Container Rates for Trans-Pacific Freight From the US to Asia Hit Rock Bottom

The imbalance of trade between Asia and the US keeps trans-Pacific westbound freight rates lower than eastbound rates. Most ships arriving from Asia to the US are heavily booked, while the return voyages are booked at less than 40% capacity. The imbalance is compounded by the current trade war. The strong dollar and retaliatory tariffs from China have made exporting from the US more costly. Further downward pressure on rates is caused by a larger volume of low value commodities like scrap materials being exported to Asia, while finished consumer goods imported to the US command higher freight rates. To learn more about the reasons for lower westbound freight rates, read here.

 

Oversize project cargo being transported on river

Oversize Project Cargo Transported Via Seasonal River Route To Reach Otherwise Inaccessible Remote Destination

Huge pieces of cargo for a gas processing plant in Russia are being transported using custom designed multi-modal methods and custom designed lifting equipment. Transport from the ocean port of discharge to the inland destination involves a fleet of barges, tug boats, shallow draft pontoons and purpose built cranes. The river journey requires 21 days to navigate over 1400 miles of shallow waters. It will take 5 seasons to transport all 176,000 tons of oversize equipment needed as the river is only accessible several months each year.

Read more about this oversize cargo project at:  JOC

Case Study – Railway Tram Systems Transport and Installation

International transport of railway tram systems presents a unique set of challenges. These oversize rail cars require special handling to move safely from factory to destination. The process involves engineering the trams with lifting points for safe hoisting by cranes, performing inland route surveys, securing ocean carrier and port approvals, custom design and sourcing of spreader bar assemblies, overseeing crane operations at inland origin and destination points, managing loading and lashing at ports of loading and on board ships, as well as securing on mafi platforms and drop deck trailers. Marine engineers are hired to survey the entire process and ensure the units are safely lifted and secured for transport. Overseas Brokers has managed turnkey projects from factories in the US and Europe to multiple destinations in the Middle East and Caribbean including transport, heavy lift operations and installation onto the tracks for entire tram systems, as well as railway track laydown and ongoing supply of equipment for system maintenance .

To see video of a modern tram arrival by ship, it’s journey from the port to the track and a test run, click here:  https://www.youtube.com/watch?v=6AOk5BQpZbg

To read more about double decker and single deck open tram systems we handled, click on the following links:

https://en.wikipedia.org/wiki/Dubai_Trolley ;

https://www.burjkhalifa.ae/en/downtown-dubai/dubai-trolley/

https://www.visitaruba.com/getting-around/streetcar-trolley/ ; https://en.wikipedia.org/wiki/Trams_in_Oranjestad

 

Modern tram is shown at the factory in the US before shrink wrapping.

 

Tram is lifted off the mafi platform at port of discharge.

Tram is lifted by crane for mounting on the track. Note the special spreader bars designed to keep the cables away from the body of the tram.

 

Dubai tram is lifted off trailer at port of loading.

 

Dubai tram installed in front of the Burj Khalifa.

 

Aruba double decker trolley lifted at port of loading.

 

Aruba double decker loaded and lashed on board a container ship.

 

Trolleys in operation in Aruba.

 

Building and truck parked in front of it - with an illustration of a "block chain"

Digital Freight Management Systems

Digital freight management systems may push traditional freight forwarders out of business. However forwarders offering 3PL services, provide added value because the complexity of certain supply chain services are not conducive to digitization. Cargo owners benefit from digital platforms by cutting out middlemen for point to point transport but still need logistics specialists to handle pre and post-shipment services.

To learn more about digital platforms and related block chain developments, click on below links:

https://www.freightwaves.com/news/forwarders-on-notice-as-new-tools-put-freight-in-hands-of-shippers

https://www.freightwaves.com/news/blockchain-technology-can-spur-seamless-and-efficient-international-trade