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Catch up on the latest developments and announcements from FPS Group

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2:32am 1st November 2022
FPS Movement - the 3rd Quarter of 2022 Newsletter is Out!!!

In the latest - 14th issue of "FPS Movement" read:FPS Group 23rd Joint AGM with Gateway GroupPlease enjoy the read and remember - we will very much ap...

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10:39pm 18th October 2022
Ocean freight orders are signaling a big drop in consumer demand

A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop in ocean freight order...

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11:30pm 16th October 2022
Sri Lanka Freight Forwarder’s Association appointed FPS Sri Lanka to be executive committee member

Famous Pacific Shipping Lanka (Pvt) Ltd is pleased to announce that we were invited to serve as an executive committee member of the Sri Lanka Freight...

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11:39pm 13th October 2022
Improving logistics indexes reflect China’s economic recovery

Multiple logistics indexes have recently reversed their downward trajectories with improvements in market demand and business operations, indicating C...

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9:23pm 12th October 2022
Port of New York and New Jersey implements revised container dwell fee

Dive Brief:-The Port of New York and New Jersey’s updated container dwell fee went into effect on Saturday, mandating carriers to balance their inbo...

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9:36pm 11th October 2022
Alert for cargo even as Vietnam becomes SE Asia's fastest-growing economy

Backed by booming exports, Vietnam is on track to become South-east Asia’s fastest-growing economy this year – but there may be choppy waters ahea...

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10:05pm 6th October 2022
Hapag-Lloyd in billion-dollar deal to buy Chilean port operator SAAM

Hapag-Lloyd is set to rapidly expand its nascent terminal portfolio, agreeing to purchase Chilean operator SM SAAM’s ports and logistics subsidiarie...

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9:24pm 5th October 2022
Intra-Asia ocean freight rates on the slide, but still stronger than long-haul lanes

Intra-Asian ocean freight rates are “sliding”, but the market is holding up better than long-haul trades, according to Dimerco.In its September As...

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10:55pm 4th October 2022
Spot rates still tumbling, but carriers 'can still make good money', says NVOCC

Container spot rates from China to Europe and the US tanked again this week, leading to heavy discounting by carriers and prompting some to offer sign...

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