Price changes on Australian routes
Recently, Hapag-Lloyd's official website announced that from August 22, 2024, all container cargoes from the Far East to Australia will be subject to a peak season surcharge (PSS) until further notice.
Specific notice and charging standards: From China, Japan, South Korea, Hong Kong, CN and Macau, CN to Australia, effective from August 22, 2024. From Taiwan, CN to Australia, effective from September 6, 2024. All container types will increase by US$500 per TEU.
In the previous news, we have already announced that Australia's ocean freight rates have risen sharply recently, and it is recommended that shippers ship in advance. For the latest freight rate information, please contact Senghor Logistics.
US terminal situation
According to recent research from Copenhagen, the strike threat by dock workers at ports on the East Coast and Gulf Coast of the United States on October 1 could lead to supply chain disruptions until 2025.
Contract negotiations between the International Longshoremen's Association (ILA) and port operators have failed. The current contract, which expires on September 30, covers six of the 10 busiest ports in the United States, involving about 45,000 dockworkers.
Last June, 29 ports on the West Coast of the United States finally reached a six-year labor contract agreement, ending a 13-month period of stagnant negotiations, strikes and chaos in cargo outbound shipments.
Update on September 27:
According to reports from the US media, the Port of New York-New Jersey, the largest port on the East Coast of the United States and the second largest port in the United States, has revealed a detailed strike plan.
In a letter to customers, Bethann Rooney, director of the Port Authority, said that preparations for the strike are underway. He urged customers to do everything possible to remove imported goods before get off work on September 30, and the terminal will no longer unload ships arriving after September 30. At the same time, the terminal will not accept any export goods unless they can be loaded before September 30.
Currently, about half of the U.S. sea freight imports enter the U.S. market through ports along the East Coast and the Gulf Coast. The impact of this strike is self-evident. The general consensus in the industry is that it will take 4-6 weeks to recover from the impact of a one-week strike. If the strike lasts for more than two weeks, the negative impact will continue into next year.
Now that the East Coast of the United States is about to enter a strike, it means more instability during the peak season. At that time, more goods may flow to the West Coast of the United States, and container ships may be congested at the West Coast terminals, causing serious delays.
The strike has not started, and it is difficult for us to foresee the situation on the spot, but we can communicate with customers based on past experience. In terms of timeliness, Senghor Logistics will remind customers that due to the strike, the customer's delivery time may be delayed; in terms of shipping plans, customers are advised to ship goods and book spaces in advance. And considering that October 1st to 7th is China's National Day holiday, shipping before the long holiday is extremely busy, so it is very necessary to prepare in advance.
Senghor Logistics’ shipping solutions are professional and can provide customers with practical suggestions based on more than 10 years of experience, so that customers don't have to worry about it. Moreover, our full-process handling and follow-up can give customers timely feedback, and any situations and problems can be solved as soon as possible. If you have any questions about international logistics, please feel free to consult.
Post time: Aug-16-2024
