Transolve Global | susan pop

27 Feb Interrupted Supply Chains and Increased Prices

Posted at 12:38h in Fees and Charges, Freight Forwarders, Freight Forwarding, Freight Rates, Global Trade, Red Sea, Shipping, Supply Chain, Update, Vessel Schedules by susan pop 0 Comments

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Due to ongoing disruptions due to issues such as the Suez Canal and geopolitical tensions, shipping liners are imposing surcharges and higher freight rates, which are having a disproportionately large cost impact on small volume shippers. Since major operators began rerouting via Africa's Cape of Good...

27 Feb Ruakura Port Welcomes First Trains

Posted at 12:36h in Global Trade, New Zealand by susan pop 0 Comments

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Ruakura Inland Port has welcomed its first goods train, signalling the transformation of freight movement across New Zealand’s Upper North Island. This new $60 million, nine-hectare customs-controlled cargo facility marks an exciting new opportunity for importers and exporters, saves up to 30% freight cost for cargo...

27 Feb New Zealand Dairy Exports Celebrate CPTPP Win Over Canada

Posted at 12:34h in Global Trade, New Zealand by susan pop 0 Comments

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A recent legal ruling has seen the Dairy Companies Association of New Zealand's (DCANZ) claim that Canada has failed to implement its dairy market commitments under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) validated. The panel of international trade law experts upheld NZ's claims...

27 Feb NSW Government Announces Port Botany Review and Reform

Posted at 12:32h in Australian Ports, Ocean Freight, Port Botany by susan pop 0 Comments

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The NSW Government has released the Final Report of the Independent Review on the Ports and Maritime Administration Act (the Act) and the Port Botany Landside Improvement Strategy (PBLIS). This report coincides with an announcement by the NSW Minister for Transport, Jo Haylen, of a policy...

27 Feb IFCBAA Calls For Australian Maritime Commission

Posted at 12:31h in Australia, Australian Maritime Commission, IFCBAA by susan pop 0 Comments

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The International Forwarders & Customs Brokers Association of Australia (IFCBAA) is calling for the establishment of a dedicated regulatory body: an Australian Maritime Commission. Outlined in a three-point plan, IFCBAA recommends that the regulatory body hold certain powers, which include, but are not limited to: stevedore...

27 Feb Panama Canal Update

Posted at 12:28h in Global Trade, Ocean Freight, Panama Canal by susan pop 0 Comments

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As a result of rains over the last quarter, the Panama Canal has revised its daily allowance to 24 vessels per day. At this point in time, the authorities of Panama Canal see no need for further vessel restrictions until at least April, when they...

27 Feb Red Sea Disruptions Persist

Posted at 12:27h in Freight Forwarding, Global Trade, Ocean Freight, Port Disruptions, Red Sea by susan pop 0 Comments

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As we enter the third month of attacks on commercial vessels, there remains no sign of an end to the deteriorating security situation across the Red Sea. With the situation expected to remain volatile for months, shipping lines are settling into their "new normal" of longer...

27 Feb VICT Terminal Closure Notice

Posted at 12:25h in Australia, Australian Ports, Blockade, Global Trade, Port Disruptions, VICT by susan pop 0 Comments

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As at the time of publication, the Victoria International Container Terminal (VICT) was forced to close on Wednesday 21st February with all bookings cancelled through to 9am Thursday 23rd February, resulting in a more challenging situation with regards to obtaining timeslots for imports, exports and...

15 Feb World Container Index Update

Posted at 11:01h in Fees and Charges, Ocean Freight, World Container Index by susan pop 0 Comments

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The Drewry World Container Index (WCI) has increased these past few weeks, but has overall experienced a drop of 28% when compared to the same period last year and is now 7% more than average 2019 (pre-pandemic) rates. The following trade routes all experienced an increase...

15 Feb Gate Fee Increase at Port of Oakland

Posted at 10:58h in Fees and Charges by susan pop 0 Comments

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The Port of Oakland has announced that due to rising operational costs they are adjusting their gate fees effective 1 March 2024. FOLLOW US FOR THE LATEST NEWS! Simply click here to follow our LinkedIn Company Page to stay up-to-date with the latest industry news that may impact your...

Author: susan pop

27 Feb Interrupted Supply Chains and Increased Prices

27 Feb Ruakura Port Welcomes First Trains

27 Feb New Zealand Dairy Exports Celebrate CPTPP Win Over Canada

27 Feb NSW Government Announces Port Botany Review and Reform

27 Feb IFCBAA Calls For Australian Maritime Commission

27 Feb Panama Canal Update

27 Feb Red Sea Disruptions Persist

27 Feb VICT Terminal Closure Notice

15 Feb World Container Index Update

15 Feb Gate Fee Increase at Port of Oakland