Indian Transport & Logistics

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No drop in US consumer demand; 300,000 TEUs more deployed in 2022

27 Jan 2022 6:37 AM GMT
Container capacity deployed in the four-week period in 2022 on the Asia-North America West Coast is 1.29 million TEUs, a massive 300,000 TEU higher...

Container turnaround time accelerates in Asia but congestion in US/Europe ports delay supply chain recovery

11 Jan 2022 1:56 AM GMT
Containers are moving in and out of China at record speeds as shippers desperately source capacity but port congestion in Europe and the US continues...

Drewry WCI increased 1%, indicators point to another bullish year for freight

10 Jan 2022 7:37 AM GMT
Drewry’s composite World Container Index  (WCI) increased 1.1 percent to $9,408.81 per 40ft container for the week to January 6, 2022.

CME container freight futures to use FBX rates

17 Dec 2021 10:07 AM GMT
Six daily Freightos Baltic Index (FBX) indices managed by the Baltic Exchange will be used for the settlement of CME Group’s new shipping container...

Maersk launches differentiated products for long-term contracts

6 Dec 2021 3:09 AM GMT
Denmark-based container carrier A.P.Moller-Maersk is offering six standard products for the 2022 tender season: Flat, Seasonal Preset, Seasonal Sync (...

LA/LB ports to go ahead with container dwell fee; time till Nov 15 to clear containers

30 Oct 2021 11:01 AM GMT
The contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.
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