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…
Archive: News
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…
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…
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