Author: susan pop

26 Oct Freight Rates to Decline With Lower Vessel Utilisation

Posted at 11:12h in DCN Awards, Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Rachael Budd by susan pop 0 Comments

0 Likes

We are excited to announce that Transolve Global is a finalist across three categories of the 2022 DCN - Daily Cargo News Awards! We are finalists for the Freight Forwarder of the Year Award, the Customs Broker of The Year Award, and our founder and...

26 Oct Global Empty Container Issue Escalates

Posted at 11:10h in Empty Shipping Containers, Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Shipping, Shipping Containers, Supply Chain by susan pop 0 Comments

0 Likes

Recent data from shipping analyst Sea-Intelligence indicates that the global "empty container problem" is intensifying, with the transportation time between cargo being ready for export and the importer taking delivery increasing from an average of 45 days (pre-pandemic) to 112 days at its peak in...

26 Oct Freight Rates to Decline With Lower Vessel Utilisation

Posted at 11:08h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Shipping, Supply Chain by susan pop 0 Comments

0 Likes

According to ocean shipping analyst Sea-Intelligence, freight rates are due for a decline in response to reduced vessel utilisation rates, which have been on a downward trend since their spike in the peak season of 2020. Vessel utilisation rates correspond to spot rates. Once utilisation rates...

26 Oct Suez Canal Toll Rates To Increase From January

Posted at 11:06h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Shipping, Suez Canal Toll Increase, Supply Chain by susan pop 0 Comments

0 Likes

Suez Canal transit tolls will increase from January 2023 by 15% for all types of vessels, with the exclusion of dry bulk ships and cruise ships, which will incur a 10% increase. According to the Suez Canal Authority (SCA) the rise in toll rates is in...

26 Oct Growing Challenge of Empty Container Returns Adds To US Supply Chain Disruption

Posted at 11:04h in Empty Shipping Containers, Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Shipping, Shipping Containers, Supply Chain by susan pop 0 Comments

0 Likes

The inevitable consequence of the first-half inventory buildup that continues to force dozens of ships to wait off major US East Coast ports is that the containers that carried those goods must eventually be unloaded and sent back empty to the ports, amplifying the disruption...

26 Oct The State of Ports Across Australia

Posted at 10:57h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Ocean Freight, Ports, Shipping by susan pop 0 Comments

0 Likes

At a recent industry conference the subject of productivity and competition was at the forefront of discussions from the Australian Competition and Consumer Commission (ACCC) and the Productivity Commission. Whilst the ACCC acknowledged the degree of disruption experienced throughout the pandemic, concern was expressed about the...

26 Oct New Zealand (NZ) Shipping Delays Skyrocket

Posted at 10:55h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, New Zealand Ports, Ocean Freight, Port Botany, Ports, Shipping, Shipping Containers by susan pop 0 Comments

0 Likes

A combination of several factors such as delayed shipments from China and global port congestion has seen an increase in shipping delays to New Zealand, as carriers prioritise more profitable routes. Recent data indicates shipment delays from China to New Zealand increased by 144% in the...

26 Oct Port Botany Increases Empty Container Capacity

Posted at 10:54h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Port Botany, Ports, Shipping, Shipping Containers by susan pop 0 Comments

0 Likes

The development of a new empty container park, the first of several projects in the pipeline, will be built with a 6000 TEU capacity. Other projects in the pipeline, which include consolidation of e-depot sites, removal of warehouses and site access enhancements, aim to culminate in...

26 Oct Australian and Indian Business Leaders Work Towards Closer Trade Relationship

Posted at 10:51h in Global Trade, Trade Agreement, Update by susan pop 0 Comments

0 Likes

Delegates from the Australian Trade and Investment Commission (Austrade) and Australia-India Business Exchange (AIBX) held their first large-scale commercial mission in India since the COVID-19 pandemic began. Representatives from over 100 Australian companies met with Indian business and government stakeholders to explore commercial opportunities across education,...

26 Oct Ningbo Port Hit By Covid Lockdown

Posted at 10:48h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Ports, Shipping, Supply Chain, Update by susan pop 0 Comments

0 Likes

A recent COVID outbreak detected in Ningbo, which has since spread to Beilun, has pre-empted the latest round of lockdowns at the world's largest port in overall tonnage terms and the third largest with regards to containers. Shippers are urged to utilise alternative logistics channels to...