Air cargo enters 2024 with cautious optimism after December demand and rates boost
2024 may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a +9% year-on-year…
[Freightos Weekly Update] Ocean rates spike as Red Sea diversions continue
The international naval presence in the Red Sea has not deterred Houthi attacks, which continued into the new year.
US becomes top LNG exporter after overtaking Australia and Qatar
The US has become the world’s biggest exporter of liquefied natural gas for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.
MSC local demurrage charges update scope: Export USA & Puerto Rico to Mexico
MSC Mexico is doing some changes in the demurrage rate scheme applicable to shipments with arrival date at Mexican ports starting on February 1, 2024.
MSC BRC - scope: Import Mexico and Canada to USA & Puerto Rico beginning February 1st
MSC informs IMPORT from MEXICO & CANADA to USA & PUERTO RICO, the BRC will remain same levels effective February 1st, 2024.
MSC GRI - scope: Import Middle East / Indian Sub-Continent to USA starting February 1st
Mediterranean Shipping Company has filed and will implement the following General Rate Increase (GRI) effective February 1st, 2024, as below.
MSC BRC - update scope: WCSA to USA starting February 1st
Effective February 1st, 2024, MSC Bunker Recovery Surcharge (BRC) will be applicable as follows:
MSC PSS - scope: Import Middle East / Indian Sub-Continent to USA starting January 29th
Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective January 29th, 2024, with the following quantum and effective date…
MSC GRI - scope: Import Middle East / Indian Sub-Continent to USA starting January 29th
Mediterranean Shipping Company has filed and will implement the following General Rate Increase (GRI) effective January 29th, 2024, as below.
India truckers call off strike after talks with Modi government
A union of truck and bus operators in India has asked members to end their two-day-old strike after Prime Minister Narendra Modi’s government assured them…
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