Logistics Briefing Weekly

Peru:

• From November 10 to 16, Peru will host the APEC Economies Leaders Week where representatives of the 21 member economies and personalities from international organizations meet to address the challenges and opportunities facing the Asia-Pacific region.
• National strike scheduled for October 23 is being observed by Asociación Nacional de Transportadores, the main union of the cargo and goods transportation sector.

Colombia:

• Government adopts measure to deal with imports of wire rod and launches the Pact for Steel. One of the objectives is to promote the production of high value-added steel and boost exports. An ad valorem tariff is adopted to deal with imports of wire rod from countries with which there is no trade agreement.
• Associations of transporters recommend not to transit through protest zones due to mining strike.

Chile:

• Shortage of 20' containers in the country's southern ports.
• As from 15/Nov shipping lines give priority to reefer equipment to fresh fruits, therefore it is suggested to make schedules in advance.
• National Holidays 31/OCT and 1/NOV
• 500 Bolivian cargo trucks are stranded in Chile due to blockade by workers of Quiborax Company.
• Preparations for the start of the cherry season in November

Global:

• Peak Season for air transport has already started and there is high demand for space, airline congestion, backlog, rescheduling, flight cancellations and other risks. Similarly, this congestion is present in the main hubs around the world where consolidated routes are operated (MIA, BOG, FRA, MAD are the most saturated). It is worth mentioning that ASIA routes are always dynamic in terms of slots and fares.

Hapag-Lloyd applies new peak season surcharge from Latin America to Europe

German container line Hapag-Lloyd has announced a new peak season surcharge (PSS) from the West Coast of Latin America, Central America and the Caribbean to North Europe and the Mediterranean.

The surcharge of US$900 per reefer container will be applicable to all sailings starting on 11 November and will be valid until further notice.

The company noted the implementation date for Colombia, Ecuador, Puerto Rico and the US Virgin Islands will be 25 November.

Maersk applies reeefer surcharge from Chile and Peru to Asia

Danish ocean carrier Maersk has announced the introduction of a new peak season surcharge (PSS) from Chile and Peru to Asia.

The surcharge of US$1,000 per container will be applicable only to reefer cargo and will be effective from 1 November.

Carriers may have overshot on capacity and will need to blank more sailings

Container spot freight rates on the main export routes out of China continued to fall this week, with declines seen on both the transpacific and Asia-Europe trades.

The trend of declining spot freight rates was bucked, however, on the transatlantic, where Drewry’s World Container Index (WCI) recorded a 28% week-on-week increase, to $2,663 per 40ft, on its Rotterdam-New York leg.

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Important Dates to Plan Your Shipments

• October 31: Halloween United States
• November 1, 2 or 4: All Saints' Day Latin America
• November 11: Cartagena Independence Day - Colombia
• November 11 to 15: Cyber Days Peru
• November 18: Commemoration of the beginning of the Mexican revolution
• November 27: Cyber Day Colombia and Mexico
• November 29: Black Friday
• December 2: Cyber Monday Mexico

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