2023 is the second driest year on record in the Panama Canal Basin. Faced with low rainfall and subsequent lake water level declines, the canal has implemented an operational strategy focused on water conservation and transportation reliability. It has been proven that these measures, combined with direct and proactive communication with customers, are crucial for adapting to challenging climate environments.

The freight volume of Changtan Port has been increasing for two consecutive months

The latest quotation from SCFI for this issue shows that the freight rate from Shanghai to Europe is $707 per 20 foot container, a decrease of $15 and a weekly decrease of 2.08%; The freight rate from Shanghai to the Mediterranean is $1147 per 20 foot container, a decrease of $37 and a weekly decrease of 3.13%; The freight rate from Shanghai to the US West is $1696 per 40 foot container, a decrease of $147 and a weekly decrease of 7.98%; The freight rate from Shanghai to the US East is $2351 per 40 foot container, a decrease of $3 and a weekly decrease of 0.13%.

The protesters stated that the new terms were too generous to quantify for the first time and accused them of corrupt behavior during the approval process. The company has denied these allegations.

Foreign traders exporting to Canada, please note