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Positive Growth Evident in Global Trade Trends Early 2024
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and
Container xChange Predicts Container Price Bubble Will Burst in H2 2024
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in Chin
EVENT: 26-27th March 2024 Trade Opportunities for Australia, US and Mexico Nearshoring in North America
Across The Ocean Shipping Pty Ltd., The Embassy of Mexico in Australia, Bryan Gonzalez Vargas y Gonzalez Baz and the United States-Mexico Chamber of Commerce cordially invite you t
U.S. Air Cargo Advance Screening Data Requirements Effective Nov. 12
Effective November 12: New mandatory data elements for air freight shipments destined or transiting through the United States To enhance security, U.S. Customs and Border Protectio
Trump Tariff Threat and China Downturn to Make CNY 2025 ‘Different’
The impact of Chinese New Year (CNY) on global supply chains “cannot be overstated”, according to Maersk, amid a warning that the forthcoming 29 January to 3 February holiday w
Shipping from Asia to Latin America? GRI Incoming
A General Rate Increase (GRI) from Asia* to the West Coast of South America, Mexico, Central America, and the Caribbean** is coming up. This GRI will apply to cargo transported in
Retail Group Predicts ‘Near-Record Surge’ in
US retailers do not anticipate a slowdown in imports for the second half of 2024, driven by a near-record surge in August as retailers fast-track shipments ahead of potential longs
Houthi Attack on Prestige Falcon Deadliest Yet; 16 Crew Missing
None of the 16 crew of the Prestige Falcon has yet been found, following the sinking of the 7,056dwt product tanker on Monday, meaning that this looks to be the deadliest Houthi st
CMA CGM Ship Loses 44 Containers in South African Storm
A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM Benjamin Franklin was en r
Near-Normal Water Levels Boost Panama Canal Ship Transits
The Panama Canal’s freshwater reservoirs are entering summer at close to normal levels, prompting the canal’s operator to increase the number of large ships moving through the