Asia and freight market update; September 2023
The latest Drewry World Container Index is now 85% below its 2021 peak and 42% lower than the 10-year average, indicating a return to more normal prices. However, it remains…
Archive: News
Leveraging delivery in cost-of-living crisis
For every 100 online shopping carts, 70 will be abandoned, with 40 shoppers deciding that the quoted delivery cost was too high and another 11 not prepared to wait for…
UK food border checks ARE delayed again
The FT’s report that the government would delay new health certification requirements for medium and high-risk goods from the EU has been confirmed, with last week’s confirmation that the government…
Sea freight capacity cuts ex Asia to USA and Europe
With less than four weeks before China’s national Golden Week holiday (1st-7th October) following which the traditional slack season begins, the container shipping lines are ramping-up their trans-Pacific and North…
HMRC to phase export transition to CDS
HMRC announced earlier in August that the planned hard start on the 30th November 2023 has changed, in favour of a phased transition to the Customs Declaration Service (CDS) from…
Trans-Atlantic opportunities but you need to act now
After three years, the container shipping lines’ trans-Atlantic feeding frenzy is over and with rates now well below pre-pandemic levels, this is the time for shippers to take advantage -…
Making time-critical, stress-free
Our air freight team’s expertise and experience meet the urgent consignment needs of our customers and fulfil any time sensitive requirements, with processes that have been designed to provide an…
Panama Canal risk rising
While ongoing vessel and draft restrictions on the Panama Canal have not impacted shippers yet, we are monitoring the increasing queue of container ships waiting to transit the canal closely,…
Asia and freight market update; August 2023
The container shipping line’s capacity management is driving rate recovery from Asia to the US, Europe and the Med, while the quiet summer period continued in airfreight markets during July,…
75% of ILWU Canada membership ratify deal
With union members voting to accept a contract tentatively reached in Western Canada and the port of Halifax, Montreal is the last major container port to agree a new labor…
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Global freight update
Some areas of global trade continue to experience extreme congestion, while other areas are operating…
Disruption and now surcharges at Felixstowe
With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some…
Revised Border Operating Model released
The Government has released a comprehensive update to their Border Operating Model, detailing import and…