The world’s first container shipping company with a capacity of 6 million TEU has shown!

The world’s first container shipping company with a capacity of 6 million TEU has shown!

According to the latest data from Alphaliner, MSC (Mediterranean Shipping Company) now holds over 20% of the global container shipping market capacity, setting a new record in the liner shipping industry. The company is just one “large vessel delivery” away from reaching the 6 million TEU milestone. As of July 3, MSC operates a fleet…

Several shipping lines have reduced freight rates

Several shipping lines have reduced freight rates

There has been a notable development in international sea freight rates. The rates for the European routes have seen a correction, ending the previous nine-week upward trend. The market is now focused on whether the European route rates have peaked. Meanwhile, freight rates for the Persian Gulf, West Africa, and South Africa routes have experienced…

Will the freight rates increase or start to decrease?

Will the freight rates increase or start to decrease?

Global shipping is once again facing surging freight rates, port congestion, and container shortages, tightening the nerves of the global supply chain! The COVID-19 pandemic once caused a supply chain disruption crisis, and now new challenges have suddenly arisen. Port congestion, soaring freight rates, along with the multiple impacts of geopolitical and climate factors, are…

Top 11 Best-Selling Products Overseas in 2024

Top 11 Best-Selling Products Overseas in 2024

Nowadays, there is a wide variety of cross-border e-commerce products available, making it increasingly difficult to choose among them. Linkway has therefore compiled a list of 11 best-selling products based on global consumer behavior, to assist cross-border sellers in product selection. In 2024, 12.7% of full-time employees in the US worked from home, while 28.2%…

CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

CMA CGM Orders 20 More Vessels for $3.5 Billion, Set to Become World’s Second Largest Liner Company

According to the latest data from Alphaliner, the global container fleet has reached a milestone of 30 million TEUs (twenty-foot equivalent units) for the first time. This achievement is attributed to the significant delivery of new ships from Asian shipyards, setting a new record. This growth reflects the rapid development of the shipping industry and…

Maersk announces an increase in FAK rates for the European route! Freight rates rise to nearly $10,000!

Maersk announces an increase in FAK rates for the European route! Freight rates rise to nearly $10,000!

Frontline’s CEO, Lars Barstad, said on Wednesday that even if the Israel-Palestine conflict reaches a ceasefire, which could potentially end the threat of Houthi attacks on ships, shipping companies are unlikely to quickly resume routes in the Red Sea. Lars Barstad emphasized, “We are all hoping for a ceasefire in the Israel-Palestine conflict, but expecting…

MAERSK and COSCO has announced a price increase in July!

MAERSK and COSCO has announced a price increase in July!

Due to various factors such as rising demand, the Red Sea situation, and port congestion, shipping prices have continued to rise since early June. Leading shipping companies like Maersk and COSCO have successively announced the latest peak season surcharges and price increase notices, impacting routes to the United States, Europe, Africa, the Middle East, and…

CMA CGM has announced a price increase in July!

CMA CGM has announced a price increase in July!

Due to multiple factors such as rising demand, the Red Sea situation, and port congestion, shipping prices have continued to increase since the beginning of June. Leading shipping companies like Maersk, CMA CGM, and Hapag-Lloyd have successively announced the latest peak season surcharges and price increase notices, affecting routes to the United State, Europe, Africa,…

How should cross-border sellers respond?

How should cross-border sellers respond?

Faced with cabin shortages and price hikes, FBA warehouse congestion, and frequent order cancellations, how should cross-border sellers respond? As Prime Day approaches, sellers are facing soaring shipping rates, container shortages, FBA warehouse congestion, and frequent order cancellations. These issues are causing headaches for many sellers, as logistics are crucial for achieving high sales during…