{"id":945,"date":"2023-04-29T08:00:00","date_gmt":"2023-04-29T08:00:00","guid":{"rendered":"https:\/\/logisticsportal.net\/?p=945"},"modified":"2024-01-07T16:14:44","modified_gmt":"2024-01-07T16:14:44","slug":"logistics-recap-april-23rd-april-29th","status":"publish","type":"post","link":"https:\/\/logisticsportal.net\/?p=945","title":{"rendered":"Logistics Recap April 23rd &#8211; April 29th"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/container-gb7384e8e9_1920_dark.jpg&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_fullwidth_header _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;#2b87da 0%|#1c2887 100%&#8221; background_image=&#8221;https:\/\/logisticsportal.net\/wp-content\/uploads\/2022\/02\/aerial-view-container-cargo-ship-sea-scaled.jpg&#8221; min_height=&#8221;173px&#8221; custom_margin=&#8221;-29px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; title_text=&#8221;Aerial view of container cargo ship in sea.&#8221; sticky_enabled=&#8221;0&#8243;]<h1 style=\"text-align: center;\"><strong>Logistics Recap <\/strong><\/h1>\n<h1 style=\"text-align: center;\"><strong>April 23rd <\/strong><strong style=\"font-size: 40px;\">&#8211; April 29th<\/strong><\/h1>[\/et_pb_fullwidth_header][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; link_text_color=&#8221;#0C71C3&#8243; link_option_url_new_window=&#8221;on&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<p class=\"p1\"><b>Trans-Atlantic shipping rates keep sinking as imports from Europe fall<\/b><\/p>\n<p>The trans-Atlantic westbound trade has been a star performer for container lines over the past year, a bright spot amid a global slide. Europe-to-U.S. rates have been an outlier, staying far higher than those in the trans-Pacific trade and \u2014 until recently \u2014 far exceeding pre-COVID levels.<\/p>\n<p>That premium is still there, but it\u2019s shrinking fast. Europe-East Coast spot rates continue to steadily decline, following the same pattern previously seen in the other mainline trades. The only difference is a time lag.<\/p>\n<p><strong><a href=\"https:\/\/www.freightwaves.com\/news\/trans-atlantic-shipping-rates-keep-sinking-as-imports-from-europe-fall\" title=\"Read More Here Freightwaves\" target=\"_blank\" rel=\"noopener\">Read More Here Freightwaves<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><b>\u00a05 California ports pledge to build data-sjaring system for cargo fluidity<\/b><\/p>\n<p>Five of California\u2019s largest ports have agreed to advance a data-sharing partnership to better coordinate freight movement and improve resilience.\u00a0<\/p>\n<p>The ports of Los Angeles, Long Beach, Oakland, San Diego and Hueneme<span>\u00a0<\/span><a href=\"https:\/\/business.ca.gov\/california-ports-sign-memorandum-of-understanding-on-data-system-development\/\">signed a Memorandum of Understanding on Wednesday<\/a><span>\u00a0<\/span>to launch the California Port Data Partnership. Ports will now work to advance a cloud-based system aimed at standardizing data and boosting cargo fluidity.\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.supplychaindive.com\/news\/California-ports-collaborate-cargo-data-system\/648793\/\" title=\"Read More Here Supply Chain Dive\" target=\"_blank\" rel=\"noopener\">Read More Here Supply Chain Dive<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p class=\"p1\"><strong>U.S. demands Iran release oil tanker seized in Gulf of Oman<\/strong><\/p>\n<p>The U.S. demanded that Iran release an oil tanker siezed while hauling crude through the Gulf of Oman, the latest flare-up in one of the world\u2019s important waterways.\u00a0<\/p>\n<p>Iran\u2019s navy seized the Marshall Islands-flagged Advantage Sweet in international waters at about 1:15 p.m. local time April 27, according to the U.S. Navy. The vessel issued a distress call, and the U.S. Fifth Fleet is monitoring the situation.\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.supplychainbrain.com\/articles\/37140-us-demands-iran-release-oil-tanker-seized-in-gulf-of-oman\" target=\"_blank\" rel=\"noopener\" title=\"Read More Here Supply Chain Brain\">Read More Here Supply Chain Brain<\/a><\/strong><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>Logistics Recap April 23rd &#8211; April 29thTrans-Atlantic shipping rates keep sinking as imports from Europe fall The trans-Atlantic westbound trade has been a star performer for container lines over the past year, a bright spot amid a global slide. Europe-to-U.S. rates have been an outlier, staying far higher than those in the trans-Pacific trade and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1140","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[29,25,24,27,31,26,19,28],"class_list":["post-945","post","type-post","status-publish","format-standard","hentry","category-news","tag-freight","tag-logistics-2","tag-news-2","tag-production","tag-recap","tag-shipping","tag-supply-chain","tag-transportation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Logistics Recap April 23rd - April 29th - Logistics Portal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/logisticsportal.net\/?p=945\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics Recap April 23rd - April 29th - Logistics Portal\" \/>\n<meta property=\"og:description\" content=\"Logistics Recap April 23rd - April 29thTrans-Atlantic shipping rates keep sinking as imports from Europe fall The trans-Atlantic westbound trade has been a star performer for container lines over the past year, a bright spot amid a global slide. 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