Global Container Shipping Rates Drop Amid Weak Peak Season Demand

Global Container Shipping Rates Drop Amid Weak Peak Season Demand

The container shipping market has entered its off-season, with the SCFI index falling below 1000 points again. Freight rates on the US West Coast route have plummeted, approaching the cost line. Overcapacity and weak demand have led to a comprehensive decline in freight rates. Shipping companies' efforts to reduce capacity and cancel sailings have had limited effect, and December's price increase plans face challenges. Australia/New Zealand and South America routes bucked the trend with price increases, while intra-Asia routes saw minor fluctuations. The market may remain volatile at a low level, requiring shipping companies to adjust their strategies to meet the challenges.

02/11/2026 Logistics
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Egypts Jet Aviation Dominates Ground Handling in Africa Middle East

Egypts Jet Aviation Dominates Ground Handling in Africa Middle East

Egypt Jet Airlines (EJA) is a ground handling service provider located at Cairo International Airport. It focuses on providing comprehensive ground handling services to airlines in Africa and the Middle East, including passenger services, ramp services, load control, security, and cargo warehousing. EJA is committed to providing safe, reliable, and efficient ground handling services, contributing to the development of the regional aviation industry.

01/20/2026 Airlines
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PSA International Leads Global Port Management Strategy

PSA International Leads Global Port Management Strategy

PSA International, a leader in the port industry, operates flagship ports in Singapore and Belgium, aiming to optimize global freight logistics. By leveraging advanced technologies to enhance efficiency and collaborating closely with various stakeholders, it demonstrates strong market competitiveness and sustainable development potential.

08/05/2025 Port Encyclopedia
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China Postal Airlines Expands Zhengzhouseoul Cargo Route

China Postal Airlines Expands Zhengzhouseoul Cargo Route

On June 5, China Postal Airlines successfully launched the “Zhengzhou=Seoul” international freight route, operating three regular flights weekly. This development enhances Zhengzhou's role as an international mail hub and promotes efficient connectivity between trade and logistics between China and South Korea.

06/06/2025 Logistics
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