News

Magnate Worldwide is pleased to announce the acquisition of Hybrid International Forwarding, a strategic addition to Masterpiece International

Due to COVID-19 quarantine requirements, feeder operators have announced their services to be suspended from mid-January to the end of February 2021. Carriers such as MSC, ONE, Hapag-Lloyd, and Hamburg-Sud have officially announced the suspension of feeder service... Learn more

Most carriers have extended their rates until December 14, however due to ongoing space and equipment shortages, carriers released a premium surcharge... Learn more

While intra-EU trade increased by 23%, there was a 15% drop in shipments to outside the EU. The latter marked a worse rate than that seen in the prior two months and included a 12% drop in exports to the U.K. and a 17% slide in exports to the U.S. Learn more...

Though most TPEB carriers extended September rates until the end October, carriers are signalling that rates will increase next month. This will increase rate levels to a record high, driven by high demand and limited capacity...