Freight rates (Ocean Freight) from Asia to North America West Coast week 31/2023 continued to increase sharply to $1,959 /FEU, up 7.05% from last week and up 34.82% from last month, according to Xeneta data.
Freight rates from Asia to Northern Europe in the week of 31/2023 spiked to $1,743 /FEU, up 46.84% from last week and up 44.41% from last month, according to Xeneta data.
Freight rates from North America (West Coast) to Asia in the week of 31/2023 decreased slightly 1.06% compared to the previous week to 844 USD/FEU. This price decreased by 0.35% compared to the previous month.
Freight rates from Northern Europe to Asia in the week of 31/2023 decreased slightly by 1.29% compared to the previous week, to 383 USD/FEU. This price decreased by 2.54% compared to the previous month.
As global supply chains navigate ongoing shifts, expanding a robust international partner network is a vital strategy for ensuring seamless cargo flows. From April 1st to 4th, 2026, Glotrans Vietnam is officially taking part in the 21st JCtrans Global Freight Forwarders Conference, held at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand.
The 15th WCA Worldwide Conference 2026, organized from 9 to 13 March in Singapore, successfully brought together freight forwarding and logistics companies from across the globe. Hosted in one of Asia’s leading logistics hubs, the conference attracted thousands of freight forwarders, logistics enterprises, and supply chain professionals from many countries worldwide.
Air cargo is heating up again in a very concrete way: speed is no longer just a company advantage—it is increasingly a national advantage. IATA recorded strong global air cargo growth and a record year in 2024, and in 2025 several months continued to set new highs in demand measured by CTK, suggesting this is not a short-lived surge.
After several productive days at the 21st JCtrans Global Freight Forwarders Conference held in Bangkok, Glotrans Vietnam has successfully concluded its participation, achieving valuable connections and promising cooperation opportunities.
Attending the Thanh Hoa Investment Promotion Conference 2026 for the first time, Glotrans’ representatives not only sought networking opportunities but also gained deeper insights into how Thanh Hoa is gradually repositioning its role within the regional supply chain landscape.
On the morning of March 25, 2026, Glotrans Vietnam – Hai Phong Branch organized a talkshow at the Faculty of Economics, Vietnam Maritime University under the theme “Glotrans & Career Compass.”
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
