Freight Forwarders

15 Aug

Posted at 17:44h in Australia, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Ports, Shipping, Shipping Containers by
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Since 1 June 2023, Victoria International Container Terminal (VICT) at Webb Dock, Melbourne has been applying a VGM Weight Discrepancy Fee for full import and export containers determined to have a variance over or under one tonne from the container's Verified Gross Mass (VGM) declared...

15 Aug

Posted at 17:16h in Freight Forwarders, Global Trade, Industrial Action, Port Disruptions, Ports, Shipping by
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The International Longshore and Warehouse Union (ILWU) has announced that just shy of 75% of its membership has moved to agree to a four-year contract which will see weeks of uncertainty and disruption along the Canadian west coast supply chain conclude. Whilst details of the agreement...

26 Jul

Posted at 20:26h in Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Shipping, Shipping Containers, World Container Index by
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The latest update of Drewry’s composite World Container Index (WCI) has seen a weekly decrease by 2.7% to reach $1494.46 per 40-foot container whilst the composite index has dropped by 78.9% when compared to the same week last year. The index is now 86% below the...

26 Jul

Posted at 20:25h in Australia, Environment, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Panama Canal, Ports, Shipping, Shipping Containers by
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Severe drought conditions affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of shipping cargo through the canal expected this summer. The Panama Canal Authority (ACP) has stated it will progressively decrease the...

26 Jul

Posted at 20:06h in Australia, Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Logistics Solutions, Vessel Schedules by
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According to Sea-Intelligence Maritime Analysis, vessel schedule reliability for the US West Coast has hit a two-year high, with on-time performance up 2.4 percentage points to reach 52.6% in May. Conversely, reliability across the East Coast decreased by 3.3 percentage points to 42.9% over the...

26 Jul

Posted at 20:02h in Australia, Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Logixboard by
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Here at Transolve Global we are always looking for ways to provide you with an exceptional logistics experience that not only meets your needs, but also provides you with a competitive advantage in an ever-changing market. That's why we have partnered with Logixboard, a digital platform...

20 May

Posted at 02:30h in Freight Forwarders, Freight Forwarding, Global Trade, Logistics, Ocean Freight, Shipping Containers, Supply Chain, World Container Index by
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Whilst the latest Drewry World Container Index increased by 1% last week, it has dropped 77% compared with the same week last year. The latest Drewry WCI composite index of $1,763 per 40-foot container is now 83% below the peak of $10,377 in September 2021. The latest...

20 May

Posted at 02:22h in Freight Forwarders, Global Trade, Logistics, Shipping, Supply Chain by
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According to shipping analyst, Sea-Intelligence, global schedule reliability is demonstrating a vast improvement. In the most recent performance report, statistics show an improvement increase of 7.7% per month, reaching a reliability of 60.2%. Global reliability was 26% higher in February 2023 than in February 2022. In...

20 May

Posted at 02:19h in Freight Forwarders, Freight Forwarding, Logistics, Logistics Solutions, Logixboard, Supply Chain by
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At Transolve Global we are always looking at ways to improve the customer experience. That's why we have partnered with Logixboard, a dynamic and streamlined customer platform that will help improve the management and control of your freight operations. With real-time shipment visibility and management, a...

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