Shipping carriers rejected tons of U.S. agricultural exports, opting to send empty containers to China

Millions of dollars in rejected trade Carriers rejected an estimated 177,938 containers known as TEUs (20-foot equivalent units) in October and November, according to analysis of data compiled from the Census Bureau and the ports of Los Angeles, Long Beach, California, and New York and New Jersey. Shipping carriers rejected U.S. agricultural export containers

By |2021-01-26T22:24:32+00:00January 26th, 2021|News, International|

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%

Ikea’s Singapore operations called it a “global transport crisis” in a mid-January Facebook post: “The surge in demand worldwide for logistical services at this time has resulted in a global shortage of shipping containers, congested seaports, capacity constraints on vessels, and even lockdown in certain markets, amongst other challenges.” The furniture giant estimated that

By |2021-01-25T20:41:44+00:00January 25th, 2021|International, News|
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