Home About us News Core Services Solutions Resources Contact us
     
News
Job opportunities
 
Seafreight
Airfreight
Logistics
NEWS
Holiday Notice - National Day

Our office will be closed on Sat, Sep 2 nd , 2017 and resume normal work on  Tue, Sep 5 th, 2017 due to our National Day. Taking this opportunity, we like to thank all our customers, business partners for your valuable supports ...

Changing to new area codes for landline phones in Viet Nam
Effective by the below scheduled, our offices will change the area code of their landline phones

VP Tel Fax From
(2017)
Danang (236)
358 3686
(236)
358 3686
27/02
Haiphong (225)
382 1275
(225)
382 1276
15/04
Hanoi (24)
3514 7047
(24)
3514 7047
17/06
Saigon (28)
3899 8696
(28)
3899 8699
17/06

Sales Logistics Career opportunities for those young people who are energetic, creative, competent and desire to work in a professional environment in which human factors are considered valuable assets.
ANNOUNCEMENT OF CLM CERTIFICATION (CLM-079) We pleased to announce that our Documents Team Leader – Pham Thanh Hoai - has certified for the “Certificated Logistics Master Program” – funded by the Mekong-Republic of Korea (ROK) Cooperation Fund (MRCF).
INTERNATIONAL NETWORK
NEWS » News
Asia-Europe Spot Rates Skyrocket 88 Percent


A key Asia-Europe freight index has soared 88 percent in the past week, boosting carriers’ hopes steep rate hikes introduced Thursday will stick even as cargo growth slows on the world’s biggest trade lane.
 
The rate to ship a 40-foot container from Shanghai to Rotterdam rose to $2,732 Thursday from $1,456 on Feb. 23, according to the World Container Index.
 
All major carriers have increased westbound rates by $700 to $800 per 20-foot container on the westbound leg and are some have followed market leader Maersk Line’s decision to apply a second increase of $400/TEU on April 1.
 
Analysts say carriers success in making the higher rates stick depends on their ability to maintain discipline over capacity in the next few months. While carriers have removed around 14 percent of capacity since last June, they are likely to restore much of the withdrawn capacity by the summer.
 
The decision by Maersk, the world’s largest container carrier, to pull capacity from the Asia-Europe trade was an important factor in this week’s large rate increase.

However, other lines, either individually or through vessel-sharing arrangements, must also withhold capacity if the rate increases in the Asia-Europe trade lane are going to stick.

Meantime, carriers represented by the Transpacific Stabilization Agreement last month announced their intention to implement a GRI of $300 per-FEU effective March 15.  The March increase would be followed by another GRI around May 1 when many of the new 2010-13 contracts in the trans-Pacific will take effect.
 
Source: JOC




Print version Send to friend

.:: Other news:

  G6 Alliance Speeds Up Asia-Europe Service Launch
  Popularity of of index-linked service contracts
  T&M Forwarding expands in the Central of Vietnam



FEATURED SERVICES
e-Business Portal
CONTACT US
T & M Forwarding Ltd.
( Ho Chi Minh Head Office )
Pearl Plaza Office Tower, 17/F
561A Dien Bien Phu St.,
Ward 25, Binh Thanh District
Ho Chi Minh City - VIETNAM
Tel: +84 (28) 3899 8696
Fax: +84 (28) 3899 8699
info@tmforwarding.com
Branches »
Sales Division
Hochiminh Hanoi
sharon.thu1305
Haiphong Danang
kellydung82
Dalat General
chilovely1080
INDUSTRY NEWS
Record monthly US imports forecast for August
Cyber attack highlights maritime security limitations
Testing the limits of cyber security
Proliferation of shipping data raises questions of ownership
Project cargo shippers, carriers pin hopes on Ex-Im Bank
Rocketing air cargo volume keeps up rate pressure
Asia-Europe air cargo rates set to soar on ocean shift
Global air cargo hits seven-year peak
IAG cargo, revenues grow
No slowdown in strong air cargo demand, June figures show
Forwarders look to secure airfreight capacity for busy peak
Trinity and Etihad launch B777F to Hanoi from Ohio
Tiaca launches drive for air cargo quality standards
WFS calls in Allot to fix IT network congestion
Second Super Hercules commercial freighter takes to the skies
The 4th Annual Asia- Pacific 3PL and Supply Chain Summit
Insight from CSCMP
How Healthy are the Freight Forwarders?
Supply Chain As A Retail Channel
Supply Chain Summit: Chicago

Visitors: