Daily Logistics News (10.22.2026)
Photo by Kurt Cotoaga on Unsplash
Overview
The October 22 trade and logistics roundup covers developments affecting geopolitical risk, e-commerce logistics costs, breakbulk services, trans-Pacific container rates, schedule reliability, and currency benchmarks. It includes updates from Iran, Amazon Europe, Bohai Bay Port, the China-US trade lane, Xeneta, and the Bank of China.
Geopolitical Risk
On October 19, Iranian Defense Minister Mehdi Akhlaghi said Iran was preparing for a fourth round of war. Speaking at a public parliamentary meeting, Akhlaghi said Iran's capabilities had been further improved and enhanced, and that if the enemy made another miscalculation, Iran's large-scale response would shock its opponent.
E-commerce Logistics Costs
Amazon announced that it will raise fuel and logistics surcharges in several European markets from 1.5% to 2%, the second increase in seven months. The new rates take effect on November 2, 2026, for Fulfillment by Amazon (FBA) orders in Germany, France, Italy, Spain, and the United Kingdom; on November 19, they expand to Multi-Channel Fulfillment (MCF) in the same five markets. The surcharge is calculated on fulfillment fees rather than product prices, and Amazon estimates an average increase of about EUR 0.02 per item for FBA sellers, or about GBP 0.02 on the UK site.
Breakbulk Services
The Jinhaixin departed the Weifang port area of Shandong Port Group's Bohai Bay Port bound for African ports, loaded with more than 20 types of cargo, including bagged goods, engineering vehicles, and equipment, totaling more than 50,000 tonnes. The sailing marked the official opening of Bohai Bay Port's first Africa breakbulk liner route. The new service fills the port's gap in direct breakbulk liner operations to Africa.
Trans-Pacific Container Rates
According to a summary by yayanews, freight rates on China-to-US East Coast routes surged to USD 8,000-9,000 per TEU in October, while West Coast rates were about USD 7,000, a 400% increase from the earlier level. The surge also pushed container throughput at the Port of Long Beach close to 1 million TEUs, a new record. This reflects strong pre-peak-season demand for US imports and improved port handling capacity.
Schedule Reliability
A Xeneta report published on October 12, 2026, showed that global container schedule reliability continued to weaken in September, marking its fourth consecutive monthly decline. The global liner on-time rate fell to 27% in September, down 2 percentage points from August, while the average vessel delay rose to 6 days, an increase of 2.4 days from the start of the second quarter. This means fewer than 30% of container ships arrived on their original schedule that month, while all other vessels experienced delays of varying lengths.
Currency Benchmarks
The roundup listed the Bank of China exchange buying rate for October 22. It stood at EUR 1 = RMB 7.4991 and USD 1 = RMB 6.6759.
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