We are seeing measured congestion in every corner of the globe, which accounts for more than 10% of all containers in transit being stuck waiting somewhere. Cargo that backed up during the Yantian COVID-19 outbreak, will be hitting USA ports for the next six weeks, and the holiday cargo season is also upon us. With no…
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Union Pacific Railroad (UP) has announced that it will halt all international intermodal services from the West Coast to Chicago for seven days beginning Monday, July 19. The logic behind this move is to relieve significant congestion at the inland intermodal terminals, though the move will certainly cause more short-term pain for shippers to the…
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Indonesia has been under emergency PPKM—or “micro” lockdown—rules since July 3, in order to slow the spread of COVID-19. This has caused its port authorities and Customs to work with limited staff, resulting in delays empty container pickups and redelivery of full containers. Many feeder vessels are also skipping Indonesian ports, which is adding to…
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The India Trade Lane has been hit with a series of unfortunate events starting with the COVID-19 lockdown, congestions, the Suez Canal incident, and a second wave of COVID-19. These events have led to a space crisis never seen in global shipping. In response, carriers continue to levy Peak Season Surcharges (PSS) and General Rate…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective August 1, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian portsEffective August 1, 2021 Equip.USD20 ft$180040…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 15, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian portsEffective July 15, 2021 Equip.USD20 ft$90040…
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Good news, Yantian International Container Terminals (YICT) is fully operational as of Thursday morning, June 24, 2021. The challenge will now be clearing the backlog over the next four weeks, as peak season draws near. All berths are fully operational, with laden gate-in tractors back to 9,000 trucks per day. The requirement of export laden…
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The following are recent updates regarding the state of operations at Yantian Port: YICT has issued a notice stating that as of June 10, the terminal will accept export laden containers with an ETA-7.The overall operation capacity of YICT has been restored to about 75 percent.The yard density is significantly reduced to 70 percent.During the…
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What started as a small COVID-19 outbreak in Yantian port is now having a crippling effect on all Southern China ports. There are more than 40 containerships at anchor outside Yantian and more than 60 void sailings announced for the rest June. Nearby, Nansha and Shekou ports are suffering under burgeoning container flow, as regular…
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The impact of terminal slowdowns at YICT terminal, in Yantian, has caused a ripple effect that is paralyzing the region’s ports. Quarantine restriction has caused labor to be in short supply. This has limited the number of active berths to only five of what would normally be 16 vessels working at any given time. There…
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