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…
Archive: News
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…
Ever Given blocks Suez Canal
At 7:40 am this morning, Evergreen's 20k TEU Ever Given ran aground sideways in the Suez Canal, completely blocking the channel, with the potential to impact oil and sea freight…
Constrained air cargo capacity likely till 2023
In the absence of passenger aircraft (PAX) belly-hold capacity, due to a large amount of the world’s airline fleet parked up and not operating, overall air cargo capacity will remain…
Brexit FTA agreed
The freight sector has welcomed the signing of a trade deal between the UK and the EU. The deal covers the rules relating to products which will allow them to…
Federal Maritime Commission monitors Asia shipping alliances
The Maritime Commission, the US body responsible for the regulation of ocean carriers and intermediaries, is intensifying its monitoring of shipping alliance activity on the trans-Pacific and trans-Atlantic trades. The…
Container shortage escalates
The shortage of containers in Asian origins is so pronounced that carriers are leaving export cargo on the quay, in favour of shipping empty containers back from Europe and the…
Revised Border Operating Model released
The Government has released a comprehensive update to their Border Operating Model, detailing import and export border processes from 11:01 GMT 31st December 2020. (more…)
Disruption and now surcharges at Felixstowe
With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some vessels have diverted to Southampton or London Gateway and CMA CGM is introducing a Port…
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