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Singapore Port Faces Major Congestion as Global Shipping Chain Tested

(Local time, Monday) Maersk, one of the world’s shipping giants, announced that due to strong demand in the container market and ongoing chaos from the Red Sea crisis, signs of further congestion are emerging in global ports, especially in Asia and the Middle East. Singapore, one of the busiest ports in the world and a …

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Important Notice Regarding Unclaimed Packages – 03/24/2024

Dear Valued Customers, We are dedicated to providing top-notch services to each of our clients. In order to optimize warehouse space usage and safeguard our clients’ interests, we have several packages that have been stored in our warehouse for over a year. Unfortunately, we have been unable to contact the owners (our clients) of these …

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Escalating Tensions in the Red Sea: Impact on Global Shipping and Suez Canal Fees

Since November last year, Houthi rebels have launched at least 60 attacks on the Red Sea shipping route, continuously affecting global maritime transport. Additionally, the Suez Canal recently announced the imposition of an additional fee of at least $3,500. On March 12th local time, the Houthi rebels in Yemen declared that they had fired multiple …

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China Shipping, Mærsk, ship

Price increases fail, fares continue to fall on multiple routes!

Price increases fail, fares continue to fall on multiple routes! Shipping companies have increased fares four times since July by reducing sailings and cutting capacity, but due to weak global economic demand, the market recovery has been slower than expected. On August 24, the World Container Index (WCI) announced a 3.5% decrease, and the Shanghai …

Price increases fail, fares continue to fall on multiple routes! Read More »

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Asia-US container shipping volume decreased by 20%, Efficiency of major ports in Europe and America improved!

NO.1: Asia-US container shipping volume decreased by 20%  According to data released on June 19th, the volume of container shipments from Asia to the United States in May was 1,474,872 (calculated in 20-foot equivalent units), a decrease of 20% compared to the same period last year, with a decrease similar to that of 19% in …

Asia-US container shipping volume decreased by 20%, Efficiency of major ports in Europe and America improved! Read More »

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Understanding Import and Export Logistics

In this edition of our Q&A series, we cover some commonly asked questions regarding import and export logistics. China Consign specializes in assisting clients worldwide with direct purchase of goods from China, cutting out intermediaries to provide cheaper and high-quality products. We offer a Chinese shipping address, package consolidation, and international transport services. Our partnerships …

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China Consign Continues to Offer Cost-Effective Shipping Options as Freight Costs Rise

As global shipping companies continue to cancel sailings and increase fees due to factors such as fuel cost increases, international purchasing and shipping service provider China Consign offers a solution for customers looking to avoid the added costs. By allowing customers to purchase goods directly from China and providing consolidation and storage services, China Consign …

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China Shipping, Mærsk, ship

Focus on Major Logistics Events! Tightening Trade Results in Tariff and Freight Rate Increases in Many Places?

Today we will summarize the hot logistics news of the week, to facilitate the observation of industry trends and make adjustments to current industry strategies. Let’s take a look together. 01✦ Airline freight rates soar, bleak prospects for the US route in the second half of the year The Persian Gulf and South American routes saw strong …

Focus on Major Logistics Events! Tightening Trade Results in Tariff and Freight Rate Increases in Many Places? Read More »

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