Written by Since Mexico is a large country, various shipping companies call at the port. Among them, I will briefly describe a few of them and explain about them. I will introduce you to the top 3 shipping companies in Mexico. The number one among top operators is MSC. Msc is a Swiss company that ranks first … Continue reading “In Mexico, which shipping line exists?(Top 3 Shipping line)”
Today I would like to cover information about ports in Mexico. Manzanillo, one of the most important ports in Mexico, is located in the state of Colima and has container base terminals Contecon and SSA and multi-purpose terminals Timsa and Ocupa. Since this is a place where a lot of cargo is concentrated compared to … Continue reading “Major ports in Mexico”
The Alliance, a strategic shipping partnership group consisting of four companies, including Korea’s HMM, Japan’s Ocean Network Express (ONE), Taiwan’s Yang Ming Shipping, and Germany’s Hapaakreut, announced that it will reorganize the Asia-North America West Coast route from October 8. A total of two services, including PN3 and PN2, will be reorganized. PN3 service will … Continue reading “The Alliance temporarily suspends flight 1 between North America and the West Coast.”
“Sea-Intelligence, as a result of analysis of U.S. consumption patterns, demand for service goods is higher compared to the average year (2019).” Sea-Intelligence, as a result of analyzing US consumption patterns, revealed that the proportion of consumption for service goods increased significantly compared to the normal year before the pandemic (2019). Looking at the proportion … Continue reading “Large spending on goods not in containers”
“Panama Canal, average transit waiting time eased from 19 days to 11 days… However, it is still above the average level.” The Panama Canal Authority (ACP) announced that the average number of waiting days for transit was 11 days, down from the peak of 19 days, but still above the average level (9 days). Alternative … Continue reading “Logistics: Canal in dire straits”
ZIM is to start a new service connecting Asia with the West Coast of South America.Branded ZIM ‘Albatross’ service (ZAT), the new line will call at Xingang, Qingdao,Shanghai, Ningbo, Pusan, Lazaro Cardenas, Buenaventura, Guayaquil, Callao, San Antonio,Pusan, Xingang. A fleet of nine vessels, whose size has yet to be specified, is expected to beused on … Continue reading “ZIM to start Asia-WCSA service”
A total of 62 neo-panamax ships (NPX) in the size range of 13,000 to 16,550 teu will enterservice in the course of 2023. These ships represent a capacity of 928,000 teu or 39% of allnew teu slots being added to the fleet this year.Nineteen of these new neo-panamaxes have already joined Asia – North America … Continue reading “Neo-panamax vessels spread to North-South trades”
US consumer confidence index in September was 103, lowest in 4 months… “Reflects anxiety about rising oil prices and interest rate hikes” U.S. September *Consumer confidence index fell to 103, recording the lowest level in four months. This is a level that is significantly lower than both the previous month’s figure (108.7) and the market … Continue reading “US Consumer Confidence Drops to a Four-Month Low on Outlook”
“Costco’s fourth quarter performance exceeded market expectations due to increased food sales and membership subscriptions.” Costco’s fiscal fourth quarter (June 3-September 3, 2023) performance exceeded market expectations due to solid food sales and increased membership sales. In particular, as food prices rose sharply due to inflation, Costco membership, which has the advantage of low prices … Continue reading “Costco tops quarterly earnings expectations, even as sales remain soft”
The United Auto Workers (UAW) began a strike on September 15 against the big three manufacturers, GM, Ford, and JEEP, and has been going on for two weeks. 9/15 The first plants to cease operation were GM’s Missouri plant, Ford’s Michigan plant, and JEEP’s Ohio plant. Afterwards, the three companies’ factories located throughout the country … Continue reading “Auto strike goes up a notch but supply chains yet to feel major impact”