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IGL Worldwide Sdn Bhd-Our Commitment, Your Satisfaction

Name: IGL Worldwide Sdn Bhd-Our Commitment, Your Satisfaction
Address: Jalan Batu Nilam 16, Klang, 41200, MY
Telephone: +60162117183

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OUR COMMITMENT, YOUR SATISFACTION
“IGL shall continually strive to develop Advanced, Innovative and Cost Effective Logistical Solutions for our Clients and Partners.”

04/07/2025

--China Trade Outlook Improves, But Container Rates Remain Volatile--

As the July 9 deadline for the U.S.-China tariff pause approaches, uncertainty looms over the trans-Pacific trade. Although a recent deal was struck to resume China's rare earth exports in exchange for easing U.S. countermeasures, full details and future tariff plans remain unclear.

Following a U.S. tariff reduction on May 12, container volumes from China to the U.S. initially rebounded. Carriers quickly added capacity, especially to the U.S. West Coast, anticipating sustained demand. However, demand has softened — causing freight rates to fall sharply even as volumes remain high.

-Asia–US West Coast rates peaked mid-June at $6,000 per FEU, then fell 43% to $3,388, though still above late-May levels.

-Asia–US East Coast rates saw a smaller dip, ending June at $6,116, down from $7,200 mid-month.

-Analysts note that current rate peaks are lower than last year, hinting at an oversupply of capacity in the market.

In Europe, Asia–Europe and Mediterranean rates jumped in June due to Red Sea diversions and port congestion, but also cooled by month-end, signaling that planned July GRIs (rate hikes) may not hold unless carriers cut capacity.

According to other industry sources, actual spot rates from China are even lower:
-Some carriers are now offering as low as $2,000–$2,500/FEU, with ample space availability.

-New entrants to the trans-Pacific lane are undercutting rates to attract business.

(source: https://www.freightwaves.com/news/china-trade-outlook-improves-container-rates-not-so-much)

29/06/2025

🚢💡 Fun Fact:
Behind every smooth shipment is a freight forwarder with a powerful network.
IGL Worldwide deliver more than just cargo—we deliver confidence.
📩 Reach out today: [email protected]

28/06/2025

--Wave of freight containers at LALB ports to beat China tariff hike--

A NEW wave of ocean freight from China is beginning to arrive at the Port of Los Angeles and Long Beach, an increased flow of shipping containers aiming to beat potential tariff increases.

President Trump imposed a deadline of August 12 for the US and China to agree to a trade deal, reports CNBC.

In recent days, the vessel tracking service managed by the Marine Exchange of Southern California and Coast Guard showed an uptick in ship arrivals: Friday (64), Saturday (68), and Sunday (64).

"This is a pretty solid forecast of an increase in container ship arrivals in the next one to two weeks," said Captain J Kipling (Kip) Louttit, executive director of MX SoCal.

He said it is the highest number of container ships on the way to the nation's busiest ports since January 2025 (previous highs were in July and September 2024).

The increase in containers was expected, and officials have stopped short of describing it as a "surge."

The trade war has led many US importers to place a pause on orders, and vessels arriving into the Ports of Los Angeles and Long Beach before the new wave have not been full.

The terminals at the Port of Long Beach are operating at about 60 per cent of capacity. Mario Cordero, CEO of the Port of Long Beach, tells CNBC the port is well prepared to handle the expected uptick in vessel traffic over the next several weeks and beyond.

The terminals at the Port of Los Angeles are operating at 70 per cent of capacity. Gene Seroka, executive director for the Port of Los Angeles, noted in its monthly container update that the port would see some signs of peak season orders in the month of July arrivals. But he added, "retailers are not telling me that they're boosting inventory levels to have wide selections on products beginning that Thanksgiving week and running to the end of the year. So, I'm not seeing that either."

The terminals at the Port of Los Angeles are operating at less than 30 per cent of the cargo on the docks today than at the peak during Covid. "We've got plenty of room to manage the cargo," Mr Seroka said in the update.

(source: http://www.asianshipper.com/main.asp)

27/06/2025

As the crescent moon rises, may your path be guided with peace and purpose.
🌙 Happy Islamic New Year from all of us at IGL Worldwide.

26/06/2025

"Strive not to be a success, but rather to be of value." – Albert Einstein
IGL Worldwide don’t just move cargo—we move possibilities.
With every shipment, we add value to your business through reliability, efficiency, and global expertise.

🌍 Air, Ocean, Road, or Heavy—We’ve got you covered.

📩 Reach out today: [email protected]

25/06/2025

From Air to Ocean, Road to Heavy, We Deliver Beyond Borders.
Seamless logistics, tailored solutions, and reliable freight services all under one roof.
✈️🚢🚚
🔹 Air Freight
🔹 Ocean Freight
🔹 Road Freight
🔹 High & Heavy
🔹 Supply Chain Solutions
🔹 Customs & Compliance

📩 Get in touch: [email protected]

24/06/2025

--Cost volatility in shipping - a growing risk for shippers--

Spot rates on the East-West routes are the most volatile; rates on intra-Asia routes the most stable. So, what are the implications for shippers?
More than five years have passed since the huge shipping disruptions. damaging port congestion and cost spikes of the Covid period, but one feature has remained: freight rate volatility.
Rate volatility has many causes, including external geo-political disruptions like the attacks on ships in the Red Sea, changes in the supply and demand balance and stop-and-go tariff changes (and the accompanying front-loading and pauses in shipping volumes) and higher vessel insurance or fuel costs when security risks rise in areas such as Iran and the Gulf region.
Transpacific rates from Asia to the US West Coast have been acutely volatile in the last six months, in the context of tariff announcements and sudden changes in both capacity and demand. Spot rates from Shanghai to Los Angeles halved between January and March. only to double between March and June.
For manufacturers, retailers, exporters and importers who are buying ocean transport under short, spot agreements, rate volatility means risk.

The risks:
Unexpected decreases or increases in landed costs for importers for the products which they shipped
Negative margins on exports
Less competitive exports in certain markets
Top management will hold logistics executive responsible for logistics cost over-runs!
This risk is more harmful for companies shipping low-value products, as an extra $2.000 in freight cost per container can kill the margin in such cases.
Even for shippers with annual contracts, who tend to be larger and better protected from cost changes from their vendors, we have seen a trend of more frequent unexpected surcharges (for example. Red Sea and ship deviation surcharges since late 2023).
And cost risks are especially high for shippers who have products shipped on the East-West
routes.
The standard deviation for the Drewry East-West Freight Rate Index (a weighted average of spot rates on transpacific. Asia-Europe and transatlantic putes, both eastbound and westbound) was about $1.400 per 4oft container in the tho years since May 2023
It means that a spot-rate shipper exporting or importing on the East-West routes can find that. on average, a container shipment's cost can vary by about $1.400. The shipper may not be prepared for such a large difference.
Proprietary market data from Drewry's Container Freight Rate Insight also shows that spot-rate shippers on North-South routes (routes between the southern and northern hemispheres) are also exposed to material cost volatility - see table.
By contrast, intra-Asia spot-rate shippers have, on average, a much lower risk of cost volatility - water for her family.
seven times lower than East-West spot-rate shippers. Not only are intra-Asia rates much lower than East-West rates, but they are much more stable! Even during the Covid period, the Drewry Intra-Asia Container Index never exceeded $2,000/4oft container, whereas our Drewry East-West Freight Rate Index reached the crazy level of $11.000/4oft container. Does this explain partly why the intra-Asia trade is growing so much?
So, except for those fortunate intra-Asia shippers, there is a material freight cost risk for shippers on the East-West and North-South container shipping routes.
In Drewry's opinion, shippers can and should prepare for this risk and try to mitigate it. Current discussions between Drewry consultants and shippers focus on established and emerging techniques such as:
Established techniques:
Moving from spot agreement to more stable annual contracts with carrier or forwarder providers
Building stronger relationships with ocean carriers, base on mutual commitments Reviewing carrier contract language to protect against umlateral carrier surcharges
Emerging techniques:
Using freight futures to hedge volatility risk in spot rates
Obtaining/preparing freight rate forecasts and scenarios for the shippers top lanes (spot forecasts and contract forecasts)
Reviewing the shipper's sourcing locations and assessing new sourcing locations with lower logistics risks and/or lower tariff risks.
Nobody can prepare for all eventualities, but Drewry believes that increased cost volatility in shipping - and the long-term trend to higher freight rates - deserve increased management

(source: https://www.hellenicshippingnews.com/cost-volatility-in-shipping-a-growing-risk-for-shippers/)

15/06/2025

Do you know? One 40-foot container can fit 8,000 shoeboxes! That’s enough to ship a new pair of kicks to everyone in a small town — and guess who makes it happen? 👟📦 IGL Worldwide, your global freight expert.

13/06/2025

--Early peak coming as trans-Pacific container rates double--

The past week has seen significant changes in trans-Pacific container rates, marking a significant shift on the shipping horizon as the peak season approaches.

Container rates from Asia to the U.S. West Coast surged in the latest data from SONAR and Freightos, as shippers pushed the peak season early to frontload goods ahead of potential tariff pauses in July and August, while ocean lines implemented general rate increases (GRIs) as of June 1.

The SONAR Container Atlas spot rate for loaded boxes departing Yantian, China for Los Angeles was $6,645 per forty foot equivalent unit (FEU) as of June 10, up from $6,100 on June 6. The rate from Ningbo, China increased to $6,439 from $5,797.

The Freightos Baltic Index for the week ending June 6 including GRIs saw rates double to $5,488 per FEU, with daily rates surpassing $6,000. Prices to the U.S. East Coast experienced a 60% increase, reaching $6,410 per FEU. Current rates exceed $7,000 per FEU, aligning with figures from the previous year when capacity constraints, driven by Red Sea dynamics and an early peak season, compounded by the strike threat by the International Longshoremen’s Association, pushed prices up.

Carriers are preparing for further trans-Pacific GRIs, ranging between $1,000 and $3,000 per FEU, scheduled for mid-June and July 1. This is in response to China’s ports grappling with backlogs from an earlier lull in demand, alongside the realignment of vessels and equipment to other lanes during the tariff quiet period.

Freightos research chief Judah Levine in a note said that as peak volumes converge with still-limited capacity and ongoing port congestion at several Far East hubs, the likelihood of these rate increases taking hold in June and July is significant. There is an expectation for rate relief by mid-July as demand eases, congestion dissipates, and more capacity is restored to trans-Pacific routes.

The U.S. ports are proactively preparing for the incoming surge of containers, incorporating lessons learned from the pandemic to mitigate potential congestion. The National Retail Federation had anticipated a decline in U.S. ocean import volumes in May, rebounding in June and peaking in July, as high tariffs had previously suppressed demand. They revised this outlook, noting current rate behavior and GRI announcements.

These projections suggest July’s peak season volumes will be 9% lower than last year’s August peak and 4% less than April’s levels, reflecting the impact of both strong April frontloading and a shipping pause “air pocket” because of high China tariffs. Even with significant inventory build-up earlier in the year, this year’s tariff-driven peak season may not witness the anticipated surge.

Global negotiations continue as the White House works towards securing trade agreements with China, the European Union, and other major trade partners ahead of the July and August deadlines. Any successful trade agreements may lead to a de-escalation of tariffs, but the forward pull of this year’s shipping volumes suggests demand and rates may decline in the late third quarter and into the fourth quarter, regardless.

This burgeoning demand for trans-Pacific containers has ripple effects on other trade routes. Freightos Asia-Mediterranean rates recently climbed by 32% to $4,285 per FEU, with daily rates now surpassing $4,800 per FEU as carriers plan mid-month GRIs and peak season surcharges for Asia-Europe and other lanes due to capacity shifts to the trans-Pacific route.

(source: https://www.freightwaves.com/news/early-peak-coming-as-trans-pacific-container-rates-double)

08/06/2025

--Airfreight can be the pioneer of the age of electric-power aviation--

Airfreight could be the gateway to the electrification of global aviation, with a ready-made market offering the opportunity to prove the viability and safety of battery-powered aircraft to sceptical passengers and regulators.
Efforts to electrify the sector have been hindered, in part, by technology, with batteries not yet sufficient to power aircraft over long distances, and regulators have been struggling to get up to speed on understanding the main safety issues surrounding electric engines.
For Beta Technologies' head of commercial sales, Patrick Buckles, the answer to both these stumbling blocks is to push electrification through cargo services.
"By dint of not carrying passengers, regulations surrounding mail and cargo carriage have historically been less onerous, and that remains the case today," He told The Loadstar while showcasing Beta's conventional take-off electric Alia aircraft.
"Freeing industry to conduct cargo services brings the obvious benefit that it can monetise the operation of electric aircraft, opening funding for further improvements in associated technologies and, perhaps more importantly, demonstrating the safety of electric aircraft to a cautious public."
Pointing to the origins of conventional air travel, Mr Buckles said it was only after people had been exposed to the use of aircraft for ferrying mail and cargo that their anxieties around flying diminished.
"And we believe the same thing is true when it comes to electric aircraft; we can use freight and mail as a way to prove the safety and viability of the aircraft."
Beta Technologies is not the sole actor in the development of electric aircraft, but has had recent success conducting a four-month trial with the US military and having received funding from Amazon and UPS.
"Ecommerce is the ideal customer for our aircraft," said Mr Buckles,
"ecommerce alone won't fill a traditional aircraft, but it can fill one of ours, the Alia boasts 560kg capacity.
"And on a per kg basis, our revenue model is a far smarter option for ecommerce services to isolated communities - islands off the UK coast
or the more remote parts of the US - with fuel prices measured in tens of pounds rather than hundreds."
He continued: "This brings me to the point I was making of cargo being the route to wider market uptake of electric aircraft. If we fly 10,000 tonnes of cargo, passengers are more likely to trust us."
Fully loaded, the Alia boasts a range of 300-350km, and Beta is pushing forward on certification in the EU, the UK, and the US, which Mr Buckles said he hoped to see attained by 2027, with freight services under way in all three jurisdictions that year.
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However, he hinted, this may happen sooner, as there was the potential to see Federal Aviation Administration approval before the end of this
year.
Asked how confident he was on hitting the timeframe for certification, Mr Buckles said: "The US airforce has been trialling the aircraft for four months moving cargo and 100% of those flights operated with zero cancellations - this is unheard of.
"But we have built the aircraft to ensure this. Its simple build is key. It has just two moving parts in the engine, in comparison with the hundreds in a traditional engine."

(source: https://theloadstar.com/airfreight-can-be-the-pioneer-of-the-age-of-electric-powered-aviation/)

07/06/2025

As we celebrate this day of faith, sacrifice, and togetherness, we extend our heartfelt wishes to all.
May this blessed occasion bring you peace, gratitude, and joy.
— Warm regards from IGL Worldwide

06/06/2025

Day of Arafah
On this sacred day of reflection and devotion, we extend our warmest wishes to all observing.
May your prayers be answered and your spirit renewed with peace and faith.
— From all of us at IGL Worldwide

Address

Jalan Batu Nilam 16
Klang
41200

Opening Hours

Monday	09:00 - 17:00
Tuesday	09:00 - 17:00
Wednesday	09:00 - 17:00
Thursday	09:00 - 17:00
Friday	09:00 - 17:00
Saturday	09:00 - 13:00

Telephone

+60162117183

Website

http://www.iglworldwide.com/

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