Archive: News

By Paul Kelly in News Posted: 8th, October, 2024

East Coast ports work to clear post-strike backlogs

Operations at US East and Gulf Coast ports have resumed following the three-day strike by dockworker members of the the International Longshoremen’s Association (ILA) that ended on the 4th October…

By Paul Kelly in News Posted: 8th, October, 2024

Air freight market poised for further growth

The air cargo market saw slower growth in September, but is expected to rebound strongly in October, driven by rising eCommerce demand and modal-shifts. Although global air cargo demand growth…

By Paul Kelly in News Posted: 4th, October, 2024

US dockworker strike resolved, but January deadline poses risk of more disruption

The recent strike by 45,000 US East and Gulf Coast dockworkers, which began on 1st October 2024, has been temporarily resolved after three days of disruption, but concerns remain.  The…

By Paul Kelly in News Posted: 2nd, October, 2024

US East Coast Port Strikes; Day 2

As the US East and Gulf Coast port strikes continue into their second day, major shipping lines have started declaring force majeure, signalling a significant escalation in the crisis. The…

By Paul Kelly in News Posted: 24th, September, 2024

US East Coast strike could be less than a week away

The looming threat of a strike at US East Coast and Gulf ports has sparked concern across the global shipping industry, with less than a week to go before the…

By Paul Kelly in News Posted: 23rd, September, 2024

Asia and freight market update; September 2024

Ocean freight remains constrained by port congestion and equipment shortages, while air freight sees increased rates due to capacity limitations on key routes. In road freight, operational costs and high…

By Paul Kelly in News Posted: 20th, September, 2024

Seasonal demand strains reefer availability into 2025

The global reefer market is bracing for significant strain in the fourth quarter of 2024, primarily due to seasonal demand and increased export pressures from Latin America, with Brazil set…

By Paul Kelly in News Posted: 11th, September, 2024

Potential strike threatens to cripple US supply chains

A looming strike by the International Longshoremen’s Association (ILA) threatens to severely disrupt supply chains across the US, particularly along the East and Gulf coasts. With negotiations between the ILA…

By Paul Kelly in News Posted: 11th, September, 2024

Escalating threats prompt US and Canadian air cargo security actions

Amid rising concerns about security threats in European logistics networks, the US and Canadian governments have introduced new air cargo security protocols aimed at mitigating risks posed by incendiary devices…

By Paul Kelly in News Posted: 11th, September, 2024

Alliance changes are reshaping the Asia-Europe shipping landscape

The introduction of a new shipping alliance and MSC’s evolving role in the Asia-Europe trades is expected to provide broader coverage and enhanced port connectivity, but the reorganisation also signals…

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