PIL (Pacific International Lines) has introduced PIL Intermodal Services, providing train, truck and barge services across its network in Intra-Asia, Africa, Middle East, Latin America and Oceania.

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 43/2022.

In the context of deep economic integration and increasing shift of supply into Vietnam, the demand for goods import and export in the central Vietnam and Central Highlands is on the rise.

The German government has approved the acquisition of a minority stake of less than 25% in the container terminal operator HHLA - Terminal Tollerort GmbH (CTT) by the Chinese company COSCO Shipping Port Limited (CSPL).

DP World handled 59.6 million TEUs through its container ports worldwide in the first nine months of the year, up 2% year-on-year.

International container freight rates have fallen for the 33rd consecutive week, especially with a sharp decline of nearly 10%/week on the main Asia-North America and Asia-Europe routes.

The Global Supply Chain Pressure Index (GSCPI) reported a level of 1.05 in September 2022, just a quarter of the peak reported in December 2021, has shown that disruption The supply chain segment has been improved for the better.

According to HSBC, at the current rate of reduction in spot rates, freight rates in the market could fall to 2019 levels as early as the end of this year compared to the previous forecast of mid-2023.

According to Maritime Strategies International (MSI), the dry bulk shipping market suffered a major slump in the third quarter of this year and although some recovery is expected over the next six months, the market is expected will be weaker next year.