Government to fund 11K HGV drivers
The UK government has offered contracts worth £34.5m to train up to 11,000 new lorry drivers, to alleviate the ongoing supply chain squeeze caused by the pandemic and Brexit. HGV…
Archive: News
Freight market report
As supply chains continue to battle with insufficient capacity, surging rates and overwhelmed transport systems, we asked our colleagues in seven key markets to share their insights on operations, demand,…
Post-Brexit origin rules catching shippers out
British companies trading with the EU, that fail to comply with the origin rules of the EU-UK trade deal, could face disruptive enforcement action by customs authorities, when the ‘grace’…
Passenger cargo capacity very welcome
Prior to the pandemic, the belly-hold in passenger aircraft provided 50% of global air freight capacity and the return of air travel will ease congestion and rate pressure, as more…
Forwarders hid extent of HGV driver crisis
The HGV driver crisis has been growing for two decades and despite the best efforts of the freight forwarding community and its effective transport management, the situation has been undermined…
Ningbo closure contributes to global vessel congestion
Two weeks since Ningbo container terminals closed after a worker tested positive for COVID-19 and port congestion has spread across China and Asia, while easing in Europe. The lessening of…
Sea freight market update
Demand for imports from Asia and the Indian subcontinent (ISC) continues to outstrip shipping line capacity and there are no signs that volumes will soften, maintaining pressure on global supply…
Air freight rates still firm
Current air freight supply and demand dynamics will maintain elevated prices through the peak season and into 2022, with some predicting that systemic market changes will keep rates at an…
Yantian Port impose COVID restrictions
Restrictions at Yantian port have been announced, following a coronavirus outbreak in the port area last week, with areas suspended from operation, while they undergo intensive cleaning and disinfection. We…
Montreal Port strike
The long-running dock labour dispute resulted in 19 days of strikes last summer and has escalated sharply in recent days, with increasing numbers of shippers diverting cargo through Halifax and…
Popular Posts
Freight outlook 2025
The global freight industry in 2025 presents a dynamic landscape shaped by robust demand, geopolitical…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…