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CVI Headquarters
PH 757.466.1170
FX 757.466.1823
info@cvinternational.com
Our mission is to set the industry standard by providing innovative, reliable and personalized international logistics and transportation services to our customers, and in the process, find mutual growth, profitability, and trust.
Our vision is to redefine global logistics by providing superior service, partnership, simplicity, and visibility.
Shipping Update and Outlook - 1st Quarter, 2012
The Transpacific shipping situation continues to prove unpredictable. 2011 Peak Season Surcharges (PSS) were implemented on an ad hoc basis, and PSS announcements for the first quarter of 2012 remain in effect. An early Chinese New Year, beginning the week of January 23rd, is likely to bring space constraints along with increases in freight rates. At present, we can expect rate increases/PSS in the range of $200/40 OSPF, effective January 1st.
The Transatlantic trade remains relatively stable, with steady development and increases in both directions. Congestion in Europe is easing, allowing for fewer delays and space constraints. The Latin American trade has maintained its stability as well, with strong development.
Air cargo volume continues to grow, particularly on the Asia to USA trade lanes as we approach Chinese New Year.
CVI's network is constantly expanding, both for Transpacific and Central American air cargo. We have maintained our Miami warehouse operations and expanded port service along the east coast, allowing us to continue utilizing the optimum balance between transit time, cost and efficiency.
For more information, please contact your CVI customer service representative or Josef Fellhofer at jfellhofer@cvinternational.com.