Whilst the festive season is a time of respite for many, here at Transolve we appreciate that business never stops. That’s why our team will be here for you throughout the upcoming festive season, excluding public holidays, with contact points remaining unchanged. If you have any...
Protracted labour negotiations, industrial action and workplace shutdowns attributed to the International Longshore and Warehouse Union (ILWU) are causing unease for exporters across Western USA ports. As negotiations continue with few signs of progress, there is increasing concern amongst exporters as they attempt to deal with...
Operations at the majority of ports across Australia are running smoothly. There are currently either minimal or no delays at Fremantle and Melbourne. Brisbane is currently experiencing delays of 0.5 to 3 days, whilst Sydney is seeing delays averaging 1-4 days. Across the Tasman Sea, Napier...
The calmer end of year shipping season has seen empty containers pile up at Chinese ports such as Guangzhou, Yantian and Shekou, marking a complete reversal of the severe equipment shortages experienced during 2021’s pandemic-induced consumer spending boom. Indicative of the slower pace are the lower...
US imports from Asia have experienced a substantial decline, reaching their lowest level in 20 months in October, as demand in the eastbound trans-Pacific falls from the record highs reached earlier this year. According to data from PIERS, Asian imports in October totalled 1.44 million TEU,...
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...
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...
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...
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...
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...