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The demonstrators call for the ousting of Prime Minister Prayut Chan-o-cha and reforms to King Maha Vajiralongkorn's monarchy. New blank sailings announced by THE Alliance in week 46 and 48 on the AL1 and AL4 service to US East Coast and Gulf destinations, a reduction of approx. OCEAN FREIGHT MARKET UPDATE - JUNE 2020. PBA’s revenues had picked up, but the virus continues to rage in the US and its European export markets. DHL’s January Ocean Freight Market update observed that in 2019, the average yard stay for ships undergoing scrubber retrofits reached 59 days, with 17 percent of these ships taking longer than 80 days to complete their retrofits. EU to SFO, in particular, saw peak rates, while rates to JFK & LAX also increased. Recommend diverting to other UK ports with fewer problems. transshipment, inland move to US West Coast). Moreover, another method called the SWOT analysis is also used that helps to identify and underline the main strengths, weaknesses, risks, and opportunities. The global Recruitment market is valued at million US$ in 2020 and will reach million US$ by the end, Global Ocean Freight Forwarding Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. k�`k ��s� T�b�H The well-established players in the market: Kuehne + Nagel, DHL Group, DB Schenker Logistics, GEODIS, Nippon Express, Damco, KWE, Hitachi Transport, China Airlines Cargo, FedEx Express, UPS Airlines, Cathay Pacific Cargo, Korean Air Caro. 9 0 obj For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1472809 Many drivers found other careers at the height of COVID-19. China and SE Asia running well above average. Shipping consultancy Drewry, meanwhile, forecasts world container port throughput to grow 3.3 percent in 2020, up from an estimated 2.3 percent last year. Preparing for Peak Season 2020 with coronavirus. “A swift and amicable end to the U.S.-China trade dispute has the potential to give the global economy a boost,” said Simon Heaney, senior manager, container research at Drewry. Asia-Europe Growth Aggravates Box Shortage, will impose tariffs on $4B of U.S. imports, letter from CTPAT director Manual A. Garza. For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1473029 It observed that low sulfur surcharges applied by lines on the Far East to North Europe route from the start of December last year ranged from US$71 (€63) per twenty-foot equivalent unit (TEU) to US$135 per TEU. On October 19th, the United States and Brazil signed a new protocol, updating the 2011 Agreement on Trade and Economic Cooperation (ATEC) with three annexes for Customs Administration and Trade Facilitation, Good Regulatory Practices, and Anticorruption. Capacity is scarce and only available at the highest price points as airlines seek to maximize their Q4 revenue. Rates: Steady from North Europe base ports, Increase from Turkey origins ($100-200/box) According to Alphaliner, the active fleet would grow by over 5 percent in the second half of the year due to the combined impact of new ship deliveries and the return of the retrofitted ships. �"����h�XA���L��#�� �7"�F((/��?Ȼ�D���wv�gvv������ܹ�9�9�M$*-��d� endstream GRI October 1: Implemented Capacity: Recommend advanced booking notice 21 days prior to CRD By the product type, the market is primarily split into: By the end-users/application, this report covers the following segments: Agricultural, Automotive, Beverage , Electronic, Other, Geographically, the global Ocean freight and Air freight market is segmented into North America (United States, Canada, Mexico), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam), Europe (Germany, France, UK, Italy, Russia, Rest of Europe), Central & South America (Brazil, Rest of South America), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa), ACCESS FULL REPORT: https://www.magnifierresearch.com/report/global-ocean-freight-and-air-freight-market-size-28333.html. Furthermore, this report introduces a market competition situation among the vendors and company profile, besides market price analysis and value, Recruitment Market 2020 by Shares, Size, Growth with Major Eminent Players and G …, Recruitment Market report presents the size of the market by carrying out the valuation in the constrained time period. <> In some cases, carriers continue to prioritize empty containers over certain goods, especially when delays due to port congestion can cause ships to miss berthing space further along the route. All rights reserved. 30 0 obj �G1@{݄0�{��d��N���� �#�K[�:�x��!U��� ����y�m���{M��q�V����V�{���a?s�drx�1�. Also, different perspectives on the global Ocean freight and Air freight market have been provided in the market. EU Raises $4B Worth of Tariffs on U.S. Goods. Capacity: Recommend advance booking notice at least 21 days prior to CRD. 2 Contents TOPIC OF THE MONTH IMO 2020 regulation effective 1st January 2020 HIGH LEVEL DEVELOPMENT MARKET OUTLOOK Freight Rates and Volume Development ECONOMIC OUTLOOK & DEMAND DEVELOPMENT CAPACITY DEVELOPMENT CARRIERS REGULATIONS ? Magnifier Research is a leading market intelligence company that sells reports of top publishers in the technology industry. Our experts have extensive experience in the topics that they cover. The latest market report namely Global Ocean freight and Air freight Market Size, Status and Forecast 2020-2026 offers an overall study on the market covering market share, size, growth aspects, and main players. Customs brokerage services are provided by Flexport’s wholly-owned subsidiary, Flexport Customs LLC, a licensed customs brokerage with a national permit. endobj From an initial analysis, there appeared to be no correlation between the relative efficiency of the various carriers based on the average size of vessels deployed and the surcharge applied by carriers, according to the update. The login email and password combination you entered do not match our records. Capacity on the TAWB is highly constrained. There is still severe equipment shortage and it is necessary to be flexible on equipment substitution where possible (40’ST and 40’NOR instead of 40’HC). Asia-Europe Growth Aggravates Box Shortage As container volumes rise from Asia to Europe, new growth exacerbates an existing equipment shortage, according to the Journal of Commerce. endobj GRI October 15: Partially Implemented / Some extensions by carriers, Capacity: Recommend advance booking notice at least 21 days prior to CRD. endobj 19 0 obj Customization of the Report: https://www.orianresearch.com/request-sample/1461490, https://www.orianresearch.com/enquiry-before-buying/1461490, https://www.orianresearch.com/checkout/1461490, Zehra Spindler, Calypso Now! Reviewed: March 25, 2020 Customs brokerage services are provided by Flexport’s wholly-owned subsidiary, Flexport Customs LLC, a licensed customs brokerage with a national permit. <>>>/Length 54>> The latest market report namely Global Ocean freight and Air freight Market Size, Status and Forecast 2020-2026 offers an overall study on the market covering market share, size, growth aspects, and main players. Ever since records were kept from the late 18th century, atmospheric CO2 levels have risen almost 40% with average global temperatures up, Superyacht Stampede at Gibraltar’s Ocean Village, As proof that Gibraltar’s Ocean Village is a superyacht magnet, this week a sextet of heavyweight vessels cruised in all requiring berths. min read1 min Share on Facebook Share on Twitter Share on Linkedin. There is an exception: vessels fitted with Exhaust Gas Cleaning Systems (EGCSs), also known as scrubbers, are allowed to continue burning HSFO. <> I agree to the storing and processing of my personal data by Flexport as described in the Terms of Service and Privacy Policy. ����X�p@����l��� M��Ƌd�E��:/��G�x��7�ltkR`��^p0:�v��M|hqR-V�n3��n9e�)����*H$]C2���Goz\RrX�tQ��Y�ǪVr_�/�)�3]��~i%�TZ�y_M�M%ܦ�c�{lxg��A��;yH��E�\Yһiop\/)��"x]+�"��.�;eQZf9K��mv1�� 8 0 obj 17 0 obj <> Other goods such as tobacco, food products, and agricultural machinery will have a 25% tariff levied against them. 6 0 obj CTPAT is a voluntary public-private sector partnership program where importers comply with certain supply chain security measures set by CBP in exchange for a variety of benefits including reduced numbers of CBP examinations and faster cargo inspections. The build-up to the IMO 2020 fuel regulation was a lengthy one, with the debate over who should bear the extra fuel costs going right down to the wire. Chassis availability is tight at most major ports and rail ramps. Chassis availability is tight at most major ports and rail ramps. While freight rate and low sulfur fuel surcharge volatility are expected to continue in the first six months of 2020, the outlook for container shipping supply and demand appears more benign. But PVG-EU remains stable while at a high level. Less blank sailings announced, but some still in place. Notes: Carrier equipment shortages and capacity constraints are at all-time difficult levels. Sign up for a Flexport account or ask to see our platform in action. Last October, in response to state aid for Airbus, the WTO granted the U.S. the right to impose tariffs on $7.5 billion worth of EU goods. endobj GRI December 1: Likely implemented ex Turkey origins, Capacity: Recommend advanced booking notice 21 days prior to CRD. © 2004 - 2020 openPR. The Ocean Freight Forwarding Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status. CTPAT Defers On-Site Validations Until End of 2020. On October 10th, President Donal Trump issued a proclamation revoking the exclusion of bifacial panels from safeguard tariffs on solar panels. The tariffs will include a 15% duty on imports of all Boeing models, which will make up 44% of the $4B tariff imposition. GRI November 1: Unlikely Implemented <> 20 0 obj Ongoing congestion at the Ports of LA/LB. Goods can be transported by road under a single regime, subject to existing border measures imposed during the Covid-19 pandemic. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry. <>/Pattern<>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 405] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> This information is provided to our community for informational purposes only, and we do not accept any liability or responsibility for reliance on the information contained herein. Additionally, the analysis also comprises a comprehensive review of the crucial players on the market along with their company profiles, SWOT analysis, latest advancements, and business plans. Situation in EU similar to previous weeks: China A local COVID-19 case was confirmed in Shanghai on Monday, according to the city's epidemic prevention and control agency's press conference. <> stream The notice also makes a request for comments on any tariff/product tied to the COVID … 18 0 obj endobj The November 4th edition of the weekly Customs Bulletin, Vol. [. Brazil is currently the 14th largest trading partner of the U.S. Ocean and air freight rates and trends; customs and trade industry news plus Covid-19 impacts for the week of October 20, 2020. DHL’s January Ocean Freight Market Update noted that since surcharges became effective last December, most carriers have failed to adequately explain how they calculate surcharges. 40’ container shortages reported at Detroit and Minneapolis rail ramps. Tight capacity on the TAWB with rates remaining at high levels. endobj Pre-booking is needed and longer transit times are to be expected. Despite potential delays and high freight shipping costs, there are a few steps importers can take right now: How to navigate the current freight market: In the UK, carriers are looking to reduce cargo into Felixstowe due to congestion and haulage limitations. MARKET OUTLOOK OCTOBER 2020 OCEAN FREIGHT RATES –OTHER MAJOR TRADES DHL Global Forwarding | OFR Market Update | October 2020 7 Source: DHL Slight rate increases in Q4/2020, plus a moderate BAF increase.

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