U.S. Trade Deficit Increased to Second Biggest on Record in May

The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports. The gap in trade of goods and services rose 3.1% to $71.2 […]

Port of Long Beach celebrates 110 years of service

The Port of Long Beach was founded 110 years ago today – June 24, 1911. According to the port’s website, it was “a wild dream scratched out of 800 acres […]

Port of Antwerp major entry point to a strong European Internal Market

Today, Port of Antwerp CEO Jacques Vandermeiren met up with European Internal Market and Industry Commissioner Thierry Breton at the Port of Antwerp to discuss the Port’s role as a […]

CMA CGM applies congestion surcharge in Oakland

French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to the Port of Oakland in the […]

More container ships score ‘astronomical’ $100,000/day rates

Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even so, there’s […]

Hapag-Lloyd applies PSS of US$1,000/TEU to US and Canada

Hapag-Lloyd has announced a new peak season surcharge (PSS) from East Asia ports to North American destinations.

North American exporters having a difficult time scheduling ocean freight to Far East

North American exporters are having a hard time scheduling ocean transportation to the Far East. Industry experts indicate that shipping lines are thriving with huge Asian cargo volumes bound for […]

Evergreen and Kaohsiung Port pilot IoT solutions

Evergreen Marine Corporation is piloting the usage of Internet of Things (IoT) technology with Kaohsiung Port’s customs officials.

Covid-19 pandemic accelerates smart reefer container adoption

The global Covid-19 crisis has highlighted the importance of refrigerated container logistics to keep vital supplies of food and medicines, including vaccines, flowing around the world as nations locked down.

Proposing not to collect infrastructure fees at seaports during tough times

The private sector development research board (IV Board) reported to the Prime Minister the recommendations of businesses on inadequacies in collecting fees for the use of infrastructure and public utility […]

Procedures for import and transfer of cars and motorbikes subject to privileges and immunities

Circular 27/2021/TT-BTC amending Circular 19/2014/TT-BTC has many new contents related to the regulations on procedures for temporary import, re-export and destruction, transfer of cars, two-wheeled motorcycles of subjects entitled to […]

Amending the decree on goods labelling, adding exported goods to the scope of regulation

One of the notable points in the draft decree amending and supplementing Decree 43/2017/ND-CP on goods labels that is being consulted on by the Ministry of Science and Technology is […]

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