
Freight Market Update: July 17, 2019
Ocean and air freight rates with trucking and customs news for July 17, 2019, as Panama Canal drought restricts vessels and LA/Long Beach fees rise.

Ocean and air freight rates with trucking and customs news for July 17, 2019, as Panama Canal drought restricts vessels and LA/Long Beach fees rise.

Ocean carriers prepare for the 2020 IMO low-sulfur fuel mandate adding $50 billion in costs, while Hapag-Lloyd joins a shipping blockchain initiative.

The US slaps duties over 400% on Vietnam steel routed to dodge tariffs, while looming Brexit uncertainty pushes shippers to drop the British flag.

Maersk launches its Spot no-roll guarantee product while Panama Canal draft limits tied to Gatun Lake levels restrict vessel weights this week.

Hari Raya holidays may delay shipments across Indonesia, Malaysia, and Singapore, while Panama Canal draft restrictions affect vessel weights this week.

The Hari Raya holiday may delay June shipments across Southeast Asia, while Panama Canal draft restrictions limit vessel weights amid low Gatun Lake levels.

Hari Raya holiday closures threatened June shipping delays across Southeast Asia while Panama Canal draft limits forced vessels to carry lighter loads.

The BCMEA announces a lockout across all British Columbia ports while the Hari Raya holiday threatens shipping delays across Indonesia, Malaysia, and Singapore.