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Asia-Europe Spot Container Rates Jump Average spot rates on the westbound Asia-Europe trade spiked 19 percent on May 3, an increase of $629 per 40-foot container, which means that carriers got most of the general rate increases they implemented on May 1.
Trans-Pacific Spot Rates Hold Most Gains

Trans-Pacific spot rates eased slightly this week after their 19.9 percent spike last week, which followed carriers’ mid-month general rate increases.
FMC Chairman Seeks NVO Reform Federal Maritime Commission Chairman Richard Lidinsky Jr. said he hopes the FMC can move quickly on a “top-to-bottom” modernization of rules covering non-vessel-operating common carriers.
T&M expands into Turkish market T&M Forwarding and its long standing strategic partner Genel Transport have launched new service between Vietnam and Turkey. The two partners target to become the main player in this trade lane with focus on textile, garment, shoes and foodstuff, etc.
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The history of T&M Forwarding Ltd. was dated back to early of 1996 when a team of young yet innovative professionals led by our present Chairman and CEO has started a company to provide niche services FCL and Groupage Services to Eastern Europe as well as Consolidation to Singapore.
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Asia-Europe Spot Container Rates Jump
Average spot rates on the westbound Asia-Europe trade spiked 19 percent on May 3, an increase of $629 per 40-foot container, which means that carriers got most of the general rate increases they implemented on May 1.
details
Trans-Pacific Spot Rates Hold Most Gains

Trans-Pacific spot rates eased slightly this week after their 19.9 percent spike last week, which followed carriers’ mid-month general rate increases.
details
FMC Chairman Seeks NVO Reform
Federal Maritime Commission Chairman Richard Lidinsky Jr. said he hopes the FMC can move quickly on a “top-to-bottom” modernization of rules covering non-vessel-operating common carriers.
details
T&M expands into Turkish market
T&M Forwarding and its long standing strategic partner Genel Transport have launched new service between Vietnam and Turkey. The two partners target to become the main player in this trade lane with focus on textile, garment, shoes and foodstuff, etc.
details

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( Ho Chi Minh Head Office )
International Business Center, 5/F
1A Me Linh Square, District 1,
Ho Chi Minh City - VIETNAM
Tel: +84 (8) 3822 0038
Fax: +84 (8) 3822 0040
Efax: 1 310 388 1448
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INDUSTRY NEWS
FAA to Reconsider Cargo Pilot Fatigue Rule
Russia’s Summa Close to $1 Billion Fesco Deal
House Watchdog: FMC ‘May Be Agency in Crisis’
Asia-Europe Spot Rates Slip
OOCL to Implement Europe-Asia Rate Hike
Maersk’s Rates in Latin America Trade to Escalate
PNW Ports Building on Reliability
2012 Trans-Pacific Service Contracts Squeeze NVOs
Shipper-Carrier Saber Rattling Continues
Intermodal Volume Rises 3 Percent on Major US Rails
Cargo heads ‘optimistic’ about future
Emirates’ new Vietnam cargo service
Nokia cell shipments dive 27 per cent
Cargojet Airways’ new Cologne service
Emirates SkyCargo wins CAY 2012
Canadian Pacific Announces Board and Management Changes
Maersk Announces Q1 Financial Results
Financing for UPS Offer to TNT Express in Place
Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity
CEVA Group plc Results for the first Quarter ended 31 March 2012
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