News – Euro Cargo

ECX Newsletter: Volume 52 – October 15, 2021

Posted On 15 Ott, 2021

Biden Announces Port Of LA Will Operate 24 Hours A Day In Effort To Ease Cargo Backlog In an effort to address the growing supply chain crisis caused by the cargo ship bottleneck, President Joe Biden announced Wednesday a deal in which the Port of Los Angeles will begin operating…..

Eurogram: The World’s Largest Ocean Carriers – INTERNAL MEMO

Posted On 13 Ott, 2021

A client asked me a question about the use of a carrier and in order to answer properly I did a little research. Enclosed is the information I gathered which I thought was interesting to share with all of our team. We have new staff that is not yet very…..

Eurogram: Welcome new team members in USA.

Posted On 06 Ott, 2021

Momodou D. McQueen III (Donald) Donald is currently working in our NY office as an Air Coordinator. He has a Bachelor of Business Administration (B.B.A.) in International Business. Receiving Honors/Awards: Dean’s List Fall 2020-Summer 2021 GPA: 3.50 He is pursuing his Masters of Business Administration at Hosfra University. ● Languages:…..

SEPTEMBER 30 | VOLUME 51

Posted On 06 Ott, 2021

Brewing fight over coastal infrastructure spending? Port of Los Angeles Executive Director Gene Seroka appeared on Bloomberg Television earlier this week to discuss what his port is doing to combat congestion while calling on the federal government to equalize spending on coastal infrastructure. According to Seroka, the US government has…..

Eurogram: LA/LB ports to test expanded night, weekend hours

Posted On 20 Set, 2021

Facing an unprecedented shipping crisis, the ports of Los Angeles and Long Beach on Friday announced their intent to extend operating hours at truck gates in an effort to reduce a massive backlog of containers gumming up retail, manufacturing and agricultural supply chains. The Port of Long Beach is drawing…..

September 17th, 2021

Posted On 17 Set, 2021

Violent storm flooded underpasses, roads, squares and other areas close to the cargo city in Malpensa, Italy. Late last night many calls to the emergency numbers were placed to request help from people trapped in their cars. The Fire Brigade rescued several people through the use of rescue boats. For…..

SEPTEMBER 16, 2021 | VOLUME 50

Posted On 17 Set, 2021

Two carriers say they'll stop with spot rates. Too little, too late. Both CMA-CGM and Hapag Lloyd think that they're doing the shipping community a favor by getting out of the business of issuing spot rates. CMA's reasoning, and we quote is, because, "The Group is prioritizing its long-term relationship…..

September 15th, 2021

Posted On 16 Set, 2021

Shanghai has been partially affected (latest weather report shows no direct hit) Xiamen is another major city/port in China closing for Covid-19 outbreak Both events will have a severe effect as both hit simultaneously and located in central China regions (its 2 major export ports). Typhoon Chanthu current status Breaking…..

September 13th, 2021

Posted On 16 Set, 2021

Flights and trains canceled in Shanghai as Typhoon Chanthu approaches..

September 11, 2021

Posted On 16 Set, 2021

September 10, 2021

Posted On 13 Set, 2021

READ AN ARTICLE FROM BLOOMBERG ON THE SUBJECT..

Vietnam government extends lockdown until September 15th.

Posted On 10 Set, 2021

We continue to monitor news from Vietnam and the government is taking steps to extend the lockdown on people and businesses through September 15th. According to reporting from the Canadian Broadcasting Corporation (CBC): " Hanoi, which has ordered people to stay at home and has halted all non-essential activities since…..

September 3rd, 2021

Posted On 05 Set, 2021

AUGUST 31, 2021 | VOLUME 49

Posted On 02 Set, 2021

White House puts forth Port Envoy for Supply Chain Disruption Task Force Last Friday, the White House nominated a former Obama-era DOT Deputy Secretary and COO as Port Envoy responsible for port, terminal and intermodal problems currently plaguing supply chains. The good news is that his background includes not just…..

URGENT SCAM ALERT TODAY

Posted On 26 Ago, 2021

TODAY WE CAUGHT SCAMMERS IN THE ATTACK We have been warning you of a possible SCAM that was the result of spoofing thus compromising some information details. They have tried to attack some of our customers and vendors today. PLEASE DO NOT CHANGE YOUR PAYMENT METHOD AND DISREGARD ANY EMAIL…..

SCAM ALERT

Posted On 20 Ago, 2021

This is a reminder of a previous communication sent. Please be alerted that our account has been compromised through Spoofing and you might receive an email indicating that our banking information has been changed, which would be fake. We will NEVER communicate changes regarding our bank account(s) via email. In…..

August 18th, 2021

Posted On 18 Ago, 2021

Please be alerted that our account has been compromised and you might receive an email indicating that our banking information has been changed, which would be fake. DO NOT MAKE ANY PAYMENTS TO A DIFFERENT BANK ACCOUNT. IF YOU NEED TO CONTACT US TO CONFIRM PLEASE CALL HERNANDO CORREA 718-978-0808.…..

AUGUST 16, 2021 | VOLUME 48

Posted On 18 Ago, 2021

IS 1,432% Y-O-Y PROFIT ENOUGH? That's what the Japanese carrier group Ocean Network Express announced at the end of July. For the first fiscal quarter, ONE recorded profit of $2.559 billion compared to $167 million posted in the same period last year. Admittedly, we know that time last year carriers…..

August 13th, 2021

Posted On 18 Ago, 2021

Asia Ports/Airport situation update- China ports disruptions CHINA OCEAN The situation remains serious as capacity is still lagging behind the demands, delay on ETD, port congestion and imbalance of equipment is affecting all the major Chinese ports. GRI 15 AUG implemented Congestion Surcharge postponed to 19 AUG. Surcharge on WC…..

August 2nd, 2021 | VOLUME 47

Posted On 12 Ago, 2021

The beauty of sport We're approaching the midway point of the Tokyo Olympics. Regardless of the ability of spectators to attend and cheer on the athletes, the commitment and dedication to all of the competitors to their sports through 2020 and 2021 to be there competing must be recognized. Thanks…..

FMC orders carriers to justify US port congestion surcharges

Posted On 12 Ago, 2021

Just two weeks after launching an audit of container lines, US maritime regulators have ordered eight carriers to show how congestion surcharges and other fees tied to the pandemic-driven supply chain disruption meet legal and regulatory requirements. Carriers have already begun levying a new wave of surcharges for August. The…..

JULY 15, 2021 | VOLUME 46

Posted On 21 Lug, 2021

Congratulations Italia! As the world watched the first 90 minutes, then the next 30 minutes, and finally the breath-holding, nail-biting penalty shootout, Italy came out ahead in the end. Considering that two countries where we have a presence - our home country of Italy as well as England, we know…..

OCEAN LINERS AND RAILS called out in Executive Order taking aim at the unfair competition

Posted On 14 Lug, 2021

Late last week, word began circulating that the President was planning to sign an Executive Order that would take some action on the pricing and service failures plaguing shippers. An Executive Order does not require Congressional approval. As such, what an E.O. is capable of doing is limited in scope,…..

Isolation of Ho Chi Minh City begins July 9th for fifteen days.

Posted On 12 Lug, 2021

In order to prevent the further spread of COVID-19 and the highly dangerous Delta variant, Vietnam's government is taking steps to reduce contact between people through a new wave of closures. Ho Chi Minh City is isolating for fifteen days beginning today, July 9th. The directive does not close workshops…..

ECX Newsletter: Volume 45, June 30, 2021

Posted On 02 Lug, 2021

Vietnamese all-cargo airline ready for take-off We are extremely excited that IPP Air Cargo is planning to launch with a domestic air cargo service connecting more Vietnamese markets. The airline plans to start with five freighters in year one and hopes to be to 10 by year 3. With foreign…..

Happy Anniversary to our Canada and Vietnam teams

Posted On 02 Lug, 2021

On this blissful and charming day of your corporate anniversary may you continue the journey of success with pride! CHEERS!..

ECX Newsletter: Volume 44, June 15, 2021

Posted On 16 Giu, 2021

Yantian and surrounding ports the new global pinch point The closure by Chinese authorities at the end of May and the continued slow-walk of full service at the terminals in Yantian, Shekou and Chiwan mean only one thing - the delays at US and European ports have now reached back…..

Footwear importers take note and write the USTR and Congress.

Posted On 27 Apr, 2021

FROM CIFFA Daily News and Updates Ocean Updates Breaking News: Longshoremen’s union local 375 gives 72 hour strike notice Economic Recovery Imperilled by Port Labour Dispute, Says CIFFA Updates from Maritime Employers Association and Longshoremen's Union Ocean Updates Breaking news: Longshoremen’s union local 375 gives 72 hour strike notice. The…..

ECX CHINA – Chinese New Year, Spring Festival or the Lunar New Year

Posted On 02 Apr, 2021

Chinese New Year is also known as the Spring Festival The Chinese New Year is also known as the Spring Festival because the holiday marks the end ofthe coldest days. People welcome spring and what it brings along: planting and harvests, new beginnings, and fresh starts. Why is the Chinese…..

Tet Holiday – Everything about Vietnamese New Year 2021

Posted On 02 Apr, 2021

Tet holiday – Vietnamese Lunar New Year or simply TET is the most significant festival inVietnam. As a result of being calculated by the lunar calendar, the Tet festival often occurs atthe end of January or the beginning of February, which is later than New Year’s Day. Tet festival 2021…..