Burst! North America recently suspended 67 flights! The freight rate has risen sharply!



Burst! North America has recently suspended 67 voyages, and the schedule has been seriously delayed! Shipping company adjusts multiple voyage schedules! Soaring 450%! The freight rate has risen sharply! The terminal strikes, the port ceases operations...
Burst! North America has recently suspended 67 voyages, and the schedule has been seriously delayed! Shipping company adjusts multiple voyage schedules! Soaring 450%! The freight rate has risen sharply! The terminal strikes, the port ceases operations...

Recently, news of logistics delays caused by congestion in North American ports and excessive waiting time for container ships has emerged one after another. Shipping companies have adjusted multiple voyage schedules when their capacity is insufficient and cannot meet all needs, hoping to reduce the impact on the logistics market.

As of now, a total of 92 voyages have been suspended from Asia to North America/Europe from April to May 2021 (that is, the first port of departure is within 9 weeks of weeks 14-22).

The Port of Montreal’s Dockers’ Association stated that they will start an indefinite strike on Monday, April 26, which is the latest escalation of the current labor dispute. Some Amazon warehouses in Canada are closed.

The epidemic situation in India is seriously out of control. The number of confirmed cases exceeds 300,000 every day. Oxygen and crematoriums are not enough. Some ports have begun to announce the suspension of operations, and freight forwarders have issued the highest level of warning!
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The shipping schedule was seriously delayed, and the shipping company adjusted the schedule for multiple voyages

On April 22, Maersk issued an announcement stating that due to continued congestion at North American ports, the schedule of its trans-Pacific route was severely delayed. In addition, congestion in Asian ports, bad weather, and congestion on the Suez Canal have exacerbated the situation.

This directly led to an increase in ship turnaround time by 2 to 3 weeks compared to the normal situation, making the interval between some voyages departing from Asia more than 7 days.
Maersk Announcement In the announcement, Maersk announced the adjusted voyages, including related voyages on 10 trans-Pacific routes, involving ports such as Qingdao, Ningbo, Yantian, Nansha, Xiamen, and Hong Kong. The voyage adjustment will be implemented from May.
However, trans-Pacific routes such as TP6, TP10, and TP88 will not be affected by this adjustment for the time being.
The specific adjustments are as follows:
The 2M alliance partner Mediterranean Shipping also added that the current market challenges have affected port operations, leading to increased port congestion and shipping delays, so the following routes have been adjusted.
In view of this, the 2M Alliance decided to adjust the related voyages of 10 trans-Pacific routes, involving Qingdao, Ningbo, Yantian, Nansha, Xiamen, Hong Kong and other Chinese ports, starting from May this year.

The specific adjustments are as follows:
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67 recent suspensions in North America

According to the data of easy shipping schedule, as of now, from April to May 2021 (that is, the first port will depart from the 14th to 22nd week and the total 9 weeks), there are a total of 92 voyages suspended from Asia to North America/Europe. Among them: the United States There were 48 voyages in the West, 19 voyages in the East of the United States, 15 voyages in Northern Europe, and 10 voyages in the Mediterranean.
From the perspective of the alliance, the THE alliance has suspended 47 voyages, the Ocean Alliance has 21 voyages, the 2M Alliance has 16 voyages, and other independent routes have 8 voyages.
Recent suspension of the three major alliances:

Soaring 450%, freight rates soaring
Demand in the U.S. market is booming, the air cargo market is "completely crazy" and freight rates are "astonishing", and routes into the United States are particularly affected.
The volume of the Chinese market is increasing crazily every week, and in terms of freight rates, the US market is the worst. The price from Hong Kong to the US will soon exceed US$13/kg.
As usual, the high yield in the United States has attracted airlines to choose this route. And because the capacity is arranged on the higher-yield U.S. line, other regions will suffer losses. International air cargo companies like IAG Cargo have been looking for higher profits and strive to occupy a larger share of the higher-priced North American market.
Due to the relaxation of the new crown epidemic prevention control restrictions in some countries, demand is increasing, and large-scale commodity transportation has begun to replenish inventory, and epidemic prevention products still occupy a large part.
In addition, almost all express companies are facing huge delays. In general, it has been slower than usual for more than a week, and the price of express delivery has also increased by 20% to 30%.
In any case, in the next few weeks, there are no positive signs that the "price increase chaos" in the air cargo market will improve, because many air cargo companies say that space is limited, demand has skyrocketed, and bookings are already full. With the advent of the Labor Day holiday, or will usher in a new round of interest rate hikes!
For exporters, in addition to the skyrocketing air cargo prices, the situation of container shipping does not seem to be much better!
According to the Baltic Sea Index (FBX), the Nordic segment has risen by 6% this week to $7,791 per 40 feet, a significant increase of 450% from the rate a year ago.
The best FAK price from China to the UK in May is US$13,500 per 40 feet, and this does not include surcharges. Even if the order is accepted, freight forwarders often encounter additional equipment problems and need to purchase containers from other ports, and then Transportation by truck requires additional costs.
In May, most of the space from Asia to the United States has been booked, and the power of life and death is naturally in the hands of airlines, and they are also charging FAK and surcharges according to their own wishes.
Whether it is sea freight, air freight, or international express delivery, in April, unexpectedly, it entered a mode of liquidation, warehouse storage, and soaring freight costs, and shipping prices were not bearish in the short term. It is recommended that you place your order quickly and send it as soon as there is a cabin. Don't wait any longer, the more you wait, the higher the cost!

4 Some warehouses and dock strikes in Amazon Canada
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The Ministry of Public Health recently issued an updated Article 22 order requiring all businesses with 5 or more COVID -19 cases in the past 14 days to suspend business for 10 days. If it is determined that the case was infected in the workplace, or if no obvious source of infection is found outside the workplace, the company will have to shut down.
The following businesses/workplaces in Brampton are currently closed:
FBA YYZ-4, 8050 traditional roads partially closed and closed on April 24.
All businesses/workplaces currently closed by Caledon:
Amazon Rich Stream Center YYZ-7, 12724, part of Geline Road is closed and closed on April 24.


The Port of Montreal’s Dockers’ Association stated that they will start an indefinite strike on Monday, April 26, which is the latest escalation of the current labor dispute. This labor dispute has led to a decline in freight volume at this key port as the nervous shippers have moved or planned to transfer goods to avoid interruptions in transportation.
          
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5The epidemic in India is seriously out of control, and some ports have begun to announce the suspension of operations
New official data from India shows that as of yesterday, there were more than 340,000 newly diagnosed cases of new coronary pneumonia in India in a single day, with a total of 16.96 million confirmed cases and 192,000 deaths!
This is the third consecutive day that the number of newly diagnosed cases in a single day in India has exceeded 300,000, and it has once again set the world's highest record of new cases in a single country in a single day!
The epidemic in India is seriously out of control!

The raging epidemic is engulfing the entire Indian society, and the port and logistics industry, which China's foreign trade and freight forwarding companies are most concerned about, has also come to the news of the suspension!
Kandla Port, the nearest container port to the Indian capital New Delhi, announced that due to the sudden increase in COVID-19 cases, in order to prevent the virus infection chain, all terminal operators in Kandla Port have unilaterally decided to start from today (April 24) Start to close the terminal operations on weekends until further notice.
Kandla was the first port to announce a partial closure of terminal operations. However, in view of the current situation of India's close to out-of-control epidemic situation, many industry veterans agreed that other Indian ports are likely to be forced to stop by the epidemic in the future.
Some domestic freight forwarders have begun to issue strong warnings to foreign trade customers.
Indeed, even if there is no epidemic, India is already a market full of pits for many foreign trade and freight forwarding companies. The epidemic that has continued to raging wildly in recent days has made India a hell on earth. Human lives are not guaranteed, and goods and trade are even more dangerous.
Recently, foreign trade companies that export to India, or freight forwarders that collect goods from the Indian market, need to pay more attention to the safety of goods and freight.
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