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Holiday Notice - Anniversary days

T&M Forwarding is going to reach 21 years anniversary on this June. We would like to express our thanks for your kind cooperation and valued support to us.

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
Danang (236)
358 3686
358 3686
Haiphong (225)
382 1275
382 1276
Hanoi (24)
3514 7047
3514 7047
Saigon (28)
3899 8696
3899 8699

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).
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.
The World Container Index of spot prices on the trade from Shanghai to Rotterdam, which is compiled by Drewry and the Cleartrade Exchange in Singapore, increased to $3,378 per 40-foot equivalent unit from $3,249 per FEU on April 26.
Carriers in the key Asia-Europe head-haul trade had announced GRIs of about $400 per TEU (or $800 per FEU) as of May 1.
The index shows carriers were able to enforce the majority of the requested price increases that Bimco says are lifting them back to profitability in that trade.
The rise in Asia-to-Europe spot rates represents the third large rate increase in as many months, adding further upward pricing pressure on shippers. But Drewry expects spot prices to ease as weakening vessel utilization impacts the sustainability of current rate levels.
“Tighter capacity has enabled lines to press ahead with aggressive rate restoration programs,” Drewry’s freight rate research manager Martin Dixon said.
But Dixon said the rally in rates may be losing steam. “We do not expect Asia-to-Europe freight rates to increase further. Some carriers are already offering pricing reductions on cargo bookings for later in the month, indicating that the market may now have peaked.”

Source: JOC

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.:: Other news:

  Trans-Pacific Spot Rates Hold Most Gains
  FMC Chairman Seeks NVO Reform
  T&M expands into Turkish market
  Asia-Europe Spot Rates Skyrocket 88 Percent
  G6 Alliance Speeds Up Asia-Europe Service Launch
  Popularity of of index-linked service contracts
  T&M Forwarding expands in the Central of Vietnam

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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
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