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Dec 09,2022

Price increase notice! The shipping company announced that starting from December 15, the freight rate of this route will be increased.

As shipping rates continue to fall, the industry is generally worried that the market is facing a "hard landing", liner companies are also actively taking various measures to slow down the decline in freight rates. The decline in freight rates has converged as shipping companies have stepped up efforts to control capacity. Recently, some shipping companies began to raise freight rates on Southeast Asian routes.

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Dec 09,2022

Affecting the livelihood of 5.64 million people on the island ~ Singapore's new tax policy is about to take effect: more taxes on shopping, shipping and installment payments from China!

The Singapore government will increase the consumption tax (GST) from the current 7% to 8% from January 1, 2023. In other words, starting from January 1 next year, all local consumption will be subject to 8% consumption tax (GST). Hold on tight when you have the goods ~

Dec 08,2022

Cui Zhongfu Re-elected Chairman of Asia-Pacific Logistics Alliance

A few days ago, members of the Asia-Pacific Logistics Alliance unanimously elected Cui Zhongfu, vice president and secretary-general of the China Federation of Logistics and Purchasing, to continue as chairman of the Asia-Pacific Logistics Alliance. It marks the further improvement of the internationalization level of China's logistics field.

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Dec 08,2022

Empty containers piled up in port! The "empty shelf" trailer was parked on the side of the road, and the drivers of the truck had no orders to pick up. Some drivers had returned to their hometown.

In the second half of this year, as the global capacity market plummeted and the demand for containers dropped sharply, the grand occasion of "one box is hard to find" was no longer replaced by "empty containers stacking ports". As demand in the global shipping market shrank sharply, freight rates on major shipping routes fell sharply. Some routes even fell 80% compared to the same period last year.

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