Persistent congestion at the ports of Los Angeles and Long Beach is causing delays in shipments. As a result, both transpacific eastbound and westbound trades continued to experience decreasing schedule reliability in October, according to the latest Global Liner Performance report from SeaIntel Maritime Analysis. In October, schedule reliability in the eastbound transpacific trades dropped […]
Global air cargo volumes have continued to see year-over-year growth so far this year, thanks to economic improvements in some regions and an overall improvement in the global trade. However, this volume growth is not enough to improve profitability, as high fuel prices, weak yields and growing capacity kept financial performance of global air cargo […]
Please be advised that most of SSL has change the 20’dv Formula Calculation from 0.8 to 0.85/0.9 from Oct/15. The fixed rate we are using now are also affected by the new rule of HPL. The SSL apply the 20’dv formula calculation is 0.9 is as below: APL All shipment to USA/Canada apply 0.9 of […]