With no significant peak season in evidence and despite record-breaking deliveries of new container ships, the three biggest carriers have announced General Rate Increases (GRIs) effective from the 1st August.…
It is estimated that 20,000 manufacturers or importers, including those involved in packaging and industrial manufacturing of consumer goods, as well as food and beverage producers, and the pharmaceutical and…
In normal times we are accustomed to a spike in sea freight volumes ahead of Chinese New Year (CNY) and the container shipping lines ‘blanking’ a few sailings in the…
Capacity constraints are being exacerbated by demand surges and equipment shortages driving container freight rates up to to 2020 highs as carriers on the eastbound trans-Pacific implement their fourth GRI since the…
Despite some lines reinstating blanked trans-pacific services, analysts suggest this does not indicate a demand rebound is underway. The Coronavirus pandemic continues to suppress global demand, leading container shipping lines…
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
Some areas of global trade continue to experience extreme congestion, while other areas are operating…
