Transolve Global | susan pop

14 Jul VICT raises infrastructure charges per container

Posted at 15:19h in Australia, Australian Exports, Australian Imports, Fees and Charges, VICT by susan pop 0 Comments

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Victoria International Container Terminal (VICT) has announced an increase to their infrastructure charge per full container, effective from 1 July onwards. This charge will apply to full import and export containers and will help VICT maintain and enhance their efficiency as they have continued to deliver a sub 37-minute...

14 Jul Will I see you at the International Bulk Wine & Spirits Show?

Posted at 15:17h in Event, Global Trade, Rachael Budd by susan pop 0 Comments

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Rachael Budd, CEO of Transolve Global, will be attending the upcoming International Bulk Wine & Spirits Show in San Francisco on 23-24 July at the South San Francisco Conference Center. Reach out and let us know if you'll be there, Rachael would love to see...

14 Jul Port of Baltimore open

Posted at 15:16h in Global Trade, Port of Baltimore, USA by susan pop 0 Comments

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This past week has seen the official re-opening of the Port of Baltimore. With $37 million in state-approved relief for business and workers impacted, thousands of jobs have been protected whilst more than 50,000 tonnes of bridge wreckage was cleared from the water. As cargo begins to...

14 Jul Sailings diverted in anticipation of Canadian rail strike

Posted at 15:14h in Canada, Global Trade, Rail by susan pop 0 Comments

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With stalled industrial negotiations between Canadian National Railway (CN) and Canadian Pacific Kansas (CPKC) and the Teamsters Canada Rail Conference (TCRC) and ongoing delays of both strike action and government intervention, this ongoing uncertainty has pervaded both the negotiations and reliability of the rail logistics...

14 Jul Long Beach volumes continue to grow

Posted at 15:13h in Global Trade, USA by susan pop 0 Comments

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April marked the eight consecutive month of year-over-year growth at the USA's second busiest seaport, the Port of Long Beach with over 750,000 TEUs moved throughout the month. The first four months of 2024 has seen the port move 2,753,244 TEUs, up 15.8% from the same...

14 Jul Biden applies US tariffs on wide array of Chinese imports

Posted at 15:10h in China, Customs Tariff, Global Trade, USA by susan pop 0 Comments

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As part of his election campaign, U.S. President Joe Biden has announced steep tariff increases to a wide array of Chinese imports, which has seen China state their opposition and intention to defend its own interests. These new tariffs affect $18 billion in imported Chinese goods...

14 Jul Construction causes congestion at DP World Melbourne Terminal

Posted at 15:09h in Australia, Dp World by susan pop 0 Comments

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Construction work underway to reconfigure landside truck grids within the Terminal has removed approximately 35% of the landside capacity at DP World's West Swanson Terminal in Melbourne, resulting in extreme congestion. This has been compounded by a heavy volume of arriving vessels, which is symptomatic of...

14 Jul World Container Index Update

Posted at 15:07h in Freight Rates, Global Trade, World Container Index by susan pop 0 Comments

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The latest Drewry World Container Index (WCI) increased by 2% to US$4801 per 40-foot container this week, which is 238% higher than average 2019 (pre-pandemic) rates of US$1420. The average composite index for the year to date is US$3443 per 40-foot container, which is $707 higher...

14 Jul The Red Sea continues to reverberate across the supply chain

Posted at 14:51h in Freight Rates, Global Trade, Red Sea by susan pop 0 Comments

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The complexity of the situation in the Red Sea, a critical route for approximately 30% of the world's container traffic, has continued to cause disruption on a global scale. Furthermore, the combination of the challenges across both the Red Sea and Suez Canal over the recent...

14 Jul Severe congestion at Port of Singapore

Posted at 14:48h in Global Port Update, Port of Singapore by susan pop 0 Comments

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Increasing wait times for berths at Singapore, as well as omitting the port in the face of a worsening logjam at Southeast Asia's leading gateway, has seen the Port of Singapore reach a critical level of congestion and mass delays. This cascading of disruption, caused by...

Author: susan pop

14 Jul VICT raises infrastructure charges per container

14 Jul Will I see you at the International Bulk Wine & Spirits Show?

14 Jul Port of Baltimore open

14 Jul Sailings diverted in anticipation of Canadian rail strike

14 Jul Long Beach volumes continue to grow

14 Jul Biden applies US tariffs on wide array of Chinese imports

14 Jul Construction causes congestion at DP World Melbourne Terminal

14 Jul World Container Index Update

14 Jul The Red Sea continues to reverberate across the supply chain

14 Jul Severe congestion at Port of Singapore