Considering what H2 2024 may have in store for sea freight
Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…
Author: Paul Kelly
Expand Your eCommerce Business Internationally
Cross-border eCommerce is an effective strategy for business expansion, allowing online brands to serve overseas customers by realigning their fulfilment capabilities and adapting their websites or joining online marketplaces to…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double in 2024, with falling inflation triggering lower interest rates, to stimulate domestic markets and consumer…
Strikes threaten US, Canada and European supply chains
Labor contract negotiations for 45,000 dockworkers along the US East Coast have been canceled, industrial action by Canadian railways is becoming more likely, port workers in Germany went on strike…
US import volumes surge
Despite talk of deglobalization, near-shoring and global economic tensions sea-borne imports into the United States continue to grow, increasing by more than a quarter on pre-COVID 2019. With the trade…
Port congestion growing
The additional two weeks it takes for ships to sail around the Cape of Good Hope as a result of the Red Sea conflict’s effective closure of the Suez Canal…
US Customs trigger eCommerce crackdown
US Customs and Border Protection (CBP) has confirmed that it is cracking down on ‘de minimis’ eCommerce shipments, to ensure they are compliant, with several high-profile freight forwarders and customs…
Vancouver dock workers, railways and Canadian Customs staff edge closer to strike action
We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…
Asia and freight market update; May 2024
Carriers have been pushing spot rates increases, GRIs and surcharges on all Asia outbound lanes, due to increased demand and increasing equipment challenges in more origins and it would be…
US news updates
The supply chain press have been accusing some container shipping lines of ignoring contracted ex-Asia volume allocations, in favour of carrying higher-yielding cargo at spot rates that have increased by…
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