadstar all UK ports had been affected by problems ranging from driver shortages and rail failures to issues arising from M&A activity. Advance road bookings now require up to 10 days lead time. “We are seeing failures on some 20% of the boxes we handle; that’s thousands of boxes, and from what we are…
Typhoons and tropical storms have already hit Asia during July and August which have had a serious impact on port operations. This in turn means that we may experience delays caused by the inclement weather. The number of vessels arriving into port is likely to be disrupted with ports closing because of poor weather conditions.…