Hello everyone, we are a professional Chinese freight forwarding company that can provide sea freight, air freight, railway logistics services from China to your side, as well as inland and international truck, warehouse, and brokerage services.

pls feel free to contact with me,when you have cargo from China

Thank you in advance!

Dear all,

I am Haaland from KMG INTERNATIONAL, VIET NAM.

My client has a shipment. I send you information as below:

·       POL: HONG KONG

·       POD: NHAVA SHEVA

·       Commodity: ALUMINIUM SCRAP – HS 76020010

·       Volume: 01*40’HC

·       NW: 25MT

·       FREE TIME: 14 DAYS

·       TARGET RATE: USD700/40’HC. IF YOU CAN NOT MATCH, JUST QUOTE YOUR BEST

·       READY DATE: NEXT WEEK

·       OTHER REQUIREMENT: NEED YOU CAN SEND ORIGINAL MASTER BILL TO VIET NAM 

PLEASE HELP TO QUOTE OCEAN FREIGHT TO MY EMAIL: SALE7@KMGLOGISTICS.VN

Looking forward to receiving good news from you soon.

Hello this is Sid from Eternity Solutions LLC. We are a logistic company based in New York.

We do provide trucking services all over the USA 

. We haul containers from and to the seaports and rail-ramps. If you guys have any requirements please let me know.

Sid@eternitylogistics.co

Falling market rotations

Box lines' attempts to implement a General Rate Increase (GRI) have failed three times. Despite their efforts, GRIs of about $1,000 per TEU on major trade routes have not been successful, resulting in a lack of consensus among carriers. This highlights the intense market competition and resistance from shippers to accept substantial rate hikes. Drewry’s composite World Container Index (WCI) decreased by 2% to $1,685.32 per 40ft container this week. The decline in US-Asia imports is adding challenges to the global container industry's recovery. According to the most recent analysis they have been consistently decreasing at a fluctuating rate of around -20% year-on-year. Experts note that the prospects of the traditional peak season to restore the situation are nothing more than wishful thinking at this point. 

Some Taiwanese companies are already adopting a pessimistic scenario by shifting their focus towards third-party logistics, terminals, and yards to adapt to the changing dynamics of the shipping industry and diversify their revenue streams beyond traditional container shipping.

The same uncertainty also makes shippers refrain from long-term contracts. Instead, they are opting for shorter-term contracts and spot market bookings to maintain flexibility and take advantage of competitive rates in a market with ample shipping capacity.

Following supply chain disruptions, global container production is expected to reach a 14-year low in 2023. This decline will impact container availability and potentially lead to higher costs and delays for shippers worldwide. However, not everything is in gloomy colors. Despite the existing challenges, inland ports in the United States continue to make progress and expand their capabilities. Inland ports are investing in infrastructure, including rail connections and warehouses, to support the growing demand for logistics services

Hot topic 

Amidst the challenges posed by the current market state and geopolitical uncertainties, companies are turning to near-shoring strategies as they seek to bring production closer to consumer markets and explore new business opportunities. For example, Apple and Amazon are looking into investments in India, and Tesla follows suit by starting its pitches to better understand pro-industry policy guidelines.

Routes, rates & services 

• Quanzhou has initiated its maiden container shipping connection to the Persian Gulf. The service, operated by the newly established liner Global Field Line (GFL), follows a route from Qingdao to Busan, Ningbo, Quanzhou (Shihu), Nansha, and finally Jebel Ali. 
• ONE has announced the upgrade of its IBESCO (IBC) service, adding a direct call to/from the port of Gdynia in Poland from June 16, 2023. 
• MSC has announced that its Santana service will call at Port Everglades in Florida, US instead of Port of Miami. The revised rotation will be: Haiphong (Vietnam) – Shanghai (China) – Ningbo (China) – Busan (South Korea) – Rodman (Panama) – Caucedo (Dominican Republic) – Port Everglades (US) – Charleston (US) – Baltimore (US) – New York (US) – Boston (US) – Singapore
• MSC is reintroducing its Swan service, now operated as an independent MSC service, which connects major ports in China with North European ports including Benelux, Gdynia, Gdansk, and Klaipeda. The service will start on June 9th. 
• Hupac has announced an extension of the suspension for its Pordenone-Duisburg rail service, affecting cargo transportation between Italy and Germany.
• The Italian government's unity in opposing China's Belt and Road Initiative (BRI) may be less strong than previously believed, as there are indications of potential divisions within the government regarding their stance on the BRI. While some ministers express concerns about strategic issues and national security risks, others see opportunities for economic development and investment through participation in the BRI.
• Freight volumes along the Silk Road via Russia keep declining. Companies still remain optimistic about the long-term potential of the New Silk Road and continue to work on improving the service by introducing new routes and enhancing collaboration with partners.
• Nevertheless, it is reported that in the first four months of the year, approximately 609,000 TEUs of freight were transported via China-Europe rail freight, with the majority of the business (90%) attributed to trade with Russia.
• PSA International and Kazakhstan Railways have signed an agreement to form a joint venture aimed at promoting the development of the Trans-Caspian route. 
• The Saudi Ports Authority has announced the inclusion of the Dammam Port to South Africa freight route run by MSC.
• PSA International has expanded its logistics arm in Vietnam through an investment in Sotrans, a Vietnamese transportation and logistics company. 
• Hapag-Lloyd has updated its Middle East India Africa Express (MIAX) service by adding the port of Hazira. 

Other

• US shippers are being warned about the rising threat of double-brokering fraud, where freight is fraudulently brokered multiple times, leading to payment issues and potential cargo theft.
• German railway workers have received a new offer from Deutsche Bahn (DB) in ongoing labor negotiations. The threat of new strikes is now lower. 
• The International Federation of Freight Forwarders Associations has released comprehensive guidelines for the transportation of dangerous goods. 

These are only several changes that occurred in more than 250 bn freight rates across 25 million routes with more than 1 million market players. Want to share some news about your company, services, and routes? Just post them on MAXMODAL, a multimodal network that digitally connects routes and rates worldwide to automate sales and operations across container transportation & logistics industry. Join to innovate.

Dear all, 

I am Halaand from KMG INTERNATIONAL, VIET NAM

We are one of the most professional oversea transport services, focused on providing ocean freight services for major shipping lines. We have a large network of carriers such as IAL, TSL, CUL, SNL, YML, WHL,… 

Our strong route includes Southeast Asia, Middle East, India...We wish we can have a chance to look for many co-operate forwarders over the world.

We are one of the members of WCA and JC TRANS 

If you have any inquiry, feel free to contact me. I am lovely to assist you:

_Email: sale7@kmglogistics.vn

_We Chat/WhatsApp: +84.988.136.483

Looking forward to hearing from you soon!

From Bali and Ready To Go To Destination

Hello, everyone. If you need the assistance of the freight forwarder in China, please do not hesitate to contact me, I will try my best to help you! WhatsApp:8615616129031

https://youtu.be/9H0T-xVkJ50

The fleet race

The container shipping industry faces increasing pressure as hopes for a robust peak season diminish. The process of reducing inventory levels has lasted longer than anticipated. Consequently, shipping lines are facing challenges in implementing General Rate Increases (GRIs). The inability to clear out ageing inventories has led to a surplus of capacity, putting downward pressure on freight rates. Ageing inventories refer to goods sitting in warehouses for an extended period, often due to supply chain disruptions and delays. 

There is an increasing strain on consumer demand. The decrease in Trans-Pacific shipping capacity is not as significant as previously projected. Spot rates experienced a temporary increase in mid-April but have since declined and continue to be very low (e.g. Drewry’s WCI assessment for Shanghai-Los Angeles was at $1,823 per FEU last week.) Companies are now forced to look for alternative ways to manage capacity and improve rate levels.

Yet, companies like MSC are not planning to slow down on fleet expansion. The company has become the first container shipping carrier to have a slot fleet of 5 million TEUs. It has outrun its competitor CMA CGM whose fleet capacity amounts to 3.5m TEU. Nevertheless, CMA CGM has outrun Maersk by the size of the existing fleet due to the fact that Maersk is now on vessel size optimization and increased operational efficiency rather than ordering new vessels.

Even though shipping lines choose aggressive strategies of expansion and winning market share, experts remind them that it does not mean that they need to underestimate forwarders and see them as inferior. Forwarders play a crucial role in the supply chain by bringing business to shipping lines. In the challenging market context that we see now, freight forwarders can contribute to increased volumes and efficiencies for shipping lines.

Routes, rates & services 

• South Korea is expanding its container shipping connections with Russia to boost trade and economic relations. Dong Young Shipping will extend its shuttle service between Busan and Vladivostok by adding a call at the port of Donghae.
• Maersk has announced the launch of an expanded service connecting the Middle East with West Africa. The independent string (the Al Maha), will connect ports in UAE, Saudi Arabia, Oman, Qatar, Egypt, and Morocco, and replaces Maersk’s ME3 and ME4 networks.
• AD Ports Group and Aramex will establish a non-vessel operating common carrier (NVOCC) as part of the expansion strategy. This move will allow AD Ports to provide a broader range of logistics services, including freight forwarding and container shipping, in addition to its existing port operations.
• Kazakhstan continues to witness a steady increase in freight volumes along the Middle Corridor where in the first months of 2023, there has been a 22% increase in imports. Kazakhstan's efforts to enhance rail connectivity and streamline customs procedures have resulted in a positive impact on trade flows, attracting more shipments and solidifying its position as a crucial link in the international logistics network. 
• Track access charges in the Netherlands are set to increase once again in 2024 by 10.5% based on inflation, posing challenges for rail freight operators. Experts are concerned by the upcoming financial burden on rail freight companies and expressed the need for a more sustainable pricing structure to support the growth of rail freight in the Netherlands.
• Contecon Guayaquil has welcomed ZIM's Colibri Express service. ZIM’s new service (ZCX)  rotation will be San Antonio (Chile), Callao (Peru), Guayaquil (Ecuador) – Cartagena (Colombia) – Kingston (Jamaica) – Philadelphia – Miami, Kingston (Jamaica) – Buenaventura (Colombia – Guayaquil (Ecuador) – Callao (Peru) – San Antonio (Chile).

Other 

• Lobbying groups within the trucking industry in the United States are pushing lawmakers in different directions, creating divisions on key issues. ATA is advocating for measures to increase safety, such as mandating advanced safety technologies and stricter training requirements. On the other hand, OOIDA is focused on opposing regulations that it believes would harm small trucking businesses, including efforts to regulate trucker wages and increase insurance requirements.
• ONE and Wan Hai Lines have reached settlements with the FMC regarding alleged violations of the US Shipping Act. Both companies have agreed to pay fines as part of the settlements.
• Strong winds at the Port of Koper in Slovenia caused disruptions to rail operations. The port was suspended.
• Iran is set to open a new rail route that will unlock the Russia-India corridor in July. The new section will connect the Iranian Caspian seaport city Bandar Anzali and Rasht. 
• A rail strike in Sweden was called off at the last minute because of the reached agreement to increase wages by 7.4% and introduce the new regulation that makes it more difficult for employers to carry out late schedule changes. 
• Europa Terminal has launched a capacity boost project to enhance its capabilities. New container cranes will be installed as part of the expansion to improve operational efficiency.
• The Port of Mobile has welcomed a new container depot, further expanding its capabilities and services. The depot, operated by Container Maintenance Corporation, offers storage, repairs, and maintenance services for shipping containers.

These are only several changes that occurred in more than 250 bn freight rates across 25 million routes with more than 1 million market players. Want to share some news about your company, services, and routes? Just post them on MAXMODAL, a multimodal network that digitally connects routes and rates worldwide to automate sales and operations across container transportation & logistics industry. Join to innovate.