Ocean carriers have been hiking their rates in recent weeks, surpassing the $3,000/40’ container mark to West Coast Ports earlier this month for the first time ever, then passing $3500/40’ a week later. Previous record high was back in July of 2010. Ironically, this is happening after the carriers have reinstated nearly all void sailings,…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 15, 2020. 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 September 15, 2020 Equip.USD20 ft$90040…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 1, 2020. 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 September 1, 2020 Equip.USD20 ft$90040…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective August 15, 2020. 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 15, 2020 Equip.USD20 ft$90040…
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The Canadian Union of Public Employees (C.U.P.E.), has issued another strike notice. The strike will begin Monday, August 10, 2020 at 7am, at the Port of Montreal. An end date has not been announced. All terminals at the Port of Montreal will be impacted. We will continue to monitor this situation and offer updates as…
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Due to the tropical storm, several terminals at the Port of NY & NJ have closed today, August 4, 2020. The terminals include APM, Port Newark Container, Maher and GCT New York. These terminals should reopen on August 5, 2020. If you have any questions, please reach out to your Mohawk Global customer service representative.…
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UPDATE: 8/3/2020—A new strike notice has been sent by the Longshoremen Union, which extends the strike for Viau and Maisonneuve terminals only, through Friday, August 7 at 6:59 am. This strike will impact longshoring and mooring activities at these terminals. The Canadian Union of Public Employee (C.U.P.E.), will be carrying out a four-day strike at…
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Where are all the ships? Why is it so tough to secure space right now? We all know this year has seen a record amount of void sailings, where one ship has been taken out of its rotation, or whole strings of vessels have been cancelled. This has resulted in the idle fleet setting a new…
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With the number of new cases of COVID-19 slowing in China, and a gradual return of their labor force, we are starting to see the beginnings of recovery for the transport industry. Factories are coming back online with 50 percent or more of their workers having returned, and further estimates of 80 to 90 percent…
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Singapore-based carrier Pacific International Lines (PIL) has recently announced plans to withdraw from the Trans-Pacific marketplace. Why They’re Exiting the Market In a February 14 statement, the company cited results from its recent strategic review as the primary driving factors for its decision, emphasizing their desire for a realignment of services and increased optimization of…
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