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What is Shipping Order (S/O) Dec 03,2014
The shipping order---shipping permit---is issued by the shipping company to a shipper with a confirmed space booking, authorizing the receiving clerk (cargo checker) at the container terminal or dock to receive a specified amount of goods from the named shipper.A shipping order (S/O) typically contains the sp... [learn more]
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China takes Silk Road to challenge US role in Asia Nov 12,2014
BEIJING, Nov. 12- “The Silk Road, no longer just a concept in history books, has evolved into a story of modem logistics and Sino-European co-operation” Yang Jiechi, China’s top diplomat, told a conference this month.The new Silk Road economic belt, from China across Central Asia... [learn more]
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US east coast dock strike at risk as ILA, USMX extend talks a week Mar 01,2013
THE US Maritime Alliance (USMX), the east coast waterfront employers bargaining unit, and the International Longshoremen's Association have agreed to extend negotiations on local issues to March 8 after the March 1 deadline passes. [learn more]
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HK falls 4.3pc in November to 1.9 million TEU, Singapore up 4.7pc Dec 19,2012
FIGURES from the Hong Kong Marine Department show the port handled 1.9 million TEU in November, representing a year-on-year decline of 4.3 per cent to more than two million TEU in November last year. [learn more]
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Asia-Europe rates below US$1,000/TEU mark, slipping 2.8pc to $999 Dec 10,2012
ASIA-Europe rates fell again last week for the fifth consecutive week, slipping 2.8 per cent to US$999 per TEU, according to the Shanghai Containerised Freight Index (SCFI). This is the first time that the average rate on the trade has been below the $1,000 mark since late February. [learn more]
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Wan Hai to increase reefer rates US$500 and $1,500 per box in January Dec 10,2012
TAIWAN's Wan Hai Lines is to implement a general rate increase (GRI) on refrigerated cargo due to high operational costs effective January 1. The rates for shipment between intra-Asia which includes Asia-Middle East and Asia-India sub-continent trade will stand at US$500 per container and $1,500 per ... [learn more]