In this edition, we cover crucial updates and insights on:
-
General Rate Increases Announced
Major carriers have introduced rate restorations effective 15 October, with increases of USD $300/TEU and $600/FEU from Asia and the Indian Subcontinent to Australia and New Zealand—driven by seasonal demand and rising operating costs. -
Schedule Reliability & Congestion Challenges
Blank sailings are up to 8% globally this month (vs 4% last month), largely due to Golden Week in Asia. Port congestion continues across major hubs like Shanghai, Hamburg, and Sydney, impacting both ocean freight schedules and transit times. -
New “Incoterms” Filter in the S.A.L. Online Portal
You can now filter and sort your shipments and orders by Incoterms directly in the portal—giving you greater visibility over responsibilities and cost allocation. Need help using it? Reach out to steph@salglobal.au -
Planning for Christmas & New Year Closures
The festive season is fast approaching. Please send through your closure dates and finalise orders early to avoid delays and potential charges for storage, demurrage or redelivery during the holidays.
Stay informed and ahead in the logistics world! Click HERE to learn more