{"version":"1.0","provider_name":"UFL Group","provider_url":"https:\/\/ufreight.com\/tc","author_name":"UFL Group","author_url":"https:\/\/ufreight.com\/tc\/author\/tung-ho\/","title":"Shipping lines blank sailings and implement rate hikes - UFL Group","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"i3as3MogX4\"><a href=\"https:\/\/ufreight.com\/tc\/shipping-lines-blank-sailings-and-implement-rate-hikes\/\">Shipping lines blank sailings and implement rate hikes<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/ufreight.com\/tc\/shipping-lines-blank-sailings-and-implement-rate-hikes\/embed\/#?secret=i3as3MogX4\" width=\"600\" height=\"338\" title=\"Shipping lines blank sailings and implement rate hikes &#8212; UFL Group\" data-secret=\"i3as3MogX4\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/ufreight.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>","thumbnail_url":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","thumbnail_width":902,"thumbnail_height":600,"description":"Container shipping lines are actively tightening available capacity as they move to stabilise rates \u2014 just as a fresh layer of U.S. port charges on vessels connected to China took effect yesterday. These additional fees, according to carriers, will ultimately fall on shippers. With our strong presence in the global container shipping arena, this is having an impact on the work of the U-Freight Group's ocean freight teams. The latest data from consultancy Project44 shows that blank sailings have surged to new heights as demand on U.S.-China routes has fallen. The blanks for October are on track to exceed levels seen during the early months of the COVID-19 pandemic, when consumer demand in the West cratered and imports fell off quickly.\u00a0U-Freight has noticed that ahead of the annual contract negotiation cycle, major shipping alliances have increased the frequency of blank sailings to firm up pricing. Over the course of weeks 42 to 46, a total of 41 voyages were cancelled out of a planned 716 across east\u2013west routes. These reductions have hit transpacific and Asia\u2013Europe lanes hardest, removing 6% of total capacity \u2014 equivalent to around 544,000 teu \u2014 in the past month."}