Uploaded on Apr 29, 2022
In advocating how much the punishment, the FMC's Bureau of Enforcement (BOE) verified that Hapag-Lloyd acted intentionally and resolutely forcing and declining to defer confinement charges where there were inadequate arrangements to return these vacant compartments. Visit our website to know all about Week 17 Market Update.
                     Week 17 Market Update
                     Week 17 Market Update - RTW 
Logistics 
High import volumes being redirected from the 
West Coast is coming down on marine terminals at 
the Port of New York and New Jersey and 
compelling extra cutoff points on multi-purpose 
drivers for returning void holders to the port. 
Because of the great volumes, two marine terminals 
are thinking about new principles that coordinate 
import holders with void ones.  
The issue reached a crucial stage as seven sea 
transporters - CMA CGM, Hapag-Lloyd, Ocean 
Network Express (ONE), Overseas Orient Container 
Line (OOCL), HMM, Yang Ming, and Wan Hai Lines - 
sent notification to New Jersey engine transporters 
impeding returns of different kinds of void holders 
on different days during the seven day stretch of 
April 18-22. 
The ports of Los Angeles and Long Beach, which 
together handle around 40% of U.S. imports from 
Asia, will spend more than $7 billion in the 
approaching 10 years on bigger, more effective 
terminals and further developed availability to rail 
and thruway organizations. Know all about Week 17 
Market Update. Visit our website to know more. 
 
 
 
  
                                          
                
            
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