📢 Updates from BWA!
We’ve got some fresh off the press news from The Bonded Warehousekeepers Association (BWA) to share with your good selves! What’s the Buzz? HM Revenue & Customs has clocked a bit of inconsistency in how several excise warehouses are dealing with duty deferment. So, they’ve sent around a friendly reminder of the golden rules listed in section 11.5.2 of […]
🚢 Exciting News in the Shipping Industry! 🌍
We’re thrilled to share some remarkable updates in the world of logistics and shipping. According to the latest data released by Alphaliner on October 1, 2023, the global container shipping industry is witnessing significant developments. 🌐 Global Container Fleet GrowthAs of October 1, 2023, the global container fleet has grown to a staggering 6,711 vessels, an increase of 15 ships since […]
What signals does this port operator’s strong momentum send?
According to COSCO Shipping Ports Limited (hereinafter referred to as COSCO Shipping Ports, stock code: 1199.HK), as reported in its interim performance report for the first half of 2023, the company achieved a revenue of $689 million, representing a 2.2% decrease compared to the previous year. The profit attributable to equity holders of the company amounted to $150 million, showing a […]
This globally renowned freight forwarding company has announced the hiring of 3,000 “temporary workers”!
Multiple consulting agencies are predicting a peak in retail activity this year in North America. Despite a somewhat subdued third quarter in the transpacific container shipping market, freight forwarding companies are optimistic about the import trade outlook in the United States by the end of this year. One such company, GEODIS, the world’s tenth-largest freight forwarder, […]
After the CEO’s Resignation, Several High-Level Executives at Flexport Will Depart, Dozens of Job Offers Revoked!
Flexport, a tech-forward freight forwarding company based in San Francisco, has experienced another round of high-level departures following the recent resignation of its CEO. According to several reports from various international media outlets, after Flexport CEO Dave Clark announced his resignation on September 6th via the social media platform formerly known as Twitter, the company is now seeing […]
Exciting Partnership Announcement: China Merchants Group Joins Forces with Guizhou Province and Maotai Group!
On September 1st, 2023, a pivotal moment unfolded as Miao Jianmin, Chairman of China Merchants Group, embarked on a visit to Guizhou Province, solidifying a strategic partnership that promises to reshape industries and foster innovation. The occasion saw Chairman Miao Jianmin meeting with Xu Lin, Secretary of the Guizhou Provincial Party Committee and Chairman of the Provincial People’s Congress Standing Committee, and Li Bingjun, […]
The world’s third-largest ocean freight forwarder announces senior personnel changes in the Asia-Pacific region.
2023 International Shipping and Logistics Industry Expo (ISL Expo 2023) scheduled to take place from November 21st to 23rd at the Shanghai International Sourcing Promotion Center. This event is set to be a prominent gathering for both domestic and international leaders in the maritime and logistics sector. Confirmed to grace the event is the world’s […]
CSTAR LINE leases 18 vessels, launches 17 shipping routes, and involves multiple Chinese ports.
CSTAR LINE leases 18 vessels, launches 17 shipping routes, and involves multiple Chinese ports. According to a report from Alphaliner the recently established shipping company, CSTAR LINE, has recently leased 18 vessels from shipowners in countries and regions including mainland China, Hong Kong, Greece, Turkey, and the United Arab Emirates. Alphaliner also suggests that CSTAR LINE might have acquired some second-hand vessels. […]
🚢 Breaking News from Hapag-Lloyd AG Shipping! 🌍
Greetings, LinkedIn community! We’re thrilled to bring you the latest happenings in the shipping sphere. 📦🌐 Let’s delve into the recent updates from Hapag-Lloyd AG: 🔸 Peak Season Surcharge (PSS) for East Asia to Northern Europe RouteStarting September 1st, we’re introducing a Peak Season Surcharge (PSS) for shipments from East Asia to Northern Europe. This applies […]
🚢 Exciting News in the Shipping Industry!
🤝 Ocean Network Express (ONE), the sixth-largest global and Japan’s leading container shipping company, has joined hands with CJ Logistics (CJL), South Korea’s top third-party logistics provider, in a recent collaboration agreement. 📦 The primary goal of this partnership is twofold: ONE aims to increase its freight volume by leveraging CJL’s extensive service network, while CJL seeks to gain access to competitive shipping […]