News

By Paul Kelly in News Posted: 17th, May, 2024

Asia and freight market update; May 2024

Carriers have been pushing spot rates increases, GRIs and surcharges on all Asia outbound lanes, due to increased demand and increasing equipment challenges in more origins and it would be…

By Paul Kelly in News Posted: 17th, May, 2024

US news updates

The supply chain press have been accusing some container shipping lines of ignoring contracted ex-Asia volume allocations, in favour of carrying higher-yielding cargo at spot rates that have increased by…

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

Ex-Asia spot rates rise with cargo rolled

As predicted in our last freight market report the container shipping lines believe that volumes are rebounding to Europe, with projections for US imports also increasing and with capacity squeezed…

By Paul Kelly in News Posted: 7th, May, 2024

New ocean service is fastest between Ireland and U.S.

Offering transatlantic transit times that will be one to two weeks faster than current services from Dublin and Belfast, a new container shipping service launches tomorrow and with spare time…

By Paul Kelly in News Posted: 6th, May, 2024

Leading the way with greener shipping

Global forwarding is the first freight forwarder in the Republic of Ireland to invest in climate-friendly shipping with a Top Five container shipping line, and the first to actively avoid…

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

Imports grow on trans-Pacific and trans-Atlantic trades

US demand for European goods rose 10% in the first quarter, taking volumes back to pre-pandemic levels, while growth in imports from Asia has been accelerating this year, growing 11%…

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

Asia and freight market update; April 2024

Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of Oman means the ‘maritime danger zone’ has expanded significantly from the Red Sea and the…

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

China trade into Mexico and US West Coast

Trade between China and Mexico expanded in 2023 and the massive growth in movements saw Mexico leapfrog China in the first quarter to become the No.1 trading partner for imports…

By Paul Kelly in News Posted: 10th, April, 2024

Shippers face bill for Baltimore bridge collapse

The Dali owners may deny liability and insist that the damage was not due to any fault, neglect, or want of care on their part, but there is a good…

By Paul Kelly in News Posted: 10th, April, 2024

Brexit import charges raise fears of UK food price inflation

Post-Brexit physical border checks have been set to start on the 30th April for some time, but the associated costs have just been revealed, with fears for consumers and small…

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